Macron tells Biden that UAE, Saudi can barely raise oil output

Macron tells Biden that UAE, Saudi can barely raise oil output

GARMISCH-PARTENKIRCHEN, Germany, June 27 (Reuters) – Two top OPEC oil producers, Saudi Arabia and the United Arab Emirates, can barely increase oil production, French President Emmanuel Macron on Monday said he had been told by the UAE’s president. Saudi Arabia and the UAE have been perceived as the only two countries in the Organization of … Read more

Oil prices rise amid G7 talks on new Russian sanctions

Oil prices rise amid G7 talks on new Russian sanctions

Crude oil storage tanks are seen at the Kinder Morgan terminal in Sherwood Park, near Edmonton, Alberta, Canada November 14, 2016. REUTERS/Chris Helgren Register now for FREE unlimited access to Reuters.com Register HOUSTON, June 27 (Reuters) – Oil prices traded higher on Monday in a volatile session as investors waited for any moves against Russian … Read more

NATO to pledge aid to Baltics and Ukraine, urge Turkey to let in Nordics

NATO to pledge aid to Baltics and Ukraine, urge Turkey to let in Nordics

NATO summit over three days in Madrid; Biden to attend Turkey’s veto over Sweden, Finland application a big issue NATO to agree new defences for Baltic region Aid package to Ukraine aims for longer-term support MADRID, June 27 (Reuters) – NATO leaders will urge Turkish President Tayyip Erdogan to lift his veto over Finland and … Read more

Turkey says it is investigating claims of Russia shipping stolen Ukrainian grain

Biden touts temporary grain silos on Ukraine border to help exports

ANKARA, June 23 (Reuters) – Turkish Foreign Minister Mevlut Cavusoglu said on Thursday that Ankara was investigating claims that Ukrainian grain has been stolen by Russia and shipped to countries including Turkey, but added the probes had not found any stolen shipments so far. Kyiv’s ambassador to Ankara said in early June that Turkish buyers … Read more

U.S. hopes for positive Sweden, Finland NATO bid resolution

U.S. hopes for positive Sweden, Finland NATO bid resolution

US Assistant Secretary of State for European and Eurasian Affairs Karen Donfried attends the donor conference for Moldova to assist the country with the influx of Ukrainian refugees, in Berlin, Germany, April 5, 2022. REUTERS/Hannibal Hanschke Register now for FREE unlimited access to Reuters.com Register WASHINGTON, June 22 (Reuters) – The United States is hopeful … Read more

Saudi crown prince, Erdogan meet in Turkey with ‘full normalisation’ in sights

Saudi crown prince, Erdogan meet in Turkey with 'full normalisation' in sights

Ankara halted Khashoggi murder trial to warm ties Official says talks going slow on possible FX swap line Erdogan faces tough elections with economy strained ANKARA, June 22 (Reuters) – Saudi Crown Prince Mohammed bin Salman arrived in Turkey for the first time in years on Wednesday for talks with President Tayyip Erdogan aimed at … Read more

EXCLUSIVE UAE to build Red Sea port in Sudan in $6 billion investment package

EXCLUSIVE UAE to build Red Sea port in Sudan in $6 billion investment package

A man stands opposite the modern port at the harbour in Port Sudan at Red Sea State February 24, 2014. REUTERS/Mohamed Nureldin Abdallah Register now for FREE unlimited access to Reuters.com Register CAIRO, June 20 (Reuters) – The United Arab Emirates will build a new Red Sea port in Sudan as part of a $6 … Read more

China May oil imports from Russia soar to a record, surpass top supplier Saudi

China May oil imports from Russia soar to a record, surpass top supplier Saudi

Oil and gas tanks are seen at an oil warehouse at a port in Zhuhai, China October 22, 2018. REUTERS/Aly Song Register now for FREE unlimited access to Reuters.com Register Russia overtakes Saudi as top supplier after 19-month gap Russian imports nearly 2 mln bpd in May Imports from Malaysia more than doubled in May … Read more

Exclusive: India’s Russian coal purchases spike despite sanctions

Exclusive: India's Russian coal purchases spike despite sanctions

A worker unloads coal from a goods train at a railway yard in the northern Indian city of Chandigarh July 8, 2014. REUTERS/Ajay Verma/Files Register now for FREE unlimited access to Reuters.com Register India’s Russian coal buying May 27-June 15 up 6-fold-govt data India’s Russian oil buying May 27-June 15 up 31-fold-govt data June Russia … Read more

Silos on Ukraine border would keep grain out of Russian hands, says U.S.

Silos on Ukraine border would keep grain out of Russian hands, says U.S.

Trucks with grain wait for crossing the Ukraine-Moldova border in Odesa region, as Russia’s attack on Ukraine continues, Ukraine June 11, 2022. REUTERS/Igor Tkachenko Register now for FREE unlimited access to Reuters.com Register UNITED NATIONS, June 16 (Reuters) – Temporary silos on Ukraine’s border would be intended to prevent Russia from stealing Ukrainian grain and … Read more