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

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

Biden to meet with Saudi crown prince despite ‘pariah’ pledge

Biden to meet with Saudi crown prince despite 'pariah' pledge

WASHINGTON, June 14 (Reuters) – U.S. President Joe Biden will meet Saudi Crown Prince Mohammed bin Salman during a trip to the Middle East in July, in a break with his campaign pledge of making the kingdom a “pariah” as he struggles to combat record high U.S. gasoline prices. Weeks after taking office, Biden shifted … Read more

Israel tells its citizens to avoid Istanbul, warns Iran not to harm them

Israel tells its citizens to avoid Istanbul, warns Iran not to harm them

Israeli Foreign Minister Yair Lapid attends a cabinet meeting at the Prime Minister’s office in Jerusalem May 15, 2022. Abir Sultan/Pool via REUTERS/File Photo Register now for FREE unlimited access to Reuters.com Register JERUSALEM, June 13 (Reuters) – Israel raised its Istanbul travel advisory to the highest level on Monday because of what it said … Read more

Argentina grounds Iran-linked Venezuelan cargo plane, lawmakers seek probe

Argentina grounds Iran-linked Venezuelan cargo plane, lawmakers seek probe

DUBAI/BUENOS AIRES, June 12 (Reuters) – Argentine authorities have grounded an Iran-linked Venezuelan Boeing 747 cargo plane, a local opposition lawmaker and Iranian state media said on Sunday, in an unfolding drama that is throwing a spotlight on political undercurrents in Latin America. The Emtrasur cargo plane, sold to Venezuela by Iran’s Mahan Air a … Read more

Zelenskiy tells Asian meeting: Stopping Russian invasion crucial for whole world

Zelenskiy tells Asian meeting: Stopping Russian invasion crucial for whole world

SINGAPORE June 11 (Reuters) – Ukrainian President Volodymyr Zelenskiy, speaking remotely at the Shangri-La Dialogue in Singapore, said the outcome of the war in his country affected not just Ukraine, but the future of international order. His country is seeking to push the Russians out of areas it has controlled since early in the war, … Read more

Oil producers Iran and Venezuela sign 20-year cooperation plan

Oil producers Iran and Venezuela sign 20-year cooperation plan

June 11 (Reuters) – Iran and Venezuela signed a 20-year cooperation plan in Tehran on Saturday as the two countries, among the world’s top oil producers, grapple with U.S. sanctions that are crippling their exports. The signing ceremony, carried by Iranian state TV, was overseen by Iranian President Ebrahim Raisi and his Venezuelan counterpart Nicolas … Read more