Fiancée of Khashoggi, human rights group sue Saudi crown prince in US
The fiancée of slain Saudi journalist Jamal Khashoggi and a human rights group that he founded filed a lawsuit in a US court with allegations that Saudi Arabia’s crown prince…
Tags: Saudi Arabia
Azeri Light oil price tumbles
Azeri LT CIF crude oil, exported from Azerbaijan to the world markets, decreased $ 0.01 (-0.02%), settling at $42.44 per barrel, Report informs. The lowest price for Azeri Light was…
Iran’s sanction busting pipeline is just months from completion
The first phase of the game-changing, and sanctions skirting Goreh-Jask oil pipeline project will come on stream by the end of the current Iranian calendar year. With sanctions on Iran…
US hostages released in Yemen ‘prisoner swap’
Two US hostages held by Houthi rebels in Yemen have been released, seemingly as part of a large prisoner exchange. Sandra Loli, a humanitarian worker held for about three years,…
OPEC members taking part in cuts turned in a compliance rate of 106%: IEA
Opec and its oil-producing allies, including Russia, are adhering to deep production cuts they agreed to make to counter the demand fallout caused by the coronavirus pandemic, the International Energy…
Why Saudi Arabia may be forced to start another oil price war
Saudi Arabia and Russia are both suffering from low oil prices and economic crises, and with demand not recovering fast enough we may soon see another oil price war. The…
Unofficial Saudi ban on Turkish products impacts global fashion brands as rivalry between Riyadh & Ankara intensifies
Saudi Arabia has forbidden all Turkish-made goods from being brought into the country, Spanish clothing group Mango has told its suppliers in a letter seen by the Financial Times. Riyadh…
Covid-19 pushing global economy ‘over the cliff’ – business leaders warn G20
The global business community has warned that G20 countries need urgent reforms to alleviate the impact of the coronavirus pandemic on the global economy, which is suffering from the worst…
Kuwait ruler Sheikh Sabah al-Ahmad al-Sabah dies aged 91
Kuwait’s Emir, Sheikh Sabah al-Ahmed al-Sabah, has died at the age of 91. His 83-year-old half-brother, Crown Prince Sheikh Nawaf al-Ahmed, has been named by the cabinet as his successor….
Tehran debunks Saudi claims of busting Iranian-trained terrorist cell
Saudi Arabia claims to have uncovered an Iranian-trained terrorist cell, arresting 10 people and seizing a stash of weapons and explosives in a farmhouse. However, Tehran has dismissed the report…