As Saudi Arabia's Crown Prince Mohammed bin Salman prepares to mark five years as de facto leader, he is finally arriving on the world stage, getting a boost of sorts with the arrival of US President Joe Biden next month. Biden's trip - after Russia's invasion of Ukraine sent oil...
OPEC cuts 2022 world oil demand forecast due to Ukraine war
In a monthly report, the OPEC said world demand would rise by 3.67 million barrels per day (bpd) in 2022, down 480,000 bpd from its previous forecast
Ukraine war has ‘deadly’ impact on Arab region: US top diplomat
Russia's invasion of Ukraine is having a "deadly" impact in the Arab world, particularly through spiralling wheat prices, US Secretary of State Antony Blinken said in Algiers Wednesday. He was speaking on the final leg of a trip that began with an unprecedented Israeli-Arab summit in the Negev desert, attended...
Blinken in Morocco for security talks, meets UAE leader
Blinken also said he was "encouraging partners to speak out against Russian aggression" and said he doubted Russia's "seriousness" in talks with Ukraine held in Turkey.
Aluminium, copper prices hit records on Ukraine fallout
Aluminium reached $4,026.50, the first time the lightweight metal had breached $4,000 per tonne.Biden says US will contribute half of 60 mn emergency oil barrel release
The United States will contribute half of the 60 million barrels of oil International Energy Agency (IEA) countries agreed to release Tuesday to stabilize global markets after Russia's invasion of Ukraine, President Joe Biden said. "I can announce the United States has worked with 30 other countries to release 60...
‘Pick a side’: Ukraine invasion dilemma for US Big Tech
US Senator Mark Warner wrote to Meta, Reddit, Telegram, TikTok, Twitter and other tech giants to stop Russian disinformation spreading online through their platform.
Egypt vows to look after stranded Russians, Ukrainians
The decision followed a flurry of flight cancellations after Russia early Thursday sent troops across the border into Ukraine.
