Saturday, October 11, 2025

Oil prices may reach $20, Saudi not willing to cut output

OPEC is determined to keep pumping oil vigorously despite the resulting financial strain even on the policy's chief architect, Saudi Arabia, alarming weaker members...

Turkey's Erdogan says no one has right to "slander" over ISIS oil claims

Turkish President Tayyip Erdogan said on Wednesday no one had the right to "slander" Turkey by accusing it of buying oil from Islamic State,...

In Yemen war, hospitals bombed to rubble, starvation spreads

Elderly Hamama Yousif was rushed to the main hospital in one of Yemen's largest cities after an artillery round lashed her chest with shrapnel,...

China and UAE sign deals as president visits Abu Dhabi

China and the United Arab Emirates signed a raft of economic agreements Friday as President Xi Jinping held "extensive talks" in Abu Dhabi that...

Devaluation of Saudi currency would carry major political risk

The devaluation of Saudi Arabia's currency could cause such political instability that Riyadh has little choice but to stick to its promise to use...

Jeddah hit by heavy showers

Residents of Jeddah witnessed heavy rains in the city on Tuesday with many coming out on to the streets to watch the rare downpour. Inclement...

EU pushes Greece on Syrian migrant crisis

The EU piled more pressure on Greece on Wednesday, telling Athens to improve conditions for refugees so that other overstretched member states can send...

Pentagon giving up on building new Syrian rebel force

The U.S. is abandoning its goal of training a new force of moderate Syrian rebels and will instead focus on equipping and supporting established...

Oil prices down as Turkey fears ease

Oil prices extended their decline in Asia Tuesday as the global glut returned to focus, while worries about the effects of Turkey's coup on...

Assad adviser says Russian forces can return to Syria after withdrawal

A top adviser to Syrian President Bashar al-Assad said on Tuesday Russian forces could return to Syria after withdrawing, and the United States now...

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