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Iran is reportedly stepping up its support for Houthi rebels in Yemen's...
LONDON/ANKARA/DUBAI (Reuters) — Iran is sending advanced weapons and military advisers to Yemen's rebel Houthi movement, stepping up support for its Shi'ite ally in a civil war whose outcome could sway...
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OPEC's 7 'agents of influence' you need to pay attention to
Markets often focus on day-to-day tumultuous headlines and data points as they look for clues about upcoming OPEC decisions.But it’s also worth watching the key decision makers both in and out of the...
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The laptop ban on flights is a giant middle finger to business travelers
The Trump administration announced on Tuesday its latest effort to make life more difficult for anyone—citizen or noncitizen—who wishes to travel to and from the United States.As of right now,...
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The Pentagon is looking to increase support for Saudi Arabia's 2 year old war...
The Pentagon is looking to increase support for Saudi Arabia’s two-year-old war against Houthi rebels in Yemen, signaling a possible expansion of Washington’s controversial backing for a campaign that...
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China is building a new base in Africa that creates 'significant operational...
The US's Camp Lemonnier, a special-operations outpost in the sweltering East African country of Djibouti, will soon have a new neighbor.China will open a new naval base — what it has called "logistical...
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Saudi Aramco might be worth just half of the $2 trillion suggested by Saudi...
LONDON – Saudi Arabia's national oil company may be worth half the $2 trillion (£1.61 trillion) valuation suggested by the country's officials, according to an in-depth report by the Financial...
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May is trying to get the world's biggest ever IPO to list in London instead...
Britain's Prime Minister Theresa May met Saudi finance officials as part of a lobbying effort to win a role hosting the world's biggest share flotation, according to multiple press reports.May brought...
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What the US strike on Syria could mean for oil
Oil prices spiked after the United States launched 59 cruise missiles at Shayrat airfield in Syria and nearby military infrastructure controlled by Syrian President Bashar al-Assad, in response to a...
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The new oil price war is between Saudi Arabia and Russia
International oil markets could be heading towards a new war, as leading OPEC and non-OPEC producers are vying for increased stakes. The unexpected cooperation between OPEC and non-OPEC countries,...
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Saudi Arabia's bloody war in Yemen is giving US lawmakers second thoughts...
WASHINGTON (Reuters) - A group of U.S. lawmakers said on Monday they had requested more information from President Donald Trump's administration about the potential sale of precision-guided munitions...
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OPEC is over-delivering on its pledge
OPEC states cut oil output in March by more than they pledged under supply curbs, according to figures the exporter group uses to monitor its supply, extending a record of higher-than-expected...
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The US is no longer among the top 5 death-penalty countries in the world
APRIL 12, 2017 —Capital punishment fell by more than one-third around the world last year – and the United States dropped out of the top 5 countries for the first time in a decade.That was the finding...
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Saudi Arabia warns Iran is trying to turn Yemen into a 'missile base'
Iran wants to turn Yemen into a "missile base" from which it can threaten Saudi Arabia, according to a Saudi general.Saudi Gen. Ahmed Asiri claimed Saudi Arabia prevented an "Iranian plot" from...
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Saudi Arabia used to call all the shots — but now there are 2 major swing...
Amidst the din of analysts speculating about whether oil prices will rise or fall, observers may well be overlooking some pressing questions about the very nature of the global oil market. The most...
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Signs are pointing towards OPEC extending its production cut
Clear signs emerged this week that the OPEC production cuts in place since November 2016 may be extended past their June 2017 deadline.On Tuesday, Saudi Arabia expressed their willingness to extend the...
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Russia and Saudi Arabia could face economic and political consequences if the...
The world's major oil producing countries — including some non-OPEC states — struck a deal in November to cut production with the hope of ending the global glut that has kept prices depressed for over...
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Russia has boosted its military spending to record levels despite sanctions
Stockholm (AFP) - Russia became the world's third largest military spender in 2016 despite low oil prices and economic sanctions, as the global expenditure rose for a second consecutive year, a study...
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Saudi Arabia is making a 'U-turn' on a controversial policy
Saudi Arabia has had a rough go of it of late.The oil crash, which shaved about 75% off the price of oil between June 2014 and February 2016, has wreaked havoc on Saudi Arabia's economy.Saudi economic...
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A Saudi government shake-up strengthens King Salman's increasingly powerful...
Dubai (AFP) - A recent Saudi government and security shake-up aims to strengthen King Salman's increasingly powerful son against a royal rival and to bolster ties with Washington, analysts and...
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Trump will visit Israel, Saudi Arabia, and the Vatican on his first foreign...
WASHINGTON (AP) — President Donald Trump's first foreign trip will include stops in Israel, the Vatican and Saudi Arabia before visits to NATO and a summit in Italy.Trump is expected to take his first...
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