Wheat and fuel shortages overwhelm Syria
Dr Khaled was queueing for petrol when he got an urgent call – a patient was bleeding from an artery. Normally, he would drive straight to his hospital in Damascus Continue Reading
Approval of Iraqi budget allows for possible rice, wheat tenders
Highlights Government passes deficit budget, including provisions for rice, wheat Rice, wheat tenders not held since protests began in October 2019 US rice industry had expected private MoU negotiations New Continue Reading
Trump asked for options for attacking Iran last week, but held off: source
President Donald Trump, with two months left in office, last week asked for options on attacking Iran’s main nuclear site, but ultimately decided against taking the dramatic step, a U.S. Continue Reading
Trump Sought Options for Attacking Iran to Stop Its Growing Nuclear Program
President Trump asked senior advisers in an Oval Office meeting on Thursday whether he had options to take action against Iran’s main nuclear site in the coming weeks. The meeting Continue Reading
World’s Biggest Oil Firm Saudi Aramco Kicks Off Bond Sale
Saudi Aramco kicked off a jumbo bond sale Tuesday to help fund a $75 billion dividend, returning to the debt markets for the first time since April of last year. The Continue Reading
What Biden’s Victory Means For Middle East Oil
Whilst new U.S. President-elect, Joe Biden, will almost certainly focus on dealing with the tail of the COVID-19 pandemic and repairing the economic damage to the U.S. that it has Continue Reading
Aramco Turns to Bonds to Help Fund $75 Billion Dividend
Saudi Aramco, the world’s biggest oil company, is set to return to the bond markets for the first time since April of last year as it seeks to fund a Continue Reading
Iraq’s Latest Attempt To Corner Asian Oil Markets
Every new crisis is a formidable opportunity to try new things, oftentimes merely to have another go with methods that have failed in the past but should work better now. Continue Reading
Saudi Arabia Says It Foiled Houthi Attack On Oil Facility
Saudi Arabia has thwarted a planned attack with explosives against an oil products terminal near the border with Yemen, the Kingdom said early on Friday, adding that the attempted attack Continue Reading
Oil Price Crash Costs Saudi Arabia $27.5 Billion In Revenue In 2020
The oil price collapse is depriving Saudi Arabia of US$27.5 billion in oil revenues this year, Saudi Crown Prince Mohammed bin Salman said on Friday, admitting that the current oil Continue Reading