Collapse of OPEC talks blows hole in Russian-Saudi alliance

Business Mar 7, 2020

Collapse of OPEC talks blows hole in Russian-Saudi alliance

OPEC talks with Russia have ended in dramatic failure, auguring the end of a diplomatic alliance between Riyadh and Moscow that has underpinned crude prices and changed the balance of power in the Middle East. Brent crude, the global benchmark, plunged the most in more ...

Anti-pipeline protests derail Trudeau's trip to Barbados

World Feb 17, 2020

Anti-pipeline protests derail Trudeau's trip to Barbados

Canadian Prime Minister Justin Trudeau has canceled his planned trip to Barbados for a regional conference to help resolve widespread rail disruptions caused by indigenous rights activists opposing the construction of a natural gas pipeline, his office said Sunday. Indigenous communities across Canada have been ...

Business Jan 9, 2020

Japan pump price reaches ¥150 yen for first time in 7 months

The average retail price of regular gasoline exceeded ¥150 per liter this week for the first time in about seven months, and is expected to rise further next week amid escalating tensions between the United States and Iran. The average price rose ¥1.30 from Dec. ...

Turkey-Libya maritime EEZ deal rattles eastern Mediterranean

Business Dec 26, 2019

Turkey-Libya maritime EEZ deal rattles eastern Mediterranean

Turkish President Recep Tayyip Erdogan paid a surprise visit to Tunisia on Wednesday to discuss cooperation for a possible cease-fire in neighboring Libya, where Ankara supports the internationally recognized government. The visit comes after Turkey signed an accord with Libya's internationally recognized government last month ...

Trump approves sanctions over Russia-Europe gas pipeline

World Dec 21, 2019

Trump approves sanctions over Russia-Europe gas pipeline

President Donald Trump on Friday signed off on U.S. sanctions against companies building a Russian natural gas pipeline to Germany that Congress fears will give the Kremlin dangerous leverage over European allies. The sanctions, which are opposed by the European Union, were included in a ...