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Tag: oil

How the Russian Oil Price Cap Will Work

How the Russian Oil Price Cap Will Work NEW YORK (Information-Wars.com) — Last week’s bold announcement by the G-7 of a price cap on purchases of Russian oil has met with skepticism and ridicule from media commentators and pundits. Following months of planning, the oil price cap is a bid to limit the Kremlin’s earnings on exports of its most important commodity and reduce financial…

Is there any hope of an end to Yemen’s war? | The Stream

In this episode of The Stream, we’ll look at the latest developments in three countries. Yemen’s prospects for peace UN special envoy to Yemen Hans Grundberg says things are moving “in the right direction” in an eight-year war that has left millions of people facing life-threatening hunger, after the country’s internationally-recognised government and opposition Houthi leaders each agreed to release hundreds of detainees. The prisoner exchange deal…

Iran's president to visit China for economic cooperation

Iranian President Ebrahim Raisi is heading to China for a three-day visit aimed at strengthening economic ties. China is Iran’s largest trade partner and the biggest customer for Iranian oil. Al Jazeera’s Dorsa Jabbari reports from Tehran, Iran. – Subscribe to our channel: http://aje.io/AJSubscribe – Follow us on Twitter: https://twitter.com/AJEnglish – Find us on Facebook: https://www.facebook.com/aljazeera – Check our website: https://www.aljazeera.com/ @AljazeeraEnglish #Aljazeeraenglish #News #Iran…

Goldman Sachs predicts imminent oil price surge

Sanctions on Russia, along with insufficient investment into production, will cause a “serious problem” next year, a top analyst has warned Oil will soar back above $100 a barrel this year, while dwindling global output and declining production in Russia due to Western sanctions may lead to supply problems in 2024, Goldman Sachs has warned. According to the Wall Street bank’s top commodity analyst Jeffrey…

Lebanon-Israel maritime deal paves way for oil & gas exploration

Israel and Lebanon have officially approved a historic United States-brokered agreement laying out their maritime boundary for the first time, which opens up the possibility for both countries to conduct offshore energy exploration. Lebanon’s President Michel Aoun signed a letter at the presidential palace on Thursday morning that will be submitted to US officials at Lebanon’s southernmost border point of Naqoura later in the day….

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