DUBAI (Reuters) – Saudi Arabia registered a deficit of 109.2 billion riyals ($ 29.12 billion) in the second quarter of this year as low oil prices hurt revenue, a report by the Ministry of Finance released Tuesday. FILE PHOTO: A Saudi flag flies over the Saudi Arabian consulate in Istanbul, …
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DUBAI (Reuters) – Iran moved a model aircraft carrier from the US to the strategic Strait of Hormuz, satellite images show, suggesting it will use the similar ship for war games shooting practice on a navigation channel in the Gulf vital to world oil exports The restored Iranian model aircraft …
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AMMAN (Reuters) – Syrian businessman Rami Makhlouf revealed Sunday that he had established a network of companies off the coast to help President Bashar al-Assad evade Western sanctions, in a social media post criticizing the government for investigating your business empire. FILE PHOTO: Syrian President Bashar al-Assad addresses the government …
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BEIJING (Reuters) – China’s crude oil imports from Saudi Arabia increased 15% in June from a year ago, as refineries ordered record volumes of fuel in March and April when oil prices fell, solidifying the position of the kingdom as the main supplier of oil to China. FILE PHOTO: An …
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GALVESTON, Texas (Reuters) – Hurricane Hanna winds hit the southern Texas coast early Sunday morning, leaving thousands of people without power before it was downgraded to a tropical storm that was still threatening flash flooding in the area that is already had been severely affected by COVID-19 infections. FILE PHOTO: …
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