ISFAHAN, IRAN – MARCH 30: A worker walks inside a uranium bomb shelter near Isfahan, one … [+] of the facilities at the heart of Iran’s nuclear program. Getty Images Since Trump pulled the United States out of the Iran Nuclear Deal, the other signatories to the Deal have been …
Read More »Safe bet? Sovereign wealth funds once considered reliable real estate
LONDON (Reuters) – The COVID-19 pandemic has forced sovereign wealth funds to make it rather unthinkable. FILEFOTO: Empty offices are seen as the spread of coronavirus (COVID-19) disease continues, in London, UK March 19, 2020. REUTERS / Simon Dawson With leading office blocks lying empty around the world, hotels half …
Read More »Saudi Arabia’s crude oil exports fell in June
The world’s top oil importer, Saudi Arabia, saw its crude oil exports drop to a record low of just under 5 million barrels per day (bpd) in June, as the de facto leader of OPEC’s efforts led the OPEC + group to maintain a record amount of raw material from …
Read More »Saudi Prince: Palestinian state before normalizing Israeli ties | Saudi Arabia News
Saudi Arabia’s award for normalizing relations with Israel is the establishment of a sovereign Palestinian state with Jerusalem as its capital, a former member of the Saudi royal family confirmed on Friday. Prince Turki al-Faisal apparently reacted to US President Donald Trump on Wednesday saying he expected Saudi Arabia to …
Read More »Saudi Arabia refuses to learn from its two failed oil price wars
After failing to achieve the slightest semblance of success in the two oil price wars it started – the first runs from 2014 to 2016, and the second runs from early March to effectively the end of April this year – one could assume that important lessons may have been …
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