President Biden's administration is expected to propose a limited plan for expanding oil drilling in Alaska in the coming days, relenting on its longtime opposition to domestic oil production.The … [Read more...] about Biden admin relents, expected to approve oil drilling permits in Alaska: Report
fox-news/world/world-regions/saudi-arabia
Saudi nurse breaks down as he’s forced to refuse son’s hug after work
Get all the latest news on coronavirus and more delivered daily to your inbox. Sign up here.A video recorded in Saudi Arabia perfectly captures the emotional toll of the coronavirus. In the … [Read more...] about Saudi nurse breaks down as he’s forced to refuse son’s hug after work
Trump: Will intervene in Russian-Saudi oil dispute ‘at the appropriate time’
President Trump on Thursday said he would get involved in oil price wars between Saudi Arabia and Russia “at the appropriate time,” adding that low gasoline prices were good for consumers even as they … [Read more...] about Trump: Will intervene in Russian-Saudi oil dispute ‘at the appropriate time’
Trump: Will intervene in Russian-Saudi oil dispute ‘at the appropriate time’
President Trump on Thursday said he would get involved in oil price wars between Saudi Arabia and Russia “at the appropriate time,” adding that low gasoline prices were good for consumers even as they … [Read more...] about Trump: Will intervene in Russian-Saudi oil dispute ‘at the appropriate time’
Iran’s coronavirus death toll tops 600 as Middle Eastern countries step up containment measures
Iran's coronavirus cover-upIran has the fourth-highest death toll from coronavirus in the world but many analysts suspect the numbers of cases and deaths are much higher than the country is willing to … [Read more...] about Iran’s coronavirus death toll tops 600 as Middle Eastern countries step up containment measures
Iran hit hardest as oil price war, cornavirus cripples nation
The one-two punch of coronavirus and an escalating oil price war that is roiling world markets is hurting one country more than any other: Iran.Already dealing with a deadly outbreak, the Islamic … [Read more...] about Iran hit hardest as oil price war, cornavirus cripples nation
Russia and Saudi Arabia spark unprecedented oil war amid coronavirus threats
As the global economy battles shaky terrain, triggered by the multiplying threat of coronavirus (officially known as COVID-19) that has left the oil industry in oversupply, Saudi Arabia and Russia … [Read more...] about Russia and Saudi Arabia spark unprecedented oil war amid coronavirus threats
What is an OPEC price war?
A failed agreement between Russia and the Organization of the Petroleum Exporting Countries (OPEC), as well as lack of demand amid the coronavirus, caused oil prices to plunge over the weekend.Oil … [Read more...] about What is an OPEC price war?
Oil plunges 25 percent, markets sink as Russia-Saudi Arabia feud threatens coronavirus-weakened economy
Oil prices were plunging by nearly 25 percent late Sunday, triggering broader global market losses, as a dispute among producers could lead an economy already weakened by coronavirus facing a major … [Read more...] about Oil plunges 25 percent, markets sink as Russia-Saudi Arabia feud threatens coronavirus-weakened economy
Saudi Arabia arrests 3 members of royal family in alleged coup plot
Saudi Arabia has detained the younger brother of King Salman and two other members of the royal family on charges of planning a coup, according to reports.Two of the men were among the kingdom's most … [Read more...] about Saudi Arabia arrests 3 members of royal family in alleged coup plot