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  • Oil prices on track for weekly gain amid high U.S. demand

    Oil rose on Friday and was on track for another weekly gain supported by solid fuel demand in the United States, although fresh COVID-19 alerts in Shanghai and Beijing curbed gains. Brent crude was up 98 cents, or 0.8%, at $124.05 a barrel at 1153 GMT and U.S. West Texas Intermediate crude rose 82 cents, or 0.7%, to $122.33 a barrel.

  • Russia Seeks Buyers for Plundered Ukraine Grain, U.S. Warns

    American diplomats have alerted 14 countries, most in Africa, that Russian ships filled with stolen Ukrainian grain could be headed their way, posing a dilemma to countries facing dire food shortages.

  • How a battery shortage is hampering the U.S. switch to wind, solar power

    U.S. renewable energy developers have delayed or scrapped several big battery projects meant to store electrical power on the grid in recent months, scuttling plans to replace fossil fuels with wind and solar energy. At least a dozen storage projects meant to support growing renewable energy supplies have been postponed, canceled or renegotiated as labor and transport bottlenecks, soaring minerals prices, and competition from the electric vehicle industry crimp supply.

  • U.S. Fails to Assess Civilian Deaths in Yemen War, Internal Report Says

    The report spans the Obama, Trump and Biden administrations, covering the period from 2015, when the war against the Houthis began, to 2021. It is the second major report by a U.S. agency that lays out government shortcomings in preventing civilian casualties in Yemen. In August 2020, the State Department inspector general issued a report that said the department had failed to take proper measures to reduce civilian deaths.

  • Democrats urge Biden to “recalibrate” U.S.-Saudi relationship

    The letter was signed by Democratic Reps. Adam Schiff, who chairs the House Intelligence Committee; Gregory Meeks, who chairs the House Foreign Affairs Committee; Adam Smith, who chairs the House Armed Services Committee, Carolyn Maloney, who chairs the House Committee on Oversight and Reform; Bennie Thompson, who chairs the Homeland Security Committee; and Stephen Lynch, who chairs the Subcommittee on National Security on the House Committee on Oversight and Reform.

  • Two Saudi delegations to visit U.S. as ties improve

    The first delegation is expected to visit Washington on June 15 and will be led by Saudi Minister of Commerce Majid bin Abdullah al-Qasabi. The second, led by Investment Minister Khaled Al-Falih, is planned by the end of the month, two officials said.

  • Two Saudi delegations to visit U.S. as ties improve

    The first delegation is expected to visit Washington on June 15 and will be led by Saudi Minister of Commerce Majid bin Abdullah al-Qasabi. The second, led by Investment Minister Khaled Al-Falih, is planned by the end of the month, two officials said.

  • Syria army should use air defences against Turkish invasion, U.S.-backed force says

    The U.S.-backed Syrian Democratic Forces would coordinate with Syrian government troops to fend off any Turkish invasion of the north, the SDF commander told Reuters on Sunday, saying Damascus should use its air defence systems against Turkish planes. Ankara has vowed a new offensive on swathes of northern Syria controlled by the SDF, a Kurdish-led alliance that is spearheaded by the Kurdish People's Protection Units (YPG).

  • Commentary: Improving the U.S.-Saudi Relationship Is Key to Stabilizing Oil Markets

    During the Cold War, Saudi Arabia was the most dependable U.S. ally in the Arab world, a partner that shared an interest in limiting Soviet oil revenues. Today the Saudi-Russian energy alliance is a pragmatic partnership providing concrete economic benefits to both sides. In geopolitical terms, their alliance’s obvious success represents a significant net decrease in the ability of the Western powers to rely upon the Saudis and their Gulf allies in a time of crisis.

  • Two Saudi delegations to visit U.S. as ties improve

    The first delegation is expected to visit Washington on June 15 and will be led by Saudi Minister of Commerce Majid bin Abdullah al-Qasabi. The second, led by Investment Minister Khaled Al-Falih, is planned by the end of the month, two officials said.