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  • U.S. Oil Companies Lag Far Behind Greener Europe Rivals: Green Insight

    Europe’s largest oil and gas companies are leaving U.S. rivals further and further behind in the race to cut their reliance on fossil-fuel sales. Total SE, Galp Energia SGPS SA, Equinor ASA, Royal Dutch Shell Plc and Eni SpA are leading the pack, while Exxon Mobil Corp. and Chevron Corp. are among the laggards, according to newly released climate-transition scores from BloombergNEF and Bloomberg Intelligence.

  • Khamenei says U.S. promises have no credibility for Iran

    The United States and the other Western powers that signed up to the 2015 deal appear to be at odds with Tehran over which side should return to the accord first, making it unlikely that U.S. sanctions which have crippled Iran’s economy can be quickly removed.

  • Cyberterrorism Tops List of 11 Potential Threats to U.S.

    As the Biden administration continues to explore how it will respond to Russia's large-scale cyberattack against U.S. companies and federal agencies last year, 82% of Americans say cyberterrorism is a "critical threat" to the vital interests of the U.S. over the next decade.

  • Defense Secretary Lloyd Austin in Afghanistan as deadline to withdraw U.S. troops looms

    Austin told reporters traveling with him in Kabul that senior U.S. officials want to see “a responsible end to this conflict” and “a transition to something else.” “There’s always going to be concerns about things one way or the other, but I think there is a lot of energy focused on doing what is necessary to bring about a responsible end and a negotiated settlement to the war,” Austin said.

  • Biden weighs keeping U.S. troops in Afghanistan until November

    The military has presented several options, including pulling troops out by or close to May 1, keeping troops in the country indefinitely or keeping troops in Afghanistan for a defined period to be determined by Biden, which could include a six-month extension, said a second person familiar with the matter.

  • Iran’s Zarif says time running out for U.S. to revive nuclear deal

    Speaking at the European Policy Centre think tank, Zarif repeated Tehran’s longstanding demand that Washington return first to compliance by lifting sanctions.

  • U.S. dominates global arms sales, with Saudi Arabia the top customer

    The U.S. accounted for 37% of all global arms exports over the last five years, with Saudi Arabia — easily the world’s top arms buyer — accounting for one-quarter of those sales, according to new data from the Stockholm International Peace Research Institute.

  • UAE Sheikh Lays Claim to Oil Cargo U.S. Says Is From Iran

    A company controlled by the Emirate of Fujairah’s ruler told a U.S. court that the roughly 2 million barrels of crude was originally from Iraq. Fujairah International Oil & Gas Corp., wholly owned by Sheikh Hamad bin Mohammed Al Sharqi, said it’s an intermediary seller of the oil, according to a claim filed in a federal court in the District of Columbia.

  • U.S. becomes India’s second biggest oil supplier, Saudi plunges to No. 4

    The United States overtook Saudi Arabia as India’s second biggest oil supplier after Iraq last month, as refiners boosted cheaper U.S. crude purchases to record levels to offset OPEC+ supply cuts, data from trade sources showed.

  • The Giants of U.S. Shale Are Proving OPEC Right With Discipline

    A round-up of data on shale drillers shows they’re sticking to their pledge to cut costs, return money to shareholders and reduce debt. If they stay the course, it would validate the OPEC+ alliance’s high-stakes wager that it can curb output and drive crude prices higher without unleashing an onslaught of supply from U.S. rivals.