Abipartisan group in the US House of Representatives has unanimously voted in favour of a bill that would make sanctions on Iran permanent in an effort to put more pressure on Tehran and prevent it from acquiring nuclear weapons.
Drones attacked Abqaiq facility in Saudi Arabia and the Khurais oil field run by Saudi Aramco early Saturday morning the kingdoms interior ministry said sparking a massive fire at a crude processing plant essential to global oil supplies.
Sen. Rand Paul warns against a needless escalationof war saying that bombing Iran after a recent attack on Saudi Arabian oil facilities would be a big mistake.
The Saudi oil attacks have triggered the steepest petroleum market price surge in 30 years and stoked fears for the global economy. The attacks on Saudi Arabias oil infrastructure led to the biggest jump in global prices since 1988 by wiping out 5.7m barrels of production a day – 5 of the worlds oil supply.
Farmers along Australias normally green eastern coast are reeling from the worst drought they have ever seen and face a tough summer if it doesnt rain in the next few months.
The White House said on Sunday President Donald Trump may still meet his Iranian counterpart Hassan Rouhani despite the US accusing Iran of masterminding drone attacks on Saudi Arabian oil facilities.
Drone attacks claimed by Yemen’s Houthi rebels struck two key oil installations inside Saudi Arabia on Saturday damaging facilities that process the vast majority of the country’s crude output and raising the risk of a disruption in world oil supplies.
It’s primary season which generally means Democratic candidates for President are trying to see who can swing farthest Left. This is especially true when it comes to punishing the oil and gas industry that supplies most of the country’s energy.