Oil prices up on investor euphoria over tight market

By Sibel Morrow Stalled US-Iran talks puts upward pressure on prices, temporarily pausing extra Iranian barrels on market Oil prices rose on Tuesday over bullish market sentiments of a sooner-than-expected demand rebound. International benchmark Brent crude was trading at $75.26 per barrel at 07.29 GMT for a 0.48% increase after closing Monday at $74.90 a

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Saudi agrees to restart Pakistan oil deal to curb Iran influence

Pakistani Prime Minister Imran Khan (L) meets with Saudi Arabian King Salman bin Abdulaziz al-Saud (R) as part of his visit to defuse Saudi-Iran tension in Riyadh, Saudi Arabia on October 15, 2019. [Bandar Algaloud/Saudi Kingdom Council/Handout – Anadolu Agency] Saudi Arabia has agreed to restart oil aid to Pakistan to ‘clear the air’, according

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Saudi Arabia: Police detain thousands of Ethiopians, regardless of documentation

Ethiopian migrants said they witnessed Saudi police break into homes and arrest those found inside (Reuters/file photo) By Zecharias Zelalem Over 10 days, Saudi police have snatched Ethiopian migrants and residents from streets, homes and cafes, often using violence A Saudi police crackdown targeting majority-migrant neighbourhoods has led to the arrests of thousands of Ethiopians

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Princess Latifa: Instagram image appears to show Dubai ruler’s daughter in Spain

A photograph that appears to show Dubai princess Sheika Latifa in Spain. Photograph: shinnybryn/Instagram Princess, who was seized trying to flee the sheikhdom in 2018, has appeared in several social media posts in recent months A Dubai princess who has been the subject of concern from a United Nations panel after being seized trying to

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Ethiopia votes in greatest electoral test yet for Abiy

Ethiopians queue to cast their votes in the general election, next to a national flag, at a polling center in the capital Addis Ababa, Ethiopia, Monday, June 21, 2021. Ethiopia was voting Monday in the greatest electoral test yet for Prime Minister Abiy Ahmed as insecurity and logistical issues meant ballots wouldn’t be cast in

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Dollar holds gains after Fed boost; bitcoin tumbles

Four thousand U.S. dollars are counted out by a banker counting currency at a bank in Westminster, Colorado November 3, 2009. REUTERS/Rick Wilking/File Photo By Iain Withers The dollar held on to the previous week’s gains on Monday after the Fed’s surprise hawkish tilt, while bitcoin tumbled as China stepped up its crackdown on mining

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Iran’s sole nuclear power plant undergoes emergency shutdown

File – In this Oct. 26, 2010 file photo, a worker rides a bicycle in front of the reactor building of the Bushehr nuclear power plant, just outside the southern city of Bushehr. Iran’s sole nuclear power plant has undergone a temporary emergency shutdown, state TV reported on Sunday, June 20, 2021. An official from

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President Farmajo praised fish exported to Ethiopia and received Khat, which effected Somali families-report

Photo/Somali Times The outgoing president Mohamed Abdullahi Farmajo tonight received at the presidential palace members of the Somali cabinet and the manager of the company that exported fish to Ethiopia today, after an agreement was reached between the governments of Somalia and Ethiopia to exchange fish and a drug Somalis use called Khat. President Mohamed

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Airlines, holiday companies ramp up pressure on Britain to ease travel rules

A passenger walks with her luggage at the Terminal 5 departures area at Heathrow Airport in London, Britain, May 17, 2021. REUTERS/John Sibley By Sarah Young LONDON, June 20 (Reuters) – Britain’s airlines and holiday companies are planning a “day of action” on Wednesday to ramp up pressure on the government to ease travel restrictions,

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Kidnapped Nairobi woman rescued alive

The family said the people holding Hafsa had made a ransom demand of Sh5 million or they kill her. The captors sent a video to the family showing Hafsa badly injured on her face and had her eyes covered by a piece of clothe. They sent at least three videos and messages to the family.

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