By Anadolu Agency Oil prices increased on Thursday as data showed a rise of 2 million barrels in US crude oil inventories for the week ending June 10. International benchmark Brent crude was trading at $118.89 per barrel at 0600GMT, a 0.32% jump from the previous session’s close of $118.51. American benchmark West Texas Intermediate

EU Commission President Ursula von der Leyen, left, Egyptian Minister of Petroleum Tarek El-Molla, center, and and Israeli Minister of Energy Israel’s Energy Minister Karine Elharrar, celebrate after signing a deal to boost East Mediterranean gas exports to Europe, in Cairo, Egypt, Wednesday, June 15, 2022. (AP Photo/Amr Nabil) By The Associated Press Egypt, Israel

A train moves past oil tanks of the NNK-Primornefteproduct petroleum depot in the far eastern port of Vladivostok, Russia: Credit to Photo Reuters By AFP Russia earned 93 billion euros ($98 billion) from fossil fuel exports during the first 100 days of its war in Ukraine, with most sent to the European Union, according to

By Anadolu Agency The price of Bitcoin on Tuesday dove to its lowest level in 18 months as the sell-off continues in cryptocurrency and global equity markets with fears of recession stemming from the Federal Reserve’s rate hikes. Bitcoin, the world’s largest crypto by market size, saw its price further plummeting to $20,846 at 0200GMT,

By Reuters UK shares fell to their lowest level in more than three weeks on Monday after data showed Britain’s economy unexpectedly shrank in April, adding to worries about a slowdown in growth ahead of a Bank of England policy meeting this week. The blue-chip FTSE 100 index dipped 0.9% and the domestically-focussed mid-cap FTSE

By Anadolu Agency Annual inflation in the US hit 8.6% in May, the highest since December 1981, official data showed on Friday. The figure was above market forecasts of 8.3%. “The increase was broad-based, with the indexes for shelter, gasoline, and food being the largest contributors,” according to the US Bureau of Labor Statistics. Energy

By Anadolu Agency Naftali Bennett is on ‘snap visit’ to Abu Dhabi at invitation of UAE president, says Israeli government statement Israeli Prime Minister Naftali Bennett on Thursday arrived in the United Arab Emirates’ (UAE) capital Abu Dhabi to meet with the country’s President Sheikh Mohammed bin Zayed Al-Nahyan. Bennett is on a “snap visit”

By Anadolu Agency The EU Commission chief said on Tuesday that EU funds will not be disbursed for Poland until the country accomplishes reforms on restoring judicial independence. Ursula von der Leyen spoke in the debate dedicated to the rule of law and the approval of the Polish recovery plan at the European Parliament’s plenary

Kenya’s President Uhuru Kenyatta: Credit to Photo The Associated Press By The African Exponent Political offices in Africa are highly sought after, and many politicians have declared that it is a ‘do-or-die’ battle to be the president of a country. There is a reason for this – and it is not the determination to help

The Minister of Finance of the Federal Government of Somalia, Abdirahman Bayle met with the US Ambassador to Somalia, Larry André. They discussed the state of Somalia’s economic reforms and how to build on the gains made so far. Somalia’s Minister of Finance Bayle said the United States strongly supports the economic reforms that Somalia