16 AGs urge Biden to reinstate Keystone XL pipeline

Sixteen Republican attorneys general, led by Montana Attorney General Austin Knudsen, have called on President Joe Biden to reinstate the permit for the Keystone XL pipeline after learning that his administration wants to increase oil imports from Canada.

Read More

Dallas Fed: Global recession ‘seems unavoidable’ if Russian sanctions continue

The Dallas Federal Reserve is warning that ongoing sanctions against Russia will lead to a global recession.

Read More

US targets Iran missile program with sanctions after strikes on regional rivals

The United States on Wednesday announced sanctions against Iranian defense companies after a spate of ballistic missile attacks on targets in Iraq, Saudi Arabia, and the United Arab Emirates.

Read More

Announcing permanent regional forum, Israel, Arab states laud alliance, decry terror

At their historic summit in the Israeli Negev town of Sde Boker on Monday, the top diplomats of Israel, the US and four Arab nations announced that the conference would be the first iteration of a permanent regional forum, as they reaffirmed the import…

Read More

Saudi-led coalition strikes Yemeni capital after attack by Iran-backed Houthi rebels

The Saudi-led coalition carried out airstrikes in Yemen early on Sunday after the country’s Houthi rebels called a three-day truce and offered a permanent ceasefire, Saudi media said.

Read More

Saudi Arabia Considers Accepting Yuan Instead of Dollars for Chinese Oil Sales

Saudi Arabia is in active talks with Beijing to price some of its oil sales to China in yuan, people familiar with the matter said, a move that would dent the U.S. dollar’s dominance of the global petroleum market and mark another shift by the world’s …

Read More