OPEC+oil output cut shows widening rift between Biden, Saudi royals
WASHINGTON/LONDON, Oct 08 (Reuters): The OPEC+ organisation's decision this week to cut oil production despite stiff US opposition has further strained already tense relations between President Joe Biden's White House and Saudi Arabia's royal family, once one of Washington's staunchest Middle East allies, according to interviews with about a dozen...
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SCB chairman to join ASA, GSA annual meeting in Thailand
Md. Rezaul KarimMd. Rezaul Karim, Chairman, Shippers' Council of Bangladesh (SCB) and Vice- Chairman, Asian Shippers' Alliance, leaves for Thailand today (Sunday) to attend the Asian Shippers' Alliance (ASA) and Global Shippers' Alliance (GSA) Annual Meeting scheduled for October 10-12 in Bangkok, says a press release.The Thai National Shippers'...
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Britain downplays threat of winter energy blackouts
LONDON, Oct 8 (AFP): Britain on Friday downplayed a warning of energy blackouts this winter as the Ukraine war hits gas imports.Households face possible rolling three-hour power cuts if imports run extremely low, the nation's power operator National Grid warned Thursday in a worst-case scenario.The threat of winter blackouts, similar...
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Canada's exports fall in August as crude prices drag
OTTAWA, Oct 08 (Reuters): Canada's exports fell 2.9 per cent in August, largely driven by lower crude oil prices, while imports fell 1.7 per cent, resulting in the smallest trade surplus of the year, Statistics Canada said on Wednesday.The country's trade surplus with the world narrowed to C$1.52 billion ($1.12...
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