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EGF
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Wednesday 4 June 2025

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Context
News Oil rises as Kuwaiti strike cuts output for third day

Oil prices jumped more than 3 percent on Tuesday after a strike by workers in Kuwait nearly halved the OPEC member's crude production, overshadowing bearish sentiment after Sunday's failure by producers to agree to freeze output levels.

  • April 19, 2016
News China, major producers fail to reach deal over steel

China and other major steel-producing countries failed on Monday to agree measures to tackle a global steel crisis as the sides argued over the causes of overcapacity and whether Beijing is keeping loss-making producers afloat.

  • April 18, 2016
News Putin, Obama agree to enhance coordination on Syria: Kremlin

Russian President Vladimir Putin and U.S. President Barack Obama agreed on Monday to continue building closer coordination on Syria, including through their intelligence services and defense ministries, the Kremlin said.

  • April 18, 2016
News 'Putin's Bridge' edges closer to annexed Crimea despite delays

A crumbling nineteenth century fortress perched on the edge of a cape in Russian-annexed Crimea is drawing locals to gaze at what some are calling Putin's Bridge: a nascent super structure that will link the peninsula to Russia.

  • April 18, 2016
News Iran shows off Russian S-300 defense system on Army Day

Iran showed off parts of its new Russian S-300 missile defense system during National Army Day on Sunday, where President Hassan Rouhani said the country's armed forces were no threat to neighboring countries.

  • April 17, 2016
News China launches upgraded drills for South China Sea fleets

China's South China Sea fleets have conducted training drills with upgraded methods that resemble actual combat conditions to increase the fleets' combat effectiveness, according to an article published by the PLA Daily on Sunday.

  • April 17, 2016
News Saudi-Iran tensions scupper deal to freeze oil output

A deal to freeze oil output by OPEC and non-OPEC producers fell apart on Sunday after Saudi Arabia demanded that Iran join in despite calls on Riyadh to save the agreement and help prop up crude prices.

  • April 17, 2016
News Iran's Soleimani in Russia for talks on Syria, missiles: sources

Iranian Major General Qassem Soleimani has flouted an international travel ban and flown to Moscow for talks with Russia's military and political leadership on Syria and deliveries of Russian missiles, sources said on Friday.

  • April 15, 2016
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