Oil down 3% after Trump gets coronavirus and economies wobble
Oil prices fell 3% on Friday after U.S. President Donald Trump tested positive for COVID-19, roiling risky assets, and as rising global crude output threatens to overwhelm the market’s weak recovery.
Russia, Iran concerned about Syrian and Libyan fighters in Nagorno-Karabakh - Moscow
Russian Foreign Minister Sergei Lavrov and his Iranian counterpart Mohammad Javad Zarif talked by phone on Friday and expressed concern over the involvement of Syrian and Libyan fighters in the Nagorno-Karabakh conflict, Russia’s foreign ministry said.
Britain is part of 'arc of instability' around the EU, chairman says
Brexit Britain is part of an “arc of instability” that has emerged around the European Union, the bloc’s chairman said on Monday, ranking London’s decision to leave the EU along with threats from Turkey, Russia, Libya and Syria.
Turkey's Erdogan says Armenia must withdraw from Azeri lands
Turkish President Tayyip Erdogan said on Monday Armenia must immediately withdraw from territory he said it was occupying in Azerbaijan, and it was time to end a crisis over the breakaway region after clashes between Azeri and Armenian forces.
Hungary's Orban says EU should reverse Russia sanctions, not push Cyprus on Belarus
The European Union should reverse its sanctions on Russia, Hungarian Prime Minister Viktor Orban told Reuters on Friday, as he pushed for a resumption of trade with Moscow and a European army that would restrain the Kremlin’s might.
Top shipping insurance group will not cover ships linked to Nord Stream 2
The world’s largest group of shipping insurers will not insure vessels involved in the Russian-led Nord Stream 2 and TurkStream gas pipeline projects because of the threat of U.S. sanctions.
Lukashenko abruptly sworn in, Belarus opposition calls for more protests
Ignoring calls for an end to his 26-year grip on power, President Alexander Lukashenko of Belarus was sworn in for a sixth term on Wednesday after an election that the opposition and several foreign governments say was rigged.
Russia's Gazprom Neft sees oil demand returning to pre-crisis levels in second-half 2021
The chief executive of Russian oil producer Gazprom Neft SIBN.MM said he expects global oil consumption to return to pre-crisis level in the second half of 2021, slightly later than the energy ministry's forecast for the second quarter.
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