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The Latest Breaking News from Oil

Global oil prices have slumped, yet petrol price relief is uncertain

The global oil price slump does not necessarily mean you will pay less to fill your tank.

ABC News

Industry cowers as baht dips again

The Federation of Thai Industries (FTI) has warned against further currency depreciation to 37 baht against the US dollar, claiming it would make life more miserable for businesses and households because of higher oil prices.

Bangkok Post

Crispy, cheesy two-ingredient fritters

Inspired by tabbouleh, this recipe only needs a handful of ingredients. The secret is to use them smartly

Salon

From analysis to the latest developments in health,
read the most diverse news in one place.

Oil Minister Says Iraq to Act to Annul Kurdish Oil Deals

Iraq’s oil minister said on Thursday the government will take steps to enforce a recent court decision to annul oil contracts the semiautonomous northern Iraqi Kurdish region made with international companies. The minister, Ihsan Abdul-Jabbar Ismail, told The Associated Press the deals, which circumvent the government in Baghdad, are illegal…

Asharq Al-Awsat

Oil minister says Iraq to act to annul Kurdish oil deals

Iraq's oil minister says the government will take steps to enforce a recent court decision to annul oil contracts in the country's northern Kurdish region

The Independent UK

Oil up $5 as Tight Supply Outweighs Recession Fears

Oil prices surged on Thursday, rebounding from steep losses the previous two sessions, as investors returned their focus to tight supply despite nagging fears of a potential global recession. Brent crude futures were up $5.39, or 5.4%, at $106.08 a barrel by 12:23 p.m. EDT (1623 GMT). US WTI crude…

Asharq Al-Awsat

Ukraine Recap: letter from Kyiv and despatches from the war zone

For the duration of the war in Ukraine, we’ve received regular military updates from Frank Ledwidge, an expert in military strategy at the University of Portsmouth. A few weeks ago Ledwidge got in touch to say that he was moving temporarily to Kyiv, where he is a visiting fellow with…

The Conversation

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US basketball star Griner pleads guilty in Russian drug trial

WNBA player Brittney Griner says she was in a rush to pack and accidentally put cannabis oil in her luggage.

Al Jazeera

Brittney Griner pleads guilty to drug charges in Russian court

WNBA star Brittney Griner pleaded guilty Thursday to controversial drug charges in Russia after she was allegedly caught with cannabis oil in her luggage at a Moscow airport.

Tribune News Service

Brittney Griner Pleads Guilty, Biden Lashes Out Over Her Detention, Russia Calls It 'Hype,' What's Next?

Brittney Griner pleaded guilty to drug charges as her trial continued in a Russian court on Thursday. She admitted to bringing cannabis oil into the country saying she had packed in a hurry and did not intend to break the law.

Benzinga

A blockchain tool that helps track sustainability, from palm oil to plastics

New technology means companies can monitor materials from the start of their production journey to the end of their lifespan

The Guardian - UK

Gardaí issue warning and advice to homeowners after spate of home heating oil thefts

"The position of the tank can have a significant effect on how a thief views how hard a target is."

Irish Mirror

Ukraine war helps push 71 million into poverty due to soaring food and oil prices, UN says

The United Nations Development Programme warns the cost of living impact ‘almost without precedent in a generation’

The Independent UK

How to host a South African braai at home

If these recipes from Peckham favourite Kudu don’t inspire you to travel south of the river once in a while, Hannah Twiggs doesn’t know what will

The Independent UK

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The Independent UK

Three recipes straight from a Spanish home kitchen

Spanish food isn’t all tapas and paella, says Lauren Taylor. These recipes from José Pizarro’s new cookbook, featuring simple, seasonal dishes and memories from his family home, prove it

The Guardian - US

The bitter fight to stop a 2,000-mile carbon pipeline

Three pipeline projects are in early stages of planning in Iowa. An alliance of farmers, Indigenous groups and environmentalists wants to stop them

Asharq Al-Awsat

AD Ports Group, SEG Sign Deals to Develop Logistics, Freight, Food Trading Infrastructure in Uzbekistan

Abu Dhabi Ports Group launched a joint venture with SEG, one of Uzbekistan's largest oil and gas companies, to open new logistics and freight businesses. They also signed a Memorandum of Understanding (MoU) to develop a food trading hub in Uzbekistan. During a ceremony in Tashkent, the two companies signed…

Al Jazeera

Biden struggles to define agenda ahead of visit to Saudi Arabia

US president says Arab normalisation with Israel and other regional issues are driving his upcoming trip to the kingdom.

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The Independent UK

Australia drops charge against lawyer over spying claim

Australia’s new government has dropped the 4-year-old prosecution of a lawyer over his alleged attempt to help East Timor prove Australia spied on it during multibillion-dollar oil and gas negotiations

The Guardian - AU

Conservatives blame the energy crisis on net zero climate goals – but what is really going on?

A range of factors is behind the rise in electricity prices, but net zero isn’t one of them

The Independent UK

Asian stocks higher after Fed says rate hikes may be needed

Asian stock markets are higher after the Federal Reserve said more U.S. interest rate hikes might be needed to cool inflation

Al Jazeera

Asian stocks higher after US Fed signals more rate hikes

Markets in Shanghai, Tokyo and Sydney rise after Fed meeting flags possibility of “even more restrictive stance”.

The Guardian - AU

Australian fossil fuel megaprojects at risk from record high global gas prices

Experts warn of ‘permanent demand destruction’ for gas but say conditions are ideal for a structural shift to renewable energy

Bangkok Post

Producers keep eye on sales amid rising costs

Higher energy prices have driven up production costs by 20%, but manufacturers managed to increase goods prices by less than 10% as they struggle to maintain sales volume, according to the latest poll conducted by the Federation of Thai Industries (FTI).

The Hindu

Oil carrier develops leak in fuel tank inside Chennai Port

The empty carrier had arrived from Sri Lanka

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