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Saudi oil attacks came from southwest Iran, U.S. official says, raising tensions

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WASHINGTON/DUBAI (Reuters) – The United States believes the attacks that crippled Saudi Arabian oil facilities last weekend originated in southwestern Iran, a U.S. official told Reuters on Tuesday, an assessment that further increases tension in the Middle East. Three officials, speaking to Reuters on condition of anonymity, said the attacks involved both cruise missiles and Read More

Official says U.S. believes Saudi attacks came from southwest Iran

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WASHINGTON/DUBAI (Reuters) – The United States believes the attacks that crippled Saudi Arabian oil facilities last weekend originated in southwestern Iran, a U.S. official told Reuters on Tuesday, giving an assessment that further increases tension in the Middle East. Three officials, speaking to Reuters on condition of anonymity, said the attacks involved both cruise missiles Read More

‘Tremendous concern’: Jordan’s King Abdullah says Israel annexing settlements would be ‘disaster’

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The King of Jordan has come out harshly against any Israeli plans to annex new territory in the West Bank, predicting a “disaster” for what remains of the peace process with the Palestinians, and for a two-state solution. Speaking at a press conference in Berlin on Tuesday following a meeting with German Chancellor Angela Merkel, Read More

Feature: IMO 2020 mandate creates Singapore-Fujairah arbitrage for LSFO

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Singapore — The fuel oil market has started to see International Maritime Organization-compliant marine fuel being shipped from Singapore to Fujairah, several market participants told S&P Global Platts, confirming expectations of imminent changes to global trade flows for residual fuels going into 2020. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Read More

Amazon starts hiring own drivers in German last-mile delivery push

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MANNHEIM, Germany (Reuters) – Amazon has begun hiring its own drivers in Germany and plans to open 11 more distribution centers to expand its delivery business in its second biggest market, the firm’s German logistics chief said in an interview. An outside view of an Amazon logistics centre in Mannheim, Germany, September 17, 2019. REUTERS/Ralph Read More

Saudi oil output to recover in two or three weeks after attack: sources

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LONDON/DUBAI (Reuters) – Saudi Arabia sought to calm markets on Tuesday after an attack on its oil facilities, with sources in the kingdom saying output was recovering much more quickly than initially forecast and could be fully back in two or three weeks. A satellite image showing damage to oil/gas Saudi Aramco infrastructure at Abqaiq, Read More

Iran rules out talks as Trump blames Tehran for Saudi oil attack

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DUBAI/WASHINGTON (Reuters) – Iran’s supreme leader on Tuesday ruled out talks with Washington after President Donald Trump blamed Tehran for a crippling attack on Saudi Arabia’s oil facilities. Iran’s Supreme Leader Ayatollah Ali Khamenei gives a speech to a group of scholars and seminary students of religious sciences in Tehran, Iran September 17, 2019. Official Read More

No need yet to abandon German balanced budget over climate plan: finance minister

2 days ago DieselGasoil Comments Off on No need yet to abandon German balanced budget over climate plan: finance minister
BERLIN (Reuters) – The German government has other potential options for funding a planned climate package before it need consider sacrificing its “black zero” balanced-budget policy, Finance Minister Olaf Scholz said on Monday. German Finance Minister Olaf Scholz talks to media before the informal meeting of ministers for economic and financial affairs (ECOFIN) and Eurogroup Read More

Iraqi-German men walk free despite stabbing of cop during family fight at back-to-school event

2 days ago DieselGasoil Comments Off on Iraqi-German men walk free despite stabbing of cop during family fight at back-to-school event
A group of Iraqi-German adults broke into a violent brawl at a back-to-school gathering in a German town. 18 police crews attended the scene and one got stabbed, but three arrested culprits were then allowed to walk free. Schoolchildren in the university town of Heidelberg went through a traumatic experience on Friday, when their Einschulung Read More

German Finance Minister sees no need yet to abandon balanced budget over climate plan

2 days ago DieselGasoil Comments Off on German Finance Minister sees no need yet to abandon balanced budget over climate plan
German Finance Minister Olaf Scholz talks to media before the informal meeting of ministers for economic and financial affairs (ECOFIN) and Eurogroup in Helsinki, Finland, 13 September 2019. Lehtikuva/Martti Kainulainen via REUTERS BERLIN (Reuters) – The German government has enough other options to consider for funding a planned climate package before it needs to discuss Read More