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U.S. to announce end to Iran sanctions waivers, oil prices spike

8 hours ago DieselGasoil Comments Off on U.S. to announce end to Iran sanctions waivers, oil prices spike
WASHINGTON/SINGAPORE (Reuters) – The United States is expected to announce on Monday that all buyers of Iranian oil will have to end their imports shortly or face sanctions, a source familiar with the situation told Reuters, triggering about a 3 percent rise in crude prices. FILE PHOTO: Gas flares from an oil production platform at Read More

Beware of the bomber biker! Indian intelligence warns of possible suicide attacks during elections

2 days ago DieselGasoil Comments Off on Beware of the bomber biker! Indian intelligence warns of possible suicide attacks during elections
Indian intelligence agencies have reportedly raised the alarm level in Jammu and Kashmir warning that suicide bombers could use motorcycles to stage attacks in the Indian state during the ongoing general election. “The fidayeen attackers could be riding a motorcycle with explosive-filled bags fitted on both sides,” intelligence agencies reportedly warned regional authorities, according Read More

BP, partners sanction $6 billion Azeri Central East development offshore Azerbaijan

3 days ago DieselGasoil Comments Off on BP, partners sanction $6 billion Azeri Central East development offshore Azerbaijan
4/19/2019 Photo: BP operated Central Azeri platform in the Azerbaijan sector of the Caspian Sea. LONDON — BP and partners have sanctioned the Azeri Central East (ACE) project, the next stage of development of the giant Azeri-Chirag-Deepwater Gunashli (ACG) oilfield complex in the Azerbaijan sector of the Caspian Sea. The $6 billion development includes a Read More

New North American trade deal modestly boosts U.S. economy, trade panel finds

4 days ago DieselGasoil Comments Off on New North American trade deal modestly boosts U.S. economy, trade panel finds
WASHINGTON (Reuters) – The new North American free trade pact would modestly boost the U.S. economy, especially auto parts production, but may curb vehicle assembly and limit consumer choice in cars, a hotly anticipated analysis from the U.S. International Trade Commission showed on Thursday. FILE PHOTO: U.S. President Donald Trump, Canada’s Prime Minister Justin Trudeau Read More

U.S. lawmakers to get long-awaited analysis of new NAFTA deal

4 days ago DieselGasoil Comments Off on U.S. lawmakers to get long-awaited analysis of new NAFTA deal
(Reuters) – U.S. lawmakers and economists are awaiting a key analysis of the economic impacts of the new North American trade deal, expected to be published late on Thursday and to show minimal gains at best for the United States. FILE PHOTO: Flags are pictured during the fifth round of NAFTA talks involving the United Read More

BRICS bank to invest in infrastructure projects in Brazil

4 days ago DieselGasoil Comments Off on BRICS bank to invest in infrastructure projects in Brazil
Investment worth $621 million will be provided by BRICS New Development Bank (NDB) to Brazil, according to the Institute for Applied Economic Research (Ipea). It said the bank has approved Brazilian projects on renewable energy, road building, railway construction, sanitation, telecommunications and an oil Refinery. NDB has also plans to launch its Americas Regional Office Read More

Iran’s army doesn’t threaten regional powers but stands firm against ‘invaders’ – Rouhani

4 days ago DieselGasoil Comments Off on Iran’s army doesn’t threaten regional powers but stands firm against ‘invaders’ – Rouhani
Iran’s military poses no threat to its neighbors, as their only mission is to fend off “invaders,” President Hassan Rouhani said as the country celebrates National Army Day. “I want to tell the regional countries that the armed forces of the Islamic Republic of Iran are not against you and your national interests. They stand Read More

Trump team readies PR offensive on North America trade deal’s economic effects

5 days ago DieselGasoil Comments Off on Trump team readies PR offensive on North America trade deal’s economic effects
WASHINGTON (Reuters) – The Trump administration is readying a public relations offensive over the economic impact of its new North American trade deal to counter a crucial report expected on Thursday that economists see as likely to show minimal gains at best. FILE PHOTO: U.S. President Donald Trump, Canada’s Prime Minister Justin Trudeau and Mexico’s Read More

Ex Peruvian president dies after shooting himself in the head moments before arrest

5 days ago DieselGasoil Comments Off on Ex Peruvian president dies after shooting himself in the head moments before arrest
Former Peruvian President Alan Garcia has died after shooting himself in the head as police arrived at his home to arrest him. The ex-president was rushed to hospital, but doctors could not save him. As police officers knocked on his door on Wednesday morning, Garcia shut himself in his room and shot himself in the Read More