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UAE refuses to accuse any nation of tanker attacks without ‘proof’ as US points finger at Iran

19 mins ago DieselGasoil Comments Off on UAE refuses to accuse any nation of tanker attacks without ‘proof’ as US points finger at Iran
The United Arab Emirates would not back US accusations that Iran was responsible for attacks on four oil tankers off the UAE coast because it would need “scientifically confirmed” evidence to do so, its foreign minister said. “We cannot accuse any nation at the moment because we don’t have indisputable proof,” Sheikh Abdullah bin Zayed Read More

G20 to aim for consensus on energy security amid Middle East tensions: Japan’s Abe

4 hours ago DieselGasoil Comments Off on G20 to aim for consensus on energy security amid Middle East tensions: Japan’s Abe
Tokyo — The G20 will aim to reach a consensus on energy security during the leaders’ summit meetings later this week in Osaka, Japan, amid rising tensions in the Middle East, Japanese Prime Minister Shinzo Abe said Wednesday. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now “The peace and Read More

UAE seeks to secure energy supplies, defuse Middle East tensions: ADNOC CEO

1 day ago DieselGasoil Comments Off on UAE seeks to secure energy supplies, defuse Middle East tensions: ADNOC CEO
London — The UAE will cooperate with its allies to tamp down rising tensions in the Middle East and ensure secure energy shipments in the world’s largest oil producing region, the head of Abu Dhabi’s state-owned oil company said Tuesday. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now “The Read More

Politicians need to move fast as Facebook & Co move into finance: BIS

1 day ago DieselGasoil Comments Off on Politicians need to move fast as Facebook & Co move into finance: BIS
LONDON (Reuters) – Politicians need to quickly coordinate regulatory responses to new risks from technology companies like Facebook moving into finance, though banks won’t be squeezed out anytime soon, the Bank for International Settlements (BIS) said on Sunday. FILE PHOTO: Small toy figures stand on representations of virtual currency in front of the Facebook logo Read More

Trump threatens to lessen US security role in Strait of Hormuz, unveils sanctions

2 days ago DieselGasoil Comments Off on Trump threatens to lessen US security role in Strait of Hormuz, unveils sanctions
Highlights In tweet, Trump signals change to 40-year-old maritime security doctrine Analyst sees move as a negotiating tactic amid heightened US-Iran tensions US unveils new sanctions on Iranian leaders following attacks on drone, tankers Washington — Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now President Donald Trump signaled Monday Read More

Erdogan suffers blow as ruling party defeated in mayoral vote

2 days ago DieselGasoil Comments Off on Erdogan suffers blow as ruling party defeated in mayoral vote
By Emily Mee, news reporter Turkish President Recep Tayyip Erdogan has suffered a major blow after his candidate for Istanbul mayor was defeated in a repeat election. Mr Erdogan tweeted to congratulate opposition candidate Ekrem Imamoglu, who lead with 54% in early results compared to 45% for the Turkish president’s chosen candidate, Binali Yildirim. The Read More

Libya warns against calls to shut all of nation’s oil production

2 days ago DieselGasoil Comments Off on Libya warns against calls to shut all of nation’s oil production
Dubai — Libya’s state-run National Oil Corporation warned against recent calls to shut the nation’s oil production, saying it’s a “crucial source of income” that benefits all citizens. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now “Any deliberate disruption of oil sector operations will severely impact national revenue streams, Read More

Netanyahu to Bolton: Any Palestine deal ‘must include’ Israeli presence in Jordan Valley

3 days ago DieselGasoil Comments Off on Netanyahu to Bolton: Any Palestine deal ‘must include’ Israeli presence in Jordan Valley
Benjamin Netanyahu, who on Sunday toured the West Bank with John Bolton, said he will listen to US peace proposals – but added that “any future agreement” with Palestine must guarantee an Israeli presence in the Jordan Valley. Footage posted on Sunday showed Israel’s prime minister and the US national security adviser overlooking the Israeli-occupied Read More

Palestine’s ‘opportunity’ or ‘entirely wrong’? Rocky reception for dawn of $50-bn Trump Mideast plan

4 days ago DieselGasoil Comments Off on Palestine’s ‘opportunity’ or ‘entirely wrong’? Rocky reception for dawn of $50-bn Trump Mideast plan
A $50 billion plan for Palestine’s economy that hinges on peace with Israel has been revealed by Donald Trump’s son-in-law Jared Kushner. He calls it the “opportunity of the century” but a chorus of Palestinian groups disagrees. Speaking to Reuters on Saturday, Kushner dangled the multibillion proposal separately from the central –political– part of US Read More

‘Iran would sign no-war pact with Iraq if not for US’ destabilizing role’ – Top security official

4 days ago DieselGasoil Comments Off on ‘Iran would sign no-war pact with Iraq if not for US’ destabilizing role’ – Top security official
Iran considers security in the Gulf as vital and does not intend to attack anybody, Secretary of the country’s Supreme National Security Council Ali Shamkhani told RT, accusing the US of sowing discord in the region. Shamkhani told RT’s Salam Musafir on a visit to Moscow that his country aims to ease tensions with all Read More