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major oil producers to cut production is described as short sighted after oil prices are pushed to a three week high. and a symbol of the economic crisis facing lebanon. the bbc speaks to a lebanese mp who held up a bank, to take out her own money. i apologise to all the people i frightened, but how does that compare to the despair, anger and grief i feel every day? hello and welcome. russia and china have been accused of shielding north korea from further un sanctions over its weapons programme. at a security council meeting, the us ambassador said they d given pyongyang blanket protection. shortly afterwards, north korea fired two new ballistic missiles into the sea. the un security council discussed north korea s test firing of another ballistic missile overjapan on tuesday. that missile travelled 4,500km before falling into the pacific ocean. well, here s what the us ambassador had to say. the dprk has enjoyed blanket protection from two members of this council. ....
internationally understand this abroad he will do what he can to smooth over hard feeling withs the saudis and encourage them to loosen the spigot when it comes to oil production at the same time. domestically, though, there s a heavy price to be paid. the price of criticism from both the political left and the right that what he s doing is essentially shuffling over to the saudis hat in hand while tamping down domestic oil production here at home. not exactly a real picnic when you consider he s been critical as rich pointed out as saudis human rights records. quote from the start my aim was to reorient but not rupture relations with a country that s been strategic partner for 80 years. today saudi arabia has help today restore unity among the six counties of the gulf cooperation council. has fully supported the truce in yemen and now working with my experts to help stabilize oil markets with other opec producers, end quote. understandably on capitol hill, you guessed ....
India, which is the world s third biggest oil importer, has become the top buyer of seaborne Russian oil, mainly Urals, since 2022 after Western sanctions against Moscow. Calculated Free on Board (FOB) estimates for Urals cargoes loading from Baltic ports in October were close to USD 80 per barrel on Thursday for Indian customers, according to traders data and Reuters calculations. ....
Oil prices drop as Russia downplays further production cuts. OPEC+ meeting uncertainty. Brent crude, West Texas Intermediate, short-sellers, debt ceiling. ....