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May 24, 2022

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Biden administration says it has not ruled out export curbs to ease fuel prices

Reuters
BAYOU CHOCTAW, La., May 24 (Reuters) – U.S. President Joe Biden has not ruled out using export restrictions to ease soaring domestic fuel prices, U.S. Energy Secretary Jennifer Granholm said on Tuesday. Asked if the United States was considering restricting petroleum exports to ease fuel prices, Granholm said “I can......

Quad countries, including India, shared Ukraine concerns, Japan’s Kishida says

Reuters
TOKYO, May 24 (Reuters) – Leaders of the Quad grouping of countries, including India’s Narendra Modi, shared concerns over the situation in Ukraine at their meeting in Tokyo, Japanese Prime Minister Fumio Kishida said on Tuesday. “The four leaders had candid discussion on the impact of the Ukraine situation on......

S.Africa’s Ramaphosa: Russia sanctions hurt “bystander” countries

Reuters
German Chancellor Olaf Scholz stands next to South African President Cyril Ramaphosa, before inspecting the guard of honour during his state visit to the governments Union building in Pretoria, South Africa May 24, 2022. REUTERS/Siphiwe Sibeko Register now for FREE unlimited access to Reuters.com Register German Chancellor Scholz on tour......

India says ‘substantive outcomes’ from Biden, Modi talks

Reuters
TOKYO/NEW DELHI, May 24 (Reuters) – Indian Prime Minister Narendra Modi and U.S. President Joe Biden reached “substantive outcomes” on Tuesday in talks to strengthen their trade and defence ties, India said, though Modi refrained from condemning Russia for its invasion of Ukraine. The leaders were in Tokyo for a......

Exclusive: Petrobras warned of diesel shortages before CEO ouster

Reuters
May 24 (Reuters) – Brazil’s Petrobras alerted the government last week that diesel pumps could run dry this year if the oil company does not sell fuels at market prices, according to four people close to discussions and an internal presentation seen by Reuters. Just days later, President Jair Bolsonaro......

Russian invasion of Ukraine is a global issue, says Biden

Reuters
Biden says Ukraine invasion is a global crisis Biden calls for territorial integrity and sovereignty EU embargo on Russian oil imports “within days”-Germany Russia sees economic ties with China growing Ukraine urges prisoner swap with Moscow LVIV, Ukraine/BERLIN, May 24 (Reuters) – U.S. President Joe Biden said on Tuesday that......

Greece gets EU’s initial nod to cap power prices -minister

Reuters
Wind turbines operate atop a mountain during sunset near the town of Kalavrita, Greece, August 15, 2019. REUTERS/Alkis Konstantinidis Register now for FREE unlimited access to Reuters.com Register ATHENS, May 23 (Reuters) – Greece said on Monday the European Commission has initially approved its scheme to set a ceiling on......

EU plans first joint gas buying before winter

Reuters
Gas flames of a cooker are pictured in a private home in Bad Honnef near Bonn, Germany, March 30, 2022. REUTERS/Wolfgang Rattay Register now for FREE unlimited access to Reuters.com Register BRUSSELS, May 23 (Reuters) – The European Union plans to start jointly buying gas before winter, the bloc’s energy......

Column: Hedge funds more bullish on crude as sanctions loom

Reuters
LONDON, May 23 (Reuters) – Investors grew significantly more bullish on petroleum prices last week in response to an increasing likelihood that EU sanctions on Russia’s exports that will intensify global oil shortages. Hedge funds and other money managers purchased the equivalent of 56 million barrels in the six most......

Indonesia policy uncertainty hampers resumption of palm oil exports

Reuters
Trucks with palm oil fresh fruit bunches are parked in a queue at a palm oil factory in Siak regency, Riau province, Indonesia, April 26, 2022. Picture taken with a drone April 26, 2022. REUTERS/Willy Kurniawan Register now for FREE unlimited access to Reuters.com Register JAKARTA, May 23 (Reuters) –......

Biden hails ‘good friend’ Kishida, says U.S. fully committed to Japan’s defence

Reuters
TOKYO, May 23 (Reuters) – President Joe Biden assured his “good friend” Prime Minister Fumio Kishida of Japan on Monday that the United States is fully committed to Japan’s defence, amid simmering tension with China and the ramifications of Russia’s invasion of Ukraine. The cornerstone of Biden’s visit, which includes......

Iran to revive gas pipeline project to Oman – IRNA

Reuters
Iranian flag flies in front of the UN office building, housing IAEA headquarters, amid the coronavirus disease (COVID-19) pandemic, in Vienna, Austria, May 24, 2021. REUTERS/Lisi Niesner Register now for FREE unlimited access to Reuters.com Register DUBAI, May 21 (Reuters) – Iran’s oil minister has agreed to revive a long-stalled......

Russia halts gas flow to Finland, intensifies push for Donbas

Reuters
Russia launches assault in Luhansk Russia claims victory after weeks-long siege at Azovstal Russia stops Finland gas flows over payment dispute Russian military says destroyed Western arms in Zhytomyr region KYIV/OSLO, May 21 (Reuters) – Russia stopped providing gas to Finland in an escalation of a row over energy payments......

Turkey’s Erdogan discusses concerns with NATO hopefuls Sweden and Finland

Reuters
Turkish President Tayyip Erdogan addresses members of his ruling AK Party (AKP) during a meeting at the parliament in Ankara, Turkey May 18, 2022. Murat Cetinmuhurdar/Presidential Press Office/Handout via REUTERS Register now for FREE unlimited access to Reuters.com Register ISTANBUL, May 21 (Reuters) – Turkish President Tayyip Erdogan, who has......

Russia says 963 Americans are banned from entering, adds 26 new Canadians

Reuters
U.S. President Joe Biden speaks as U.S. Secretary of State Antony Blinken listens during a Cabinet meeting at the White House in Washington, U.S., July 20, 2021. REUTERS/Jonathan Ernst Register now for FREE unlimited access to Reuters.com Register LONDON, May 21 (Reuters) – Russia said on Saturday it had so......

Biden, South Korea’s Yoon vow to deter North Korea while offering COVID aid

Reuters
SEOUL, May 21 (Reuters) – President Joe Biden and his new South Korean counterpart agreed on Saturday to hold bigger military drills and deploy more U.S. weapons if necessary to deter North Korea, while offering to send COVID-19 vaccines and potentially meet Kim Jong Un. Biden and Yoon Suk-yeol said......

U.S., others walk out of APEC talks over Russia’s Ukraine invasion

Reuters
BANGKOK, May 21 (Reuters) – Representatives of the United States and several other nations walked out of an Asia-Pacific trade ministers meeting in Bangkok on Saturday to protest Russia’s invasion of Ukraine, officials said. The walkout was “an expression of disapproval at Russia’s illegal war of aggression in Ukraine and......

Russia stops Finland gas flows over payments dispute

Reuters
A view shows valves near a drilling rig at a gas processing facility, operated by Gazprom company, at Bovanenkovo gas field on the Arctic Yamal peninsula, Russia May 21, 2019. Picture taken May 21, 2019. REUTERS/Maxim Shemetov/File Photo Register now for FREE unlimited access to Reuters.com Register OSLO, May 21......

U.S. says Turkey’s approach to Sweden, Finland NATO bid not a bilateral topic

Reuters
WASHINGTON, May 20 (Reuters) – Turkey’s approach to the NATO accession process of Sweden and Finland is not a bilateral issue between Washington and Ankara, the U.S. State Department said on Friday, but added that Washington was speaking with Ankara and it remained confident that the dispute would be overcome.......

Russia makes early debt payment dash to dodge default

Reuters
The skyscrapers of the Moscow International Business Centre, also known as “Moskva-City”, are seen just after sunset in Moscow, Russia July 12, 2018. Picture taken July 12, 2018. REUTERS/Christian Hartmann Register now for FREE unlimited access to Reuters.com Register Moscow was due to pay $100 mln on two Eurobonds on......

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