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MercoPress, en Español

Montevideo, April 19th 2024 - 09:54 UTC

Tag: Middle East

  • Thursday, May 16th 2019 - 08:24 UTC

    Oil prices edge up on the Iran situation, but inventories are still very high

    Analysts said oil was drawing support from heightened tensions in the Middle East, with helicopters carrying U.S. staff from the American embassy in Baghdad

    Oil prices edged up on Thursday to extend gains into a third straight session, as tensions in the Middle East stoked fears of potential disruptions to supply. Brent crude futures were at US$72.04 a barrel at 0110 GMT, up 27 cents, or 0.4per cent, from their last close. Brent closed up 0.7per cent on Wednesday.

  • Tuesday, November 6th 2018 - 08:44 UTC

    Oil market cautious as US punitive sanctions on Iran become effective

    Trump on Monday said he wants to impose sanctions on Iran’s oil gradually, citing concerns about shocking energy markets and causing global price spikes.

    Oil prices were mixed on Monday after a steep five-day fall, as the United States formally imposed punitive sanctions on Iran but granted eight countries temporary waivers allowing them to keep buying oil from the Islamic Republic. The sanctions are part of U.S. President Donald Trump’s effort to curb Iran’s missile and nuclear programs and diminish its influence in the Middle East.

  • Thursday, October 18th 2018 - 09:04 UTC

    US receives US$ 100m payment from Saudi Arabia, when Pompeo was in Riyadh

    Timing of the transfer raised questions about a potential payoff as Riyadh seeks to manage allegations that her agents were responsible for Khashoggi's disappearance

    The United States received a payment of US$ 100 million from Saudi Arabia on Tuesday, the same day Secretary of State Mike Pompeo arrived in Riyadh to discuss the disappearance of journalist Jamal Khashoggi, a State Department official confirmed Wednesday amid global calls for answers in the case.

  • Monday, October 15th 2018 - 14:34 UTC

    Key Naseed-Jaber, Quneitra crossings reopened as Syria reaches out to neighbours

    Vehicles begin to again pass through the Nasseb-Jaber crossing between Syria and Jordan

    The strategic Naseeb crossing between Syria and Jordan on the Damascus-Amman international highway was reopened Monday, just one day after both countries agreed to it. The crossing had been closed since 2015 when the rebels took over that area in Syria's southern province of Daraa. Also Monday the only crossing point near the Syrian border town of Quneitra between Syria and the Golan Heights, under Israeli occupation since 1967, was reopened for United Nations observers, four years after closing due to the civil war, following a deal between Israel, Syria and the UN.

  • Thursday, October 11th 2018 - 08:54 UTC

    International tourism industry remains robust with 6% increase in first six months of 2018

    “Tourism data for the first half of 2018 serves as further proof of the sector’s resilience and relentless growth trajectory” said UNWTO Zurab Pololikashvili.

    According to the World Tourism Organization (UNWTO)’s latest barometer, international tourist arrivals grew 6% in the first six months of 2018 after a record year of growth in 2017. All world regions enjoyed robust growth in tourist arrivals in January-June 2018. The increase was fueled by strong demand from major source markets, supported by an upswing in the global economy. It comes after record year-round growth of 7% in 2017.

  • Thursday, September 27th 2018 - 08:24 UTC

    Iran tells Trump he is responsible for oil price increase: stop interfering in the Middle East

    Trump, not the Organization of the Petroleum Exporting Countries, is behind the recent rise in prices, Iranian Oil Minister Bijan Zanganeh said. Photo: Reuters/Raheb Homavandi/File Photo

    President Donald Trump should stop interfering in the Middle East if he wants the price of oil to stop rising, Iranian Oil Minister Bijan Zanganeh was quoted as saying on Wednesday.

  • Wednesday, May 30th 2018 - 08:35 UTC

    Shipping emissions the greatest challenge to oil price hikes

    On January 1, 2020, the IMO will enforce new emissions standards designed to significantly curb pollution produced by the world's ships.

    The most prominent driver of oil prices over the next two years is not likely to come from OPEC, Iran or Venezuela, but rather in the shape of a shipping revolution, analysts have warned. New rules coming into force in approximately 18 months' time are seen as a source of great concern for some of the world's biggest oil producers.

  • Monday, April 16th 2018 - 18:22 UTC

    Most Latin American countries cautious or critical about bombings in Syria

    Temer and Macri condemned the use of chemical weapons but were not enthusiastic about the bombing of targets in Syria

    Canadian Prime Minister Justin Trudeau backed air strikes by the United States and its allies on Syria’s chemical weapons program but Argentina, Brazil and Peru voiced caution during a regional summit about the escalating military action.

  • Saturday, April 14th 2018 - 13:53 UTC

    US coalition: Strikes in Syria increases tension; reactions worldwide

    Three targets were hit in the one-night operation. The damaged installations were Syrian research, storage and military buildings.

    Bombs have fallen. Damascus has been beaten again. The United States, United Kingdom and France coalition launched airstrikes against Syrian targets as Donald Trump sought to punish Syrian President Bashar al-Assad for a suspected chemical attack last weekend near Damascus that killed more than 40 people.

  • Thursday, September 11th 2014 - 05:14 UTC

    Islamic State's ultimate goal: Saudi Arabia's oil wells

    IS knows that first is to capture and secure the most important country in the Muslim world: Saudi Arabia.

    For the terrorist group known as the Islamic State, Syria and Iraq were a good place to start their campaign, but in order to survive and prosper it knew from the outset that it had no choice but to set its sights on the ultimate prize: the oil fields of Saudi Arabia.