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Why Saudi Arabia’s East-West pipeline matters for global oil
Al Jazeera
The 1,200km (745-mile) pipeline has been temporarily closed, affecting up to 5 percent of global oil supply.
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The 1,200km (745-mile) pipeline has been temporarily closed, affecting up to 5 percent of global oil supply.
St Barts is one of many UK institutions whose benefactors were involved in the trafficking of enslaved Africans Inside the Great Hall of St Bartholomew’s North Wing, alongside stately portraits of the apostle from whom London’s oldest hospital takes its name and King Henry VIII, extravagant commemorative boards adorn the walls. The Great Hall was a grand, formal space where governors weighed their philanthropic donations and drafted their wills, many while investing in the stock of companies built on the trafficking of enslaved Africans. Today, many of those donors are commemorated in acrylic gold paint on the boards. Continue reading...
Israeli human rights group B’Tselem details five mechanisms used by Israel to dismantle Palestinian collective life.
Public offering of Aliko Dangote’s Nigerian oil refinery business could swell his net wealth by two-thirds The fortune of Africa’s richest person could swell by two thirds to nearly $60bn (£44bn) after his refinery in Nigeria listed publicly in the continent’s biggest-ever initial public offering. If Monday’s flotation of Dangote Petroleum Refinery and Petrochemicals on the Nigerian exchange goes to plan, then Aliko Dangote will add a further $23bn (£17bn) to his $35bn net worth. Continue reading...
Impasse comes amid growing Saudi anger with Tehran over Houthi advances and strikes on airbase and pipeline Oil prices rise after drone attacks shut down Saudi Arabia’s east-west pipeline Gulf states have postponed a critical meeting with Iran on the future of the strait of Hormuz owing to a lack of Arab consensus and growing Saudi Arabian anger with Tehran for helping the Houthis loosen Riyadh’s grip in Yemen. The stalemate over the vital waterway came as Houthi rebels launched a fresh barrage of missile and drone attacks on Saudi military targets. A Houthi military spokesperson claimed its forces had attacked the King Khalid airbase in Khamis Mushait, hitting fighter-jet hangars, radar systems, runways and landing strips, ammunition depots and additional targets. Continue reading...
Marib is home to Yemen's oil sector. Whoever controls it secures economic gains. Taiz's location makes it critical.
Saudi Arabia asked for the meeting to be postponed, but Tehran says it will continue to seek a regionally backed bill.
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