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Saudi minister calls for 1M bpd global oil output cut

Oil producing countries should cut output by one million barrels per day to re-balance the market, Saudi Arabia's energy minister said Monday, following a drop in crude prices. "The technical analysis we reviewed yesterday shows that we need a reduction approaching one million bpd to...

UK urges Saudi cooperation in Khashoggi case

It is “unacceptable” that the full circumstances behind Jamal Khashoggi's murder still remain unclear, the British foreign secretary said. Speaking ahead of his visit to Saudi Arabia and the United Arab Emirates, Jeremy Hunt urged Saudi officials for a full co-operation with Turkey...

Putin backs idea of forming unified European army

Russian president on Sunday supported the idea of forming a unified European army. "Europe is a powerful economic entity and union. For this reason, it is very natural for member countries to want to be independent and sovereign in defense and security," Vladimir Putin told Russia Today...

Pompeo: US to hold Khashoggi killers accountable

U.S. Secretary of State Mike Pompeo pledged on Sunday to hold accountable those responsible for the murder of Saudi journalist Jamal Khashoggi. Pompeo had a phone call with Saudi Crown Prince Mohammed bin Salman, said State Department spokeswoman Heather Nauert. "The Secretary...