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Saudi Aramco reports $49bn profit slump in 2020

Saudi Arabia’s state-backed oil giant Aramco announced Sunday that its profits nearly halved in 2020 to $49 billion, a big drop that came as the coronavirus pandemic roiled global energy markets. Saudi Arabian Oil Co. released its annual financial results a year after the pandemic...

US controls 90% of Syria oil

Syrian Oil Minister Bassam Toma'a has revealed that around 90 per cent of Syrian oil is under the control of US forces, Aram News Network reported on Friday. "The Americans and their followers are acting like pirates as they are targeting the Syrian oil wealth and oil supplies," the...

Yemen intensive care units full with COVID-19 patients

Occupancy in intensive care units in quarantine centers has reached maximum capacity in Yemen because of a sharp increase in the number of coronavirus cases in recent days, Yemen’s health minister said on Friday.  Authorities are dealing with a shortage of intensive care...