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US concerned with Hezbollah's rise in Lebanon

The United States hopes Lebanon's next government will work with it on areas of mutual interest, a State Department official said on Tuesday, and expressed concern over Hezbollah's rising clout in the country. "We hope Lebanon's next government will build a stable and secure Lebanon...

Armed group blocks key Libya oil field for a week

One of Libya's largest oil fields has been out of production for more than a week, the state-owned National Oil Corporation said Tuesday, blaming a militia for the shutdown. The NOC said early last week that an armed group had seized the Sharara site, prompting it to declare "force...

Saudis announce budget deficit for sixth straight year

Saudi Arabia announced Tuesday its 2019 budget projecting a $35 billion shortfall, amounting to a deficit for the sixth year in a row due to low oil prices. The budget foresees spending at $295 billion, the largest in the oil-rich kingdom's history, while revenues, mostly from oil, are...