Oil futures marched towards $50 a barrel on Wednesday, with U.S. crude reaching its highest in over seven months. Investors have anticipated a likely decrease in the U.S. crude inventories and ongoing supply outages elsewhere in the world, which could curtail global supply. Oil markets were also sup
Fallujah- Officials at the Iraqi joint military operation rooms announced on Tuesday the start of the second phase of the mission launched for freeing Fallujah from ISIS terrorists. Simultaneously, parliamentary and political figureheads pressed on demands to cease all random and avenge-spurred shel
Hewlett Packard Enterprise Co and known as HP, said it would spin off and merge its suffering IT services business with Computer Sciences Corp, permitting the company to emphasis on its growing businesses. For instance, shares of Hewlett Packard Enterprise, formed after Hewlett-Packard Co formally s
Marcel Lazar is a Romanian computer hacker who revealed the existence of a private email server used by Hillary Clinton when she was secretary of state. On the ground of his statements to media in regard of hacking Clinton’s server, he was indicted on charges like wire fraud, unauthorized access of
West Africa’s Lake Chad region is probably the most neglected humanitarian crisis in the world, where poverty and desertification have severely increased by violence caused by Boko Haram, the U.N. aid chief said on Tuesday at the World Humanitarian Summit. The gap between the suffering and the
Palestinians asked the United States to intervene so that the Paris economic agreement can be re-evaluated at the first high level joint meeting in Ramallah in which economic dialogue between the two parties was re-established after it was stopped a decade ago. The Palestinian Minister of Finance Dr
French oil and gas company Total stated that it might reconsider further investments in its French plants, as a result of strikes that have forced the shutdown of two of its refineries, with two more in the process of shutting down. Noting that the temporary shutdowns are the result of industrial ac
Turkish President Recep Tayyip Erdogan on Tuesday approved a new government formed by one of his most trusted allies, who vowed immediately to start work immediately on forging the stronger presidency wanted by Erdogan. Binali Yildirim, 60, was elected as leader of the AKP unopposed on 22 May, repla
War is not new to Raqqa. The city was previously destroyed and occupied by Mongols who had settled there until they were expelled by force. Today, Raqqa is about to finally be liberated from ISIS, which have carried out unimaginable heinousness against its people; documented and publicized by their
In our region, it is clear that areas controlled by ISIS are afraid of liberation at the hands of regime forces and this can be seen in Iraq and Syria. Iraq is a glaring example because the areas that are being freed now were previously under Al-Qaeda’s rule, were later freed, are now under ISIS’ [&
The head of Egypt’s forensics authority denied on Tuesday reports that the small size of the remains of victims retrieved since an EgyptAir plane crashed last week indicated there was an explosion on board. “Everything published about this matter is completely false,” Forensic Medi
Paris-All propositions of the French Prime Minister Manuel Valls in his current visit to Israel did not succeed in changing Israeli Prime Minister Benjamin Netanyahu’s mind regarding his rejection of the Paris plan to hold an international meeting in France’s capital on the 3rd of June. This plan ai
Cairo – For the fourth consecutive session, oil prices continue to fall reaching $48 a barrel. Oil prices fell this low because of Iran’s rejection to limit oil production, Libya’s increased production of crude oil, and doubts about reaching an agreement in the next meeting of The Organization
The Custodian of the Two Holy Mosques King Salman bin Abdulaziz received Canada’s Foreign Minister Stéphane Dion at the Peace Palace in Jeddah yesterday. Bilateral relations between the two countries and developments in regional and international events were reviewed during the meeting. The re
U.S administration had not set a date yet for the initiation of the liberation operations of Raqqa, despite the troops on the outskirts of the city. It seems that the U.S. – Kurdish coordination to fight ISIS in northern Syria has reached its highest levels, amid continuous visits of U.S generals to
Qatar’s energy and industry minister said Tuesday that the oil market is slowly recovering from its steep drop but crude is still not trading at a “fair price” to encourage investment. “The oil market is recovering slowly but steadily. Luckily, the fundamentals show it is hea
Yemen consultations resumed in Kuwait yesterday but some apathy was shown and this prompted the UN envoy Ismail Ould Cheikh to cut the main session short. Sources close to the consultations told Asharq Al-Awsat that a state of apathy prevailed during the direct meeting which was attended by the UN e
Sen. Bernie Sanders was given unprecedented say over the Democratic Party platform Monday in a move party leaders hope will soothe a bitter split with backers of the longshot challenger to Hillary Clinton. Sanders immediately used his new power to name a well-known advocate for Palestinian rights to
The human remains retrieved from the Mediterranean Sea where EgyptAir flight 804 crashed last week suggest there was an explosion on board, a senior Egyptian forensics official said on Tuesday. The official said all 80 pieces brought to Cairo so far are small and that “there isn’t even a
The Indian Space Research Organization (ISRO) has said that it successfully launched its first small space shuttle as part of its efforts to make low-cost reusable spacecraft. ISRO said a rocket carrying the shuttle lifted off from a launch pad in southern India on Monday and completed a successful
