So the US and the Saudis claim to have credible evidence that those Weapons of Oil
Destruction came from Iran, their current bogey now that Saddam Hussein is no longer
available. Evidently, the world has learned nothing from the invasion of Iraq in ...
Sept. 17 (BusinessDesk) - The New Zealand dollar fell against the US dollar after
President Donald Trump authorised the use of the country's emergency crude stockpile
after the weekend attack on Saudi Arabia’s major oil facilities.
Sept. 16 (BusinessDesk) - New Zealand shares fell as the attack on Saudi Arabian
oil facilities unnerved investors and higher oil prices weighed on transport stocks
including Air New Zealand and Mainfreight.
Energy and Resources Minister Megan Woods says New Zealand is ‘not close’ to
bringing in oil reserves after the attack on Saudi fields. “We would have to see
prices rise by about $20 per barrel in order for some of those strategic reserves ...
The attack on the world’s largest oil processing facility at Abqaiq in Saudi Arabia
southwest of Aramco’s headquarters in Dhahran had a few predictable responses.
Given that the facility has a daily output of some 5.7 million barrels, damaging ...
As part of a larger crackdown on the ongoing protests in Hong Kong, Chief Executive
Carrie Lam has suggested that her administration would consider using legacy emergency
legal powers to allow the Government of Hong Kong to censor, disrupt, and block social ...