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Saudi Arabia Pledges to Invest More Than $6 Billion in Syria

24 juillet 2025 à 11:49
The deals highlight the countries’ deepening relationship under the new Syrian government, and a wave of investment in a country squeezed by war and sanctions.

© Diego Ibarra Sanchez for The New York Times

Damascus, Syria, last month. New investment deals involving more than 100 companies would be an economic boon for the country’s government.

Why Trump’s Abraham Accords Have Not Meant Mideast Peace

13 juillet 2025 à 11:34
The 2020 agreements addressed diplomacy and commerce, not conflicts or the Palestinians. Predictions that the deals would produce regional peace were baseless, analysts say.

© Doug Mills/The New York Times

President Trump leading Prime Minister Benjamin Netanyahu of Israel and officials from Bahrain and the United Arab Emirates outside the White House to sign the Abraham Accords in 2020.
  • ✇The Kyiv Independent
  • Russia fails to meet OPEC+ oil production target in June, Bloomberg reports
    Russia's crude oil production in June fell below its agreed-upon OPEC+ target, according to individuals familiar with the data interviwed by Bloomberg. Russian producers reportedly pumped 9.022 million barrels per day last month, a figure 28,000 barrels per day below the required level, including compensation cuts. This marks the largest gap between Russia's output and its monthly quota this year, based on Bloomberg's calculations.Historically, Russia, which co-leads the OPEC+ alliance with Saud
     

Russia fails to meet OPEC+ oil production target in June, Bloomberg reports

7 juillet 2025 à 17:47
Russia fails to meet OPEC+ oil production target in June, Bloomberg reports

Russia's crude oil production in June fell below its agreed-upon OPEC+ target, according to individuals familiar with the data interviwed by Bloomberg.

Russian producers reportedly pumped 9.022 million barrels per day last month, a figure 28,000 barrels per day below the required level, including compensation cuts. This marks the largest gap between Russia's output and its monthly quota this year, based on Bloomberg's calculations.

Historically, Russia, which co-leads the OPEC+ alliance with Saudi Arabia, has faced criticism for poor compliance with production quotas. However, the nation has shown improved adherence for most of 2025, often pumping below its required levels, according to analysis of Russian data. This increased focus on production discipline follows earlier critiques from Riyadh.

Under the terms of the OPEC+ agreement, Russia's daily production quota for June had increased by 78,000 barrels to 9.161 million barrels. However, Moscow had also committed to a 111,000 barrel-a-day compensation cut for the month, bringing its actual output target to 9.050 million barrels per day.

On July 5, eight OPEC+ nations collectively agreed to raise production by 548,000 barrels per day in August, aiming to capitalize on strong summer consumption. Analysts suggest these additional barrels may be quickly absorbed but could contribute to a crude surplus later in the year.

Independent verification of Russia's oil output data has become challenging since Moscow classified official figures after Western sanctions targeting the nation's energy industry following its full-scale invasion of Ukraine. Consequently, market watchers now largely rely on indicators such as seaborne exports and domestic refinery runs to track trends in Russia's oil production.

Russia striking NATO while China invades Taiwan ‘plausible’ scenario, experts say
If Beijing moves against Taiwan, NATO might soon find itself in a two-front war with China and Russia — or so the alliance’s secretary general believes. “If Xi Jinping would attack Taiwan, he would first make sure that he makes a call to his very junior partner in all of this, Vladimir Vladimirovich Putin… and telling him, ‘Hey, I’m going to do this, and I need you to to keep them busy in Europe by attacking NATO territory,’” Secretary General Mark Rutte said in a July 5 interview with the New
Russia fails to meet OPEC+ oil production target in June, Bloomberg reportsThe Kyiv IndependentMartin Fornusek
Russia fails to meet OPEC+ oil production target in June, Bloomberg reports
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