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02.01.26 - 17:48
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Fighting Breaks Out On Saudi Border In Oil-Rich Yemen Region (ZeroHedge)
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Fighting Breaks Out On Saudi Border In Oil-Rich Yemen Region
Yemen continues to be a major headache and security risk for the Saudis, and rare fighting has emerged just on the kingdom's border. Looming over the crisis is the deepening rift between Gulf Cooperation Council (GCC) members Saudi Arabia and the United Arab Emirates.
Saudi warplanes carried out fresh airstrikes on sites near the Saudi-Yemeni border in Yemen's Hadramout province on Friday, as clashes erupted between forces loyal to the Saudi-backed provincial governor and fighters affiliated with the separatist Southern Transitional Council (STC).
UAE-backed southern Yemeni separatist forces, via Reuters.
The STC has for years called the secession of a proposed federal "State of South Arabia" from the rest of the country, and is backed in this current conflict by the UAE.
At lease seven air raids along the border occurred Friday, according to local officials. The STC's leader in Wadi Hadramout, Mohammed Abdulmalik, has s...
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02.01.26 - 15:42
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Ölpreise drehen vor Treffen von Opec+ in die Verlustzone (DPA-AFX)
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NEW YORK/LONDON (dpa-AFX) - Die Ölpreise sind am Freitag gefallen. Nachdem sie am frühen Handel mit leichten Gewinnen in das neue Jahr gestartet waren, drehten sie zuletzt in die Verlustzone. Ein Barrel (159 Liter) der Nordseesorte Brent zur Lieferung ......
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02.01.26 - 11:12
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Trump′s Gunboat Diplomacy Triggers Sharp Drop In Venezuelan Oil Output (ZeroHedge)
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Trump's Gunboat Diplomacy Triggers Sharp Drop In Venezuelan Oil Output
President Trump's gunboat diplomacy in the Caribbean, designed to disrupt and dismantle Venezuelan oil flows to Asia in order to choke off the Maduro regime's primary revenue stream and induce regime instability in Caracas, is now moving full steam ahead, as confirmed by the latest crude oil export data.
Bloomberg cites new internal data from Petróleos de Venezuela showing that oil production in the Orinoco Belt (which accounts for nearly two-thirds of Venezuela's oil output) plunged by about 498,000 barrels per day on Monday, down roughly 25% over the past two weeks.
In recent weeks, Trump's gunboat diplomacy has ramped up with multiple seizures of dark fleet tankers, offshore blockades, and sanctions against additional tankers that haul Venezuelan crude to China. The aim is to suppress Maduro's cash flows, since more than 95% of the country's revenue depends on oil sales.
"While military options still exist, ...
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02.01.26 - 10:48
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Oil Prices Ease In Cautious Trade (AFX)
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WASHINGTON (dpa-AFX) - Oil eased on the first trading day of 2026 after capping its biggest annual drop since 2020. Benchmark Brent crude futures were down 0.2 percent at $60.74 a barrel, with an ......
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