The Taliban is able to control threats from the ISIS terrorist group, which has been responsible for a series of deadly attacks in Afghanistan in recent weeks, a political spokesman who serves as foreign minister under the Taliban’s new government said on Tuesday. Amir Khan Muttaqi made the comments during talks in Doha, explaining that…
Taliban Forces Able to Control ISIS Threat in Afghanistan, Says Political Spokesman
Oil Nears Three-Year High on Energy Crunch Fears
October 12, 2021
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LONDON—Oil rose towards $84 a barrel on Tuesday, within sight of a three-year high, supported by a rebound in global demand that is contributing to energy shortages in big economies such as China. With demand growing as economies recover from pandemic lows, the Organization of the Petroleum Exporting Countries (OPEC) and allied producers, collectively known…
Early Results Show Record Low Turnout in Iraq’s Election
BAGHDAD—Voter turnout in Iraq’s elections was 41 percent, according to preliminary results announced Monday, a record low in the post-Saddam Hussein era, signaling widespread distrust of the country’s leaders and the vote for a new parliament. The weekend’s election was held months ahead of schedule as a concession to a youth-led popular uprising against corruption…
Huge Fire Extinguished at Oil Facility in Southern Lebanon
ZAHRANI, Lebanon—Firefighters extinguished a huge blaze that broke out in a storage tank at one of Lebanon’s main oil facilities in the country’s south Monday. The fire sent orange flames and a thick black column of smoke into the sky. Energy Minister Walid Fayad said the fire broke out when workers were transferring gasoline from…
Iraqi Forces Capture Top ISIS Leader Who Had $5 Million Bounty Reward
Iraqi Security Forces (ISF) have captured a high-ranking member of the ISIS terrorist group who oversaw its finances and served as an ISIS deputy leader under the late Abu Bakr al-Baghdadi, Iraqi officials announced. “While our ISF heroes focused on securing the elections, their INIS [Iraqi National Intelligence Services] colleagues were conducting a complex external…
US Says Aid Will Go Directly to Afghan People
The United States during talks with the Taliban in Doha, Qatar over the weekend agreed to provide humanitarian aid directly to the Afghan people, State Department spokesman Ned Price said in a statement. Price said an inter-agency delegation traveled to Doha to meet with senior Taliban representatives on Oct. 9 and 10, marking the first…
Israeli Archaeologists Discover Ancient Winemaking Complex
YAVNE, Israel—Israeli archaeologists on Monday said they have unearthed a massive ancient winemaking complex dating back some 1,500 years. The complex, discovered in the central town of Yavne, includes five wine presses, warehouses, kilns for producing clay storage vessels, and tens of thousands of fragments and jars, they said. Israel’s Antiquities Authority said the discovery…
Crude Jumps on Global Energy Crunch; US Oil at 7-Year High
October 11, 2021
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LONDON—Oil prices rose 2 percent on Monday, extending multiweek gains as an energy crisis gripping major economies shows no sign of easing amid a pick up in economic activity and restrained supplies from major producers. Brent crude was up $1.62 cents, or 2 percent, at $84.01 a barrel by 0914 GMT, The highest level since…
Rising Yields Lift Dollar as Oil Surges
October 11, 2021
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LONDON/SYDNEY—World shares edged higher on Monday courtesy of gains in China, while rising Treasury yields lifted the dollar to a near three-year peak against the Japanese yen. Brent oil prices extended their bull run to reach ground last visited in late 2018, with gains across the energy complex stoking inflation concerns. “Higher energy prices, shortages…
Stagflation Fears Stalk Shares, Rising Yields Lift Dollar
October 11, 2021
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LONDON—Stagflation jitters stunted growth in global shares on Monday, while bets that major central banks will tighten monetary policy pushed up bond yields and lifted the dollar to a near three-year peak against the Japanese yen. Brent oil prices extended their bull run to reach ground last visited in late 2018, with gains across the…
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