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Maduro promised earlier this week to roll out a new plan to ease the economic crisis.

Oil output in the U.S. fell by 100.000 barrels a day to 10.9 million last week. according to the Energy Information Administration.

Saudi Arabia halted temporarily oil shipments through the lane on July 26 after attacks on two big oil tankers.

The Saudi policy appears to be helping cool prices in the way sought by President Trump.

The previous congress was held in Istanbul in 2016 and the next one will be in Abu Dhabi in 2019.

Al-Fahdavi served as energy minister of Iraq since 2014.

The limits will go into effect as the U.S. prepares to reimpose sanctions on Iran beginning Nov. 4.

Russia is planning to increase its involvement in developing energy projects in Africa. during the tenth BRICS Summit in Johannesburg.

Iran is currently the world’s 11th biggest producer of steel.

The contract for the production of 6.000 railcars says that the Russian side should provide the financial aspect of the project.