Tag Archives: Anadolu Agency

Japan’s “nuclear blackmail” accusation against Russia is “cynical, unscrupulous speculation,” the Russian Foreign Ministry said on Saturday. “Attempts to attribute to Russia the non-existing plans to use nuclear weapons in Ukraine is nothing more than cynical, unscrupulous speculation. There has been no change in our approach to this issue,” a …

Speaking to reporters, Maros Sefcovic, the European Commission’s vice-president called the launch a “historic milestone” because this is “the first time ever” that the EU uses its “collective economic weight to increase our energy security and tackle high gas prices.” He explained that 77 European companies submitted requests for a …

US commercial crude oil inventories increased 0.6% during the week ending May 5, according to data released by the Energy Information Administration (EIA) late Wednesday. Inventories rose by around 3 million barrels to 462.6 million barrels, lower than the American Petroleum Institute’s expectation of a rise of 3.6 million barrels. …

Oil prices rebounded on Thursday, with both benchmarks dropping around 5% in previous trade as supply concerns caused by Iran’s seizure of an oil tanker and renewed tensions between Ukraine and Russia overshadowed demand woes caused by the US Federal Reserve’s (Fed) decision to cut interest rates further. International benchmark …

The top nuclear envoys of the US and South Korea have discussed ways to cooperate on countering North Korea’s “evolving nuclear and military threats,” the South Korean Foreign Ministry said on Sunday, according to local media. US Special Representative for North Korea Sung Kim held a meeting with his South …

Oil prices started the week on the decline due to demand fears fueled by weak global economic data and the possibility of more interest rate hikes. International benchmark Brent crude traded at $80.44 per barrel at 09.35 a.m. local time (0635 GMT), a 1.25% decrease from the closing price of …

Oil prices decreased on Thursday after weak economic data in the US sparked recession fears. International benchmark Brent crude traded at $84.61 per barrel at 10.08 a.m. local time (0708 GMT), a 0.45% drop from the closing price of $84.99 a barrel in the previous trading session. At the same …

Oil prices climbed on Wednesday over rebounding demand in the US after data revealed that US crude stockpiles decreased by more than anticipated, coupled with supply side concerns driven by the recent output cut decision by OPEC and other oil-producing countries. International benchmark Brent crude traded at $85.36 per barrel …

US President Joe Biden attempted on Monday to downplay the latest output cuts by the OPEC+ group of oil-producing nations. “It’s not going to be as bad as you think,” Biden said during a trip to Minnesota in response to a reporter’s question on the decision by some OPEC+ countries …

Turkey on Wednesday said it was ready to assist Hungary with natural gas delivery via the Trans-Anatolian Natural Gas Pipeline (TANAP). “We, (Turkey) together with Azerbaijan, are ready to provide all means of support in the delivery of natural gas to Hungary via TANAP,” President Recep Tayyip Erdogan said at …