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President Joe Biden didn't ask Saudi Arabia to make more oil on Thursday so that gas prices in the U.S. and around the world would go down.
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Since Biden's election, the United States' Middle East policy appears to have shifted 180 degrees.
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According to Megan Greene, principal economist at the Kroll Institute, the 'King Dollar' is not at risk of losing its worldwide market domination due to its trading power.
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Saudi Arabia could flee to gold or cryptocurrencies to escape the money-printing machine, but it won't replace the US dollar with an inferior fiat currency.
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President Biden should follow through on his campaign vow to cease all US assistance for the Yemeni conflict, including weapons shipments.
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The FBI has accidentally revealed the name of a Saudi diplomat who is suspected of directing support to two of the September 11, 2001, plane hijackers. In a federal court filing by Jill Sanborn, the assistant director of the FBI’s counterterrorism division, the diplomat’s name was redacted in all instances except one. In that instance, …
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Saudi Arabia has taken a $500 million stake in promoter Live Nation, whose shares have been slammed as the coronavirus has brought this year’s schedule of concerts and sporting events across the country to a virtual standstill. Shares of Live Nation, which had recently fallen nearly 50 percent from all-time highs they reached in February …
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OPEC members and Russia agreed on Sunday to oil production cuts to stem free-falling prices caused by a trade war between Russia and Saudi Arabia. The agreement will cut worldwide output by 10 million barrels per day, amounting to one tenth of the global supply of oil. U.S. senators have sharply criticized Saudi Arabia over …
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Stocks rallied Thursday as rising oil prices overcame Wall Street’s worries about the coronavirus gutting the US labor market. The Dow Jones industrial average climbed as much as 534.26 points, or 2.5 percent, on hopes of a detente in the oil-price war between Russia and Saudi Arabia. The blue-chip index reversed the early losses it …
President Joe Biden didn't ask Saudi Arabia to make more oil on Thursday so that gas prices in the U.S. and around the world would go down.
