Read the latest news from regional and global sources, presenting different voices and perspectives.
OPEC+ further accelerates oil output hike by 548,000 bpd in August
Saudi Gazette
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July 5, 2025
Saudi Gazette report RIYADH — Eight oil-producing nations of the OPEC+ alliance agreed on Saturday to increase their collective oil production by 548,000 barrels per day in August. The decision to further accelerate oil output hike was taken...
OPEC+ to boost crude oil production in August
United Press International (UPI)
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A gas flame is seen in the desert at Khurais oil field, about 100 miles from Riyadh, Saudi Arabia. File photo by Ali Haider/EPA July 5 (UPI) -- Eight OPEC+ nations on Saturday agreed to increase their crude oil production by 548,000 barrels per...
GOP mega-bill axes billions of dollars in clean-energy subsidies. It could help China. Republicans in Congress produced a surprise winner this week when they axed hundreds of billions of dollars in federal clean-energy subsidies. Read More »
Yahoo News
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Republicans in Congress produced a surprise winner this week when they axed hundreds of billions of dollars in federal clean-energy subsidies: China’s artificial intelligence industry. China is pouring money into energy production to support its...
OPEC+ may accelerate oil output in Aug
The Manila Times
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July 5, 2025
LONDON — The Organization of the Petroleum Exporting Countries (OPEC+) may make an increase in oil output for August at its meeting on Saturday that is larger than the 411,000 barrels per day (bpd) hikes it made for May, June and July, three...
Indonesia, Saudi Arabia ink $27b deals in energy, mineral sectors
The Jakarta Post
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ndonesia and Saudi Arabia have sealed US$27 billion in private sector deals across various fields, including clean energy, petrochemicals and aviation fuel services. The agreements were signed on Wednesday at Al-Salam Palace in Jeddah, where...
Oil Prices Lower on Report US-Iran Nuclear Talks Will Restart
Yahoo Finance
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Oil barrels stacked on each other by Kalulu via iStock August WTI crude oil (CLQ25) today are down -0.69 (-1.02%), and August RBOB gasoline (RBQ25) is down -0.0146 (-0.69%). Oil prices are trading lower after Axios reported that the US plans to...
Oman and Saudi Arabia launch Phase II of industrial integration
Times of Oman
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Riyadh: The second stage of the industrial integration initiatives between the Sultanate of Oman and the Kingdom of Saudi Arabia kicked off on Saturday within the activities of the Economy, Trade and Industry Committee of the Oman-Saudi...
Mugging of 5 lakh Saudi Riyals: Five placed on remand, 1 sent to jail
The Business Standard
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July 5, 2025
A Dhaka court has placed five individuals on different terms of remand over their suspected link to mugging foreign currencies, including 5 lakh Saudi Riyals, in the capital's Tejgaon Industrial area. One suspect has been sent to jail. Dhaka...
Iraq’s oil exports to India drop 4% in early 2025
Shafaq News
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2025-07-05T15:44:22+00:00 font Enable Reading Mode A- A A+ Shafaq News - Baghdad/New Delhi Iraq’s crude oil shipments to India averaged 860,000 barrels per day (bpd) in the first half of 2025, down 4% from 900,000 bpd during the same period last...
OPEC+ speeds up oil output hikes in August
Nikkei Asia
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LONDON (Reuters) -- OPEC+ agreed on Saturday to raise production by 548,000 barrels per day in August, further accelerating output increases at its first meeting since oil prices jumped - and then retreated - following Israeli and U.S. attacks on...
Why GTA 5’s Saudi Arabia release signals a bigger worldwide launch for GTA 6
Sportskeeda
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July 5, 2025
While most in the Grand Theft Auto fanbase are awaiting GTA 6, those in Saudi Arabia are looking forward to the release of GTA 5, which came out originally in 2013 but has been banned in the country since 2018. Nevertheless, it has proven to be a...
The Video Game Industry in Saudi Arabia: Between Entertainment and Political Influence
Muwatin
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July 5, 2025
Under the Federation’s umbrella, numerous competitions and tournaments have been launched, including the Saudi Esports League, the School League, the Saudi University League, the Saudi Fighting Games League, and others. Approximately 30 companies...
Business InsightsBrics leaders meet under pressure from tariffs, oil shocks and climate rifts
The National News
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When the leaders of the Brics group of developing countries gather on Sunday for their 17th annual summit, the backdrop is one of the most geopolitically volatile the bloc has faced in years, with trade tension, regional conflicts and energy...
OPEC+ increases oil production again
Portugal Pulse
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July 5, 2025
“The eight participating countries in the meeting will implement a production adjustment of 548,000 barrels per day in August 2025,” compared to July, surpassing the initially forecasted 411,000 by analysts, announced the Organization of the...
Government of Change & Construction: Strengthening service stability & consolidating internal security
Yemen News Agency SABA
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July 5, 2025
Government of Change & Construction: Strengthening service stability & consolidating internal security [Sat, 05 Jul 2025 16:06:20 +0300] Sana'a – Saba: The Government of Change and Construction, represented by its affiliated ministries,...
Saudi Arabia activates its first THAAD company to strengthen its missile defence
Atalayar
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July 4, 2025
Saudi Arabia has finally decided to launch its first company dedicated to the THAAD (Terminal High Altitude Area Defence) missile defence system, as part of an ambitious plan to strengthen its national security. According to the Saudi Press Agency...
Training workshop held on marketing, production guidelines of halal products
Bangladesh Sangsbad Sangstha
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Training workshop held on marketing, production guidelines of halal products A training workshop on held at the boardroom of Bangladesh Chamber of Industries (BCI) today. Photo : BSS DHAKA, July 5, 2025 (BSS) - A training workshop on “Halal...
Top 5 countries with world’s biggest oil reserves – see who ranks first
DNA India
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These five countries hold the largest oil reserves in the world and play a key role in global energy and economy. Which countries have the most oil? Here’s the top 5 list Crude oil is one of the most important natural resources in the world. It...
Amman Chamber of Industry Exports Surpass 3 Billion Dinars in First Half of 2025
Jordan News
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July 5, 2025
Exports from the Amman Chamber of Industry exceeded the 3-billion-dinar mark during the first half of this year, driven by the high quality and competitiveness of its products in international markets.اضافة اعلان According to periodic statistical...
OPEC+ members agree to larger-than-expected oil production hike in August
CNBC
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July 5, 2025
The OPEC logo is displayed on a mobile phone screen in front of a computer screen displaying OPEC icons in Ankara, Turkey, on June 25, 2024. Anadolu | Anadolu | Getty Images Eight oil-producing nations of the OPEC+ alliance agreed on Saturday to...