(2020-03-18). WTI Oil Price Drops Below $25 Per Barrel For First Time Since November 2002. sputniknews.com Oil futures began their plunge last week after OPEC+ failed to agree on the extent of proposed production cuts amid global concerns over the new coronavirus. The dispute prompted Saudi Arabia to declare a price war, with the kingdom, the United Arab Emirates and Russia moving to increase oil output by several million barrels per day.
(2020-03-18). Gulf states register fresh coronavirus infections. yenisafak.com Health authorities in all Gulf countries reported fresh coronavirus infections on Wednesday. | Kuwait's Health Ministry said 12 people were infected with the virus, bringing the country's total cases to 142. | Oman reported nine new cases from the disease, taking the total count in the country to 33. | In Saudi Arabia, the Health Ministry said the kingdom's total infections rose to 171 after 38 new cases were reported, according to the official SPA news agency. | Three new cases were also reported in Qatar, taking the country's total infections to 442, according to the Health Ministry. | In Bahrain, authorities s…
(2020-03-12). De-escalate now, to steer Yemen off 'precarious path', UN Security Council hears. news.un.org Yemen is at a "critical juncture", the UN Special Envoy for the country told the Security Council on Thursday. Speaking via video-link, Martin Griffiths said that the combatants will either move towards de-escalation or greater violence, which would make "the path to the negotiating table more arduous".