Reuters

Oil prices fell on Thursday, extending losses from the previous session, as fears of supply disruption eased on news that the Group of Seven (G7) nations were considering a high price cap on Russian oil.

Chevron Corp could soon win U.S. approval to expand operations in Venezuela and resume trading its oil once the Venezuelan government and its opposition resume political talks, four people familiar with the matter said on Wednesday.

Ukrainian President Volodymyr Zelenskiy appealed to the United Nations Security Council on Wednesday to take action to stop Russian air strikes targeting vital infrastructure that have once again plunged Ukrainian cities into darkness and cold as winter sets in.

Armenia's leader vented his frustration on Wednesday at the failure of a Russian-led security alliance to come to his country's aid in the face of what he called aggression by Azerbaijan.

The 27 European Union countries disagreed on Wednesday over a proposal by the bloc's executive to cap future gas prices at 275 euros per megawatt-hour (MWh), a plan that has swiftly drawn criticism from both backers and opponents.

After years of decline, demand for the polluting fossil fuel has surged this year as Europe scrambles to replace Russian gas, and coal miners are making money hand over fist.

This time, it wasn't the bulldozers or the bullets, but the rain and the wind.

A bipartisan group of 16 U.S. senators pressed the Biden administration to carefully reconsider Ukraine's request for lethal Gray Eagle drones to fight Russia and asked the Pentagon to explain why it has not moved ahead, according to a copy of the letter.

Citigroup Inc's investment banking team has increased by 50% over the past two years and more people are being added in the United Arab Emirates (UAE) and Saudi Arabia, joining rivals seeking to take advantage of a red-hot Gulf IPO market.

The U.N. High Commissioner for Human Rights said on Tuesday that the situation in Iran was "critical", describing a hardening of the authorities' response to protests that have resulted in more than 300 deaths in the past two months.

Unheralded Saudi Arabia notched one of the biggest shocks in World Cup history on Tuesday with a 2-1 win over Lionel Messi's Argentina thanks to a scintillating second half comeback.

When Saudi Arabian Crown Prince Mohammed bin Salman took his seat next to the FIFA president at the World Cup opener in Qatar, it capped a remarkable turnabout in his fortunes - even before the Saudi team put a new feather in his cap by beating Argentina on Tuesday.

The U.S. relationship with Saudi Arabia is still under review despite a Biden administration ruling that the Saudi crown prince has immunity from a lawsuit over the murder of Jamal Khashoggi, Secretary of State Antony Blinken said on Tuesday.

Turkey's warplanes crossed into Russian and U.S.-controlled airspace for the first time to attack the Kurdish YPG militia in Syria, and it has rallied Syrian allies to possibly expand the campaign, several Turkish and Syrian rebel sources said.

Iran is enriching uranium to up to 60% purity, close to weapons grade, underground for the first time at its Fordow plant, the U.N.

The United States opposes any military action that destabilises the situation in Syria, a State Department spokesperson said, amid an escalation in retaliatory strikes by Turkey and a Kurdish militia along the Syrian border.

Dubai's main airport on Tuesday raised its passenger forecast for this year by nearly two million to 64.3 million people after a strong pick up in business.

Most of FTX's purchases were luxury beachfront homes, including seven condominiums in an expensive resort community called Albany, costing almost $72 million.

Oil prices rose slightly in early Asian trade on Tuesday, a day after Saudi Arabia denied a media report that it was discussing an increase in oil supply with OPEC and its allies.

President Volodymyr Zelenskiy marked Ukraine's annual Day of Dignity and Freedom on Monday by celebrating the sacrifices made by Ukrainian people since Russia's invasion and saying his country would endure and prevail.

Arab soccer fans at the first World Cup in the Middle East are shunning Israeli journalists in Qatar trying to interview them, illustrating challenges facing wider "warm peace" ambitions two years after some Gulf states forged formal ties with Israel.

StanChart, which operates in 59 countries, is seeing its European and U.S. clients move more business to low-cost Asia.

Netanyahu's lawyer hailed the ruling as "the shattering of another libel" - an allusion to his client's assertion of innocence in three graft trials.

Taking selfies from the stands and sitting on the grassy pitch, thousands of migrant workers gathered in a Doha stadium to watch the opening match.

Oil prices hovered near two-month lows on Monday as supply fears receded while concerns over China's fuel demand and rising interest rates weighed on prices.

Taiwan's representative to APEC said on Saturday he had a brief but "happy" chat with Chinese President Xi Jinping at a summit in Bangkok, a rare high-level interaction, and also discussed semiconductors with U.S.

Balloons festooned the departure gate for the first commercial flight between Israel and Qatar on Sunday, permitted by Doha for World Cup fans despite a lack of formal bilateral relations.

European traders are rushing to fill tanks in the region with Russian diesel before an EU ban begins in February, as alternative sources remain limited.

Countries closed this year's U.N. climate summit on Sunday with a hard-fought deal to create a fund to help poor countries being battered by climate disasters, even as many lamented its lack of ambition in tackling the emissions causing them.