WORLD

"The rapid upheaval in global crude trade flows, may in part explain the recent decision by OPEC+ to cut production," the IEA said.

Ukrainian troops have been forced to withdraw from some parts of Bakhmut in the face of a renewed Russian assault on the ruined battlefield city, Britain said on Friday, with Moscow pressing to achieve a victory before Ukraine's expected counteroffensive.

Qin said on Friday that China believed "the only way to resolve the Ukraine crisis is to promote peace and talks".

The West has imposed a slew of sanctions against Russia since Moscow invaded Ukraine in February 2022, including price caps on its oil exports and EU embargoes.

The first plane departed Sanaa, the rebel-held capital, for government-controlled Aden hours after a Saudi delegation departed without a fresh truce but with plans to meet again.

The external financing is needed to fully fund the balance of payments gap for the fiscal year that ends in June.

A Saudi delegation on Thursday concluded peace talks in the Yemeni capital Sanaa with the Houthi movement whose officials cited progress and said further discussions were needed to iron out remaining differences.

In an interview with French daily Les Echos and news platform Politico, Macron warned against Europe being dragged into a conflict between Washington and Beijing.

AFP was unable to verify the status on the ground in the eastern town, which has turned into the longest and bloodiest fight since Russia invaded Ukraine last year.

Despite Assad not yet controlling all of Syria, the Arab acceptance serves to legitimise his rule over the impoverished and war-wrecked country.

Novynskyi, whose wealth is estimated by Forbes at $1.4 billion, is one of the country's richest men, an ex-lawmaker and a sponsor of the Ukrainian Orthodox Church.

One of the world's oldest churches, built on top of a cave in the Israeli-occupied West Bank and festooned with golden icons, attracts thousands of Christian pilgrims every year.

Pakistan's debt continues to be sustainable, International Monetary Fund (IMF) managing director Kristalina Georgieva said on Thursday, after the government reiterated it had completed all requirements to receive a critical bailout from the IMF.

Shmyhal, speaking alongside U.S. Treasury Secretary Janet Yellen, said it was critically important for Ukraine to begin reconstruction this year, and said Kyiv had identified a priority funding gap of $14 billion needed this year.

The Ukraine grain Black Sea export deal was brokered by the United Nations and Turkey in July last year to help alleviate a global food crisis.

The firms - from the United States, Britain and Europe - assured the officials that they were working hard to avert Russian efforts to evade sanctions and export controls, said the official, speaking on condition of anonymity.

Syria was suspended from the Arab League in response to Syrian President Bashar al Assad's brutal crackdown on peaceful protests.

The Kingdom is also pressing ahead with efforts to thaw bilateral ties with Syrian President Bashar al-Assad, joining several other Arab states in moving to formally end Syria's regional isolation despite Western concerns.

A tighter supply outlook due to lower expected production in Russia supported prices.

The dovish signals helped keep non-yielding gold near one-year highs, while the euro led the currency pack as the European Central Bank stays stubbornly hawkish.

Alexei Navalny, Russia's most prominent opposition politician, is grappling with a mystery ailment in jail that could be some sort of slow acting poison and has lost 8 kg in weight in just over two weeks, his spokeswoman said.

Last year was marked by the eruption of nationwide protests sparked by the death in September of Mahsa Amini, a 22-year-old ethnic Kurd who had been arrested for allegedly violating the strict dress rules for women.

The families of two deceased victims as well as the only three victims involved in the cases still alive have all rejected the government proposal.

In the hour before sunset during Ramadan, Gaza's roads become choked with cars as people dash home in time to break their fast with their families.

Friday's nine-nation talks in Jeddah, the Red Sea gateway to Mecca, come after Syria's foreign minister arrived on a previously unannounced visit -- the first since the outbreak of the country's civil war in 2011.

The company said that it is collaborating with multiple new energy carmakers in China on developing robotaxis.

The tepid response reflects, in part, the Biden administration's view that the production cut may not have as much of an impact on the U.S. and global economy as last year's cuts, which came as oil supplies were still tight.

The government says it is not economically viable to hold snap elections first ahead of a general election due in October.

Dr. Sultan Al Jaber made the call during the Spring Meetings of the World Bank Group and the International Monetary Fund (IMF) in Washington, DC on Wednesday.