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Rubio says further US military action is not needed against economically weakened Iran

Rubio says further US military action is not needed against economically weakened Iran

U.S. Secretary of State Marco Rubio says further U.S. military action against Iran is unnecessary because the economic pain inflicted on a weakened Islamic Republic is so great

Oil prices set for second straight weekly drop on signs of growing supply surplus

Oil prices set for second straight weekly drop on signs of growing supply surplus

By Erwin Seba HOUSTON, Nov 13 (Reuters) - Oil weakened on Friday, set for a second straight weekly decline, as the market weighed signs of a growing global supply surplus and Washington's focus on blockading Iran while ramping up other economic pressures in the nine-month war.

World leaders set out clashing priorities as COP31 turns to negotiations

World leaders set out clashing priorities as COP31 turns to negotiations

By William James and Simon Jessop ANTALYA, Turkey, Nov 12 (Reuters) - World leaders have set out competing positions and made clashing demands in two days of intense speech-making at the COP31 climate change talks in Turkey, leaving negotiators with a tough task to draft a meaningful deal that all

Airlines Extend Flight Suspensions to Saudi Arabia Amid Renewed Houthi Attacks

Airlines Extend Flight Suspensions to Saudi Arabia Amid Renewed Houthi Attacks

International airlines have prolonged flight suspensions to Saudi Arabia, with services to Riyadh and other regional destinations facing continued disruption due to renewed missile and drone attacks. Saudi Arabia's military coalition recently reported intercepting missiles targeting Riyadh and the southern part of the country, along with a drone over the Eastern Province. Yemen's Iran-aligned Houthi movement has claimed responsibility for these attacks, which have targeted Saudi infrastructure, including King Khalid International Airport. This follows weeks of aviation network disruption in the kingdom, leading to cancellations and heightened security measures. Several airlines, including Etihad Airways and flydubai, have extended their suspensions, while European carriers like ITA Airways and British Airways have postponed their return to the region, with some services not resuming until early 2027. KLM and Singapore Airlines have also extended suspensions of their Dubai services into 2027, reflecting ong...

Leaders of countries already hit hard by climate change tell UN summit that urgent action is needed

Leaders of countries already hit hard by climate change tell UN summit that urgent action is needed

Small island leaders are calling for urgent climate action at the United Nations talks in Turkey

Crown Prince Mohammed bin Salman and King Hamad of Bahrain Discuss Bilateral Ties and Regional Security in Riyadh

Crown Prince Mohammed bin Salman and King Hamad of Bahrain Discuss Bilateral Ties and Regional Security in Riyadh

Crown Prince Mohammed bin Salman, the Crown Prince and Prime Minister of Saudi Arabia, received King Hamad bin Isa Al Khalifa of Bahrain in Riyadh. The meeting focused on reviewing the historical relations between the two nations, exploring avenues for bilateral cooperation, and discussing ways to strengthen and develop these ties. Additionally, the leaders addressed the latest regional developments and the ongoing efforts to enhance security and stability in the region. King Hamad expressed gratitude for the warm reception and commended the efforts of King Salman and the Crown Prince in fostering strong relations and supporting Bahrain. The Crown Prince, in turn, reiterated Saudi Arabia's commitment to deepening its fraternal ties with Bahrain across all sectors and wished for continued progress and prosperity for Bahrain and its people. The meeting saw the attendance of several high-ranking officials from both Saudi Arabia and Bahrain, underscoring the importance of the discussions.

Conflict must not distract from climate action, leaders warn COP31

Conflict must not distract from climate action, leaders warn COP31

By Tuvan Gumrukcu and Valerie Volcovici ANTALYA, Turkey, Nov 11 (Reuters) - Wars and trade disputes should not be allowed to distract the world from its struggle to combat global warming, leaders told the COP31 climate conference on Wednesday, as negotiators prepared to hash out a new deal to try to

Oil prices set for second weekly decline as Trump to stay with Iran blockade

Oil prices set for second weekly decline as Trump to stay with Iran blockade

By Helen Clark PERTH, Nov 13 (Reuters) - Oil prices were mixed on Friday, but set for their second weekly decline, as the US plans to continue its Iranian blockade, reducing the chance of renewed large-scale fighting that could disrupt Middle East supplies, though attacks on shipping remain a danger

Climate crisis is 'outrunning us', UN chief warns COP31

Climate crisis is 'outrunning us', UN chief warns COP31

By Tuvan Gumrukcu and Valerie Volcovici ANTALYA, Turkey, Nov 11 (Reuters) - UN Secretary-General Antonio Guterres told world leaders at the COP31 summit in Turkey on Wednesday that the slow international response to climate change so far had placed the world on a path to destruction.

Oil gains over $2 on attacks on Saudi energy sites, Strait of Hormuz disruptions

Oil gains over $2 on attacks on Saudi energy sites, Strait of Hormuz disruptions

By Siddharth Cavale NEW YORK, Nov 12 (Reuters) - Oil prices jumped over $2 a barrel on Thursday after attacks on Saudi energy infrastructure escalated and shipping disruptions through the Strait of Hormuz threatened global supplies. Brent futures were up $2.44, or 2.63%, at $95.2 at 1:49 p.m.

Analysis-Urgent climate finance pleas at COP31 face a non-urgent response

Analysis-Urgent climate finance pleas at COP31 face a non-urgent response

By Simon Jessop and William James ANTALYA, Turkey, Nov 13 (Reuters) - Urgent pleas for cash from poor nations most exposed to the kind of climate-related disasters that have marked this year risk meeting a sluggish response at Turkey's COP31 talks as Western governments put national security and

Iran tells COP31 it wants compensation for environmental damage from US-Israeli strikes

Iran tells COP31 it wants compensation for environmental damage from US-Israeli strikes

ANTALYA, Turkey, Nov 11 (Reuters) - Iran's President Masoud Pezeshkian told the COP31 climate conference on Wednesday his country wanted compensation for environmental damage caused by US and Israeli strikes, saying the issue related to global efforts to fight climate change.