RIYADH | SAUDI ARABIA – The value of Saudi Arabia’s oil exports dropped by 65.4% in April when compared to the same month a year earlier, or a fall of about $12 billion, official data showed on Thursday.
Compared to March, total exports – including non-oil exports of goods such as chemicals and plastics – decreased by 23.5%, or about $3 billion, the General Authority for Statistics said.
Amid a drop in demand and oil prices, in the first quarter the value of Saudi Arabia’s oil exports plunged by 21.9% year on year to $40 billion, corresponding to a decline of about $11 billion, official data showed.
The Kremlin on Friday said it hoped ‘crazy’ calls to sanction Russian business people would not become a reality and that it was planning ways to best protect Russia’s interests, its citizens and businesses. The Kremlin said it was closely following media reports about a possible new round of U.S. sanctions.
Moscow will soon publish a list of U.S. citizens it will take measures against in response to sanctions imposed on Russians over the case of opposition politician Alexei Navalny, the TASS news agency cited the foreign ministry as saying on Friday. The Kremlin on Wednesday played down the impact of sanctions imposed by the United … More Russia Will Soon Publish Retaliatory Stop List Of U.S. Citizens – TASS Cites Foreign Ministry
The Saudi – led coalition fighting the Houthi group in Yemen said it had destroyed four explosive drones fired towards the Kingdom on Friday, with the Houthis claiming to have launched an attack into southern Saudi Arabia at dawn. The Iran – aligned Houthis have recently stepped up cross – border drone and missile attacks … More Saudi – Led Coalition Says It Downed Four Drones Fired By Houthis Towards Khamis Mushait