Russia said on Friday US “narcoterrorism” charges against Venezuelan President Nicolas Maduro were absurd, adding that sanctions on Caracas could become “a tool of genocide” amid the coronavirus outbreak.
The so-called Syrian Observatory for Human Rights (SOHR) says Turkey has dispatched a new military convoy to Syria’s embattled northwestern province of Idlib, a day ahead of the first joint patrol by Turkish and Russian troops on the strategic M4 highway and establishment of joint coordination centers in the region.
Turkish and Russian officials have agreed on the details of a cease-fire in northwest Syria’s Idlib region and joint patrols along the key M4 highway will begin on Sunday, Turkish Defense Minister Hulusi Akar said on Friday.
Saudi Arabia is flooding Europe with oil at prices as low as $25 per barrel, specifically targeting big refiners of Russian oil in an escalation of its fight with Moscow for market share, five trading sources said on Friday.
The Russian parliament approved a sweeping constitutional reform in the third and final reading Wednesday, a move that will allow President Vladimir Putin to stay in power for another 12 years after his current term ends in 2024.
The United Arab Emirates joined Saudi Arabia on Wednesday in promising to raise oil output to a record high in April, as the two Persian Gulf Arab oil producers in OPEC took a united stand in a standoff with Russia that has hammered global crude prices.
Turkey’s president says he has proposed to his Russian counterpart that the two countries jointly operate the eastern Syrian oilfields, adding he could make the same offer to the United States, which is already implicated in stealing the Syrian crude.
Oil prices lost as much as a third of their value on Monday in their biggest daily rout since the 1991 US-led war against Iraq as Saudi Arabia and Russia signaled they would hike output in a market already awash with crude after their three-year supply pact collapsed.
OPEC's plans for deep and prolonged oil cuts were derailed on Friday as non-OPEC Russia refused to support the move arguing that it was too early to predict the impact of a coronavirus outbreak on global energy demand, sources told Reuters.