A Conservative welfare policy estimated to cost some working families in the UK hundreds of pounds a year is likely to be brought to an end five years after it was first imposed, the secretary of state for work and pensions signaled.
Bahrain has called for Qatar's membership of the Persian Gulf Cooperation Council to be suspended until it accepts the demands of its neighbors as a diplomatic standoff continues between Doha and a Saudi-led group of nations.
Russian President Vladimir Putin said he'd like OPEC and Russia — producers of half of the world's oil — to reach a deal to freeze supply and expects the dispute over Iran's participation can be resolved.
Russia says it is looking into the possibility of starting talks with Saudi Arabia on stabilizing oil prices – an initiative which has already boosted sentiments in global oil markets over speculations that the dialogue between the two could lead to an oil freeze deal.
The Universe has been expanding since the dawn of time but if the second law of thermodynamics is an accurate prediction of its future, then the infinite expansion will inevitably be the end of life as we know.
Venezuelan Oil Minister Eulogio del Pino said on Thursday fellow OPEC member Iran would reach pre-sanction oil output levels by September, allowing a revival of talks on a global oil production freeze.
Iran’s Oil Minister Bijan Zangeneh says the country is still determined to increase its oil production to as high as four million barrels per day (bpd), stressing that Tehran will only negotiate over joining the oil freeze plan when that target has been achieved.