Over the past month the Islamic State's siege of Kobani (aka Ayn al-Arab) has been dominating the world news coverage, revealing Turkey's fraught relationship with its own Kurdish minority and with Kurds and Kurdish organizations across the wider region.
Oil sales, ransoms and extortions help ISIS “generate tens of millions of dollars” monthly, the US Treasury estimates, promising to undermine the group’s finances and to impose sanctions on anyone attempting to do business with the extremists.
Falling oil prices embarrass and make life difficult for countries that depend on oil exports, including Russia and Venezuela, and the US would enjoy making life difficult for them, economist Richard Wolff told RT.
The 'fair' and most comfortable oil price for world economies would range between $90 and $110 per barrel, with any fluctuations from that involving certain risks for the industry, Russia's Energy Minister Aleksandr Novak said.
The Islamic State was making up to $2 million per day, or $800 million a year, by selling oil at roughly half the official price on the black market before the US-led airstrikes, a new study by a US-based consultant group revealed.
Sanctions against Russia are counterproductive and stability should be restored to provide more investment to the country, Total CEO Christophe de Margerie said during his last speech in Moscow before he died in a plane crash.
When an aircraft taking off with a lot of fuel on board and maximum speed hits something metal on its way, sparks alongside heat and pressure are inevitable, and this is catastrophic for any plane, Head of Aviation at CQ University Ron Bishop told RT.
The death of Christophe de Margerie may have a temporary effect on the energy company’s share price, compared to those caused by Exxon Valdez oil spill and BP’s Gulf spill, John Griffing, Republican blogger in Texas, told RT.
About a year ago everyone expected an easy ride for President Dilma Rousseff in her reelection campaign. Now, in the final week of Brazil’s election season, she is technically tied with opposition’s Aécio Neves.
Christophe de Margerie, CEO of Total, had a simple motto - “go where the oil is.” De Margerie died in a plane crash in Moscow on Monday, and the business and political community has responded with an outpouring of grief.
Russian prosecutors claim the driver of the snowplow which crashed with Total CEO Christophe de Margerie’s jet was drunk. His lawyer, however, says he was completely sober, due to a heart condition preventing him from drinking.