July 18, 2025

vEU Council Approves Extension of Gas Storage Rules for Two Years

Brussels: The Council of the European Union announced the adoption of a legislative amendment on Friday, extending the current gas storage filling rules for an additional two years. The decision aims to mitigate the EU’s vulnerability to gas price vol…

vKuwait Oil Price Decreases by 26 Cents to USD 70.12 Per Barrel

Kuwait city: The price of Kuwaiti oil experienced a decline of 26 cents, settling at USD 70.12 per barrel (pb) during Thursday’s trading session. This was a drop from the previous day’s price of USD 70.38 pb, as reported by the Kuwait Petroleum Corpor…

vUS House Passes Spending Cut Package Worth $9 Billion

Washington: The US House of Representatives passed early Friday a package of nine billion US dollars in spending cuts to foreign aid and public broadcasting, handing a win to President Donald Trump. Some 216 representatives voted for the package while…