Jamal Khashoggi News

OPEC+ agreed on Thursday to gradually ease its oil output cuts from May, after the new U.S. administration called on Saudi Arabia to keep energy affordable for consumers.The group, which has implemented deep cuts since a pandemic-induced oil price collapse in 2020, agreed to ease production curbs by 350,000 barrels per day (bpd) in May, another 350,000 bpd in June and further 400,000 bpd or so in July.Iran's oil minister, Bijan Zanganeh, confirmed the group would boost output by a total of 1.1 million bpd by July.In addition…

A Saudi ship, prevented by rights groups from loading an arms cargo at the French port of Le Havre on Friday, arrived at the Spanish port of Santander early on Monday and was due to leave later in the day, according to the Santander port.It was not clear what the Saudi ship was doing in Santander but the port's website said the vessel, the Bahri-Yanbu, was scheduled to set sail at 1:30 p.m. (1130 GMT). It did not say where the vessel was heading.Spain's Interior Ministry said they had no information regarding the ship. The defence and foreign ministries were not immediately available for comment. Santander port authorities could not immediately be reached.French rights group ACAT argued in a legal challenge on Thursday that the arms consignment contravened a U.N.

German shipbuilder Luerssen has suspended production of coastguard vessels it was building for Saudi Arabia and placed large numbers of staff on short hours, blaming uncertainty over whether Berlin would grant future weapons export licences.After dissident journalist Jamal Khashoggi was killed in Saudi Arabia's consulate in Istanbul, Chancellor Angela Merkel said Berlin would authorise no further weapons exports until Riyadh had satisfactorily explained his death.Privately-owned Luerssen was commissioned to build the coastal patrol vessels five years ago…