Saudi Arabia regains position as world’s top oil exporter

Workers at an Aramco onshore rig. Saudi Arabia exported nearly 11 million barrels of oil per day in April. (Aramco)
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Updated 17 June 2020
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Saudi Arabia regains position as world’s top oil exporter

  • Kingdom knocks US off top spot it gained last year
  • IEA forecasts less dramatic fall in demand

DUBAI: Saudi Arabia has emerged from three months of oil market volatility as the world’s biggest oil exporter once more, knocking the US off the top slot it gained last year.

Industry experts calculated that in April — when oil prices crashed because of pandemic lockdowns — the Kingdom exported nearly 11 million barrels of oil per day, a record, and the US about 8.6 million barrels.

Both countries’ exports fell in May, after the historic OPEC+ deal to cut output, but the Kingdom was still ahead.

The trend is likely to continue for most of this year, as American production suffers from shut-ins and bankruptcies in its price-sensitive shale oil operations, despite continuing Saudi cuts.

“Over the course of the second quarter of 2020 as a whole Saudi Arabia ought to easily stay ahead of the chasing pack,” said the Middle East Economic Survey, which published the figures compiled by industry experts.

The US overtook Saudi Arabia as the world’s top exporter in the middle of last year. Since the price of the US benchmark, West Texas Intermediate, collapsed in April, many shale producers have cut back on their “rig count” and some have filed for bankruptcy.

Oil prices shrugged off weekend worries over a possible second wave of virus infection in China. Brent crude, the global benchmark, rose back above $40, while West Texas Intermediate stood at $37.

A report from the International Energy Agency forecast a less dramatic fall in 2020 oil demand than expected. Demand would be 91.7 million barrels per day, about 500,000 more than the agency’s previous forecast, but still the biggest fall in history. There would be no recovery in pre-pandemic air fuel demand until 2022 because of the “dire situation” in the aviation industry, the IEA said.

In China, oil demand had recovered fast in March and April, and Indian demand rose sharply in May. “While the oil market remains fragile, the recent modest recovery in prices suggests that the first half of 2020 is ending on a more optimistic note,” the agency said.

“Initiatives in the form of the OPEC+ agreement and the meeting of G20 energy ministers have made a major contribution to restoring stability to the market.”

The joint ministerial monitoring committee of the OPEC+ alliance meets at the end of this week to assess compliance with agreed cuts, amid some speculation that they could be extended for at least another month.


US secretary of state Rubio urges Islamabad and New Delhi to step back

Updated 42 sec ago
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US secretary of state Rubio urges Islamabad and New Delhi to step back

  • Marco Rubio holds separate phone calls with Pakistani PM and Indian external affairs minister 
  • Urges Pakistan and India to improve communications, engage in “direct dialogue” to de-escalate 

ISLAMABAD: US Secretary of State Marco Rubio on Thursday held separate telephone calls with Pakistan’s premier and the external affairs minister of India and urged the two nations to engage in “direct dialogue” to de-escalate their ongoing conflict, the state department said. 

India hit Pakistan and Pakistan-administered Kashmir, called Azad Kashmir, with missiles on Wednesday and Pakistan said it shot down five Indian aircraft in retaliation in their worst clash in over two decades. Pakistan said 31 civilians were killed in the Indian strikes while New Delhi says it targeted “terror camps.”

On Thursday, Pakistan said it had shot down 29 drones launched by India while New Delhi said it had “neutralized” Islamabad’s attempts to target military targets with drones and missiles.

“He expressed US support for direct dialogue between India and Pakistan and encouraged continued efforts to improve communications,” the state department said in two separate statements after Rubio spoke to Pakistani Premier Shehbaz Sharif and Indian External Affairs Minister Subrahmanyam Jaishankar. 

“The Secretary emphasized the need for immediate de-escalation.”

India is an important US partner for Washington, which aims to counter China’s rising influence, while Pakistan remains an ally, despite its diminished importance after the US withdrawal from neighboring Afghanistan in 2021.

Both India and Pakistan claim Muslim-majority Kashmir in full, with each controlling only part and having fought wars in the past over the region.

The latest standoff was triggered by an April 22 attack in Indian-administered Kashmir that New Delhi blamed on Pakistan, which has denied the claims and called for a neutral investigation.


Pakistan’s Chinese-made jet brought down two Indian fighter aircraft — US officials 

Updated 16 min 27 sec ago
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Pakistan’s Chinese-made jet brought down two Indian fighter aircraft — US officials 

  • Performance of leading Chinese fighter jet against Western rival is being closely watched in Washington 
  • Episode may offer insights into how Beijing might fare in any showdown over Taiwan or the wider Indo-Pacific

ISLAMABAD/WASHINGTON: A top Chinese-made Pakistani fighter plane shot down at least two Indian military aircraft on Wednesday, two US officials told Reuters, marking a major milestone for Beijing’s advanced fighter jet.
The performance of a leading Chinese fighter jet against a Western rival is being closely watched in Washington for insights into how Beijing might fare in any showdown over Taiwan or the wider Indo-Pacific.
One US official, speaking on condition of anonymity, said there was high confidence that Pakistan had used the Chinese-made J-10 aircraft to launch air-to-air missiles against Indian fighter jets — bringing down at least two.
Another official said at least one Indian jet that was shot down was a French-made Rafale fighter aircraft.
Both officials said Pakistan’s F-16 aircraft, made by Lockheed Martin, were not used in the shootdown.
Delhi has not acknowledged the loss of any of its planes and instead said it carried out successful strikes against what it said was “terrorist” infrastructure inside Pakistan.
World powers from the US to Russia and China have called for calm in one of the world’s most dangerous, and most populated, nuclear flashpoint regions.
In France, Rafale manufacturer Dassault Aviation and the MBDA consortium, which makes the Meteor air-to-air missile, could not immediately be reached for comment on a public holiday.
While Reuters reported on Wednesday that three Indian planes went down, citing local government officials in India, this marks the first Western confirmation that Pakistan’s Chinese-made jets were used in the shootdowns.
Pakistan’s Defense minister, Khawaja Muhammad Asif, told Reuters on Thursday that the J-10 was used to shoot down three French-made Rafale planes, which were newly acquired by India. 
Pakistan says it downed five Indian planes in air-to-air combat. 


Indian villagers near Pakistan border call for ceasefire as shelling kills at least 13

Updated 21 min 52 sec ago
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Indian villagers near Pakistan border call for ceasefire as shelling kills at least 13

  • The shelling damaged several religious sites, including a temple, a Sikh shrine and a mosque
  • Statement released by India said dead include three women, five children killed in “Pakistani firing”

Poonch, Indian-administered Kashmir: Indian villagers called for a ceasefire on Thursday after at least 13 civilians were killed by what authorities said was Pakistani shelling in Poonch, along the India-Pakistan border, in Jammu and Kashmir.

The shelling damaged several religious sites, including a temple, a Sikh shrine, and a mosque.

“We appeal to the government that there should be a ceasefire as soon as possible. There should be peace and harmony,” said a villager Malkeet Singh.

A statement released by the Indian government on Thursday said 16 lives, including three women and five children, were lost “due to Pakistani firing.”

Pakistan said at least 31 of its civilians were killed and about 50 wounded in Wednesday’s strikes and in cross-border shelling across the frontier in Kashmir.

The nuclear-armed neighbors’ tit-for-tat measures began after gunmen opened fire in the Baisaran Valley, a popular tourist attraction in Indian-administered Kashmir’s Pahalgam area, on the afternoon of April 22, killing 26 people and wounding several others before fleeing into the surrounding pine forests.

Although Pakistan’s federal government has pledged to respond to India’s strikes, Defense Minister Khawaja Muhammad Asif told The New York Times on Wednesday Pakistan was ready to de-escalate.

Indian Foreign Minister Subrahmanyam Jaishankar said New Delhi did not intend to escalate the situation. 

“However, if there are military attacks on us, there should be no doubt that it will be met with a very, very firm response,” he said at India-Iran Joint Commission Meeting.

“Our livestock and belongings are all gone. Nothing is left. This shelling must stop, and there should be peace. For God’s sake, give us peace. We want peace for everyone,” said a resident of Uri on the Indian side of the border.


Israel strikes south Lebanon, Aoun holds urgent talks to halt attacks

Updated 08 May 2025
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Israel strikes south Lebanon, Aoun holds urgent talks to halt attacks

  • Hezbollah field commander killed, civilians injured in 19 airstrikes across Nabatieh area
  • Nawaf Salam condemned the Israeli strikes on Nabatieh and said the government was aiming to ‘put an end to the Israeli violations as soon as possible’

BEIRUT: Israel conducted heavy airstrikes in south Lebanon on Thursday, hitting targets north of the Litani River in violation of a US-brokered truce.

Following the strikes in the Nabatieh region, Lebanese President Joseph Aoun held urgent talks with high-level foreign contacts to halt the Israeli violations.

The airstrikes killed one person, reportedly a senior Hezbollah military leader, and led to multiple injuries, sparking panic in schools, universities and among residents.

Aoun followed up on security developments with army chief Gen. Rodolphe Haikal, receiving reports on the areas struck by the Israeli bombardment.

The Ministry of Health said that the initial death toll of the Israeli airstrikes on the outskirts of Nabatieh was one, with eight injured.

A source familiar with Aoun’s communications told Arab News: “The president’s contacts primarily involved the US and French sides, as they are sponsors of the ceasefire agreement and key members of the committee overseeing its implementation.”

The president reportedly called on the US and France “to pressure Israel to halt its attacks,” but the talks “did not yield any concrete guarantees.”

Israeli jets launched about 19 airstrikes on the area between Kfar Tebnit, Jabal Ali Taher, Nabatieh Al-Fawqa and Kafr Rumman, forming what resembled a ring of fire.

Containing valleys, hills and forests, the area is located about 4 km from the city of Nabatieh, which itself is 56 km from Beirut.

The unprecedented Israeli attack on the region, untouched since the ceasefire agreement between Israel and Hezbollah took effect on Nov. 27, specifically targeted the Ali Taher area, considered a Hezbollah-controlled security zone.

Hezbollah reportedly lost one of its top military commanders, Abu Hussein Shahrour, who, according to reporters in the region, “was one of the party’s key fighters and played a pivotal role in the 1997 Sajd operation against the Israeli occupation.”

According to Israeli media, a “senior source” in the Israeli army said the military “attacked a significant target in southern Lebanon, consisting of underground infrastructure.”

Israeli army spokesperson Avichay Adraee said the target “was used to manage the fire and defense systems of the Hezbollah terrorist organization.”

According to Adraee, the airstrikes “targeted personnel, combat equipment and wells. The site in question was part of a strategic underground project and was put out of service as a result of the strikes.”

He added that “the site and activities there are a blatant violation of the understanding between Israel and Lebanon.”

The Israeli army “will continue to act to eliminate any threat to Israel’s security and will prevent any attempt to rebuild Hezbollah’s capabilities,” Adraee said.

The Israeli army’s Northern Command said it would maintain its “offensive policy” against Hezbollah.

The airstrikes and massive explosions triggered loud bangs that echoed throughout Nabatieh and the south.

Residents near the targeted areas rushed to evacuate their children from schools, and most official departments shut down.

Later, the Israeli army opened fire with machine guns on a civilian vehicle on the Odaisseh-Kafr Kila road in the border area.

The car sustained damage. However, the female driver and her daughter escaped unharmed.

Meanwhile, in the morning, Israeli aircraft dropped leaflets on several areas in the south, resembling banknote-like papers that carried incendiary phrases against Hezbollah. These included: “Hezbollah’s dollar is haram (forbidden in Islam) and will not benefit you after it destroyed your house and displaced your family.”

Another said: “Do not miscalculate things and do not accept the yellow dollar.”

Prime Minister Nawaf Salam condemned the Israeli strikes on Nabatieh and said the government was aiming to “put an end to the Israeli violations as soon as possible.”

He added: “The government has spared no diplomatic effort to stop these actions and ensure Israel’s withdrawal from the hills it still occupies.”

Salam, accompanied by a ministerial delegation, traveled to Baalbek in the morning on a Lebanese army helicopter and inspected the border plains with Syria.

He has repeatedly called for Lebanon to ramp up its border security.

Salam called for strengthened security measures during a security meeting at Baalbek Serail, highlighting the need to “maintain stability and ensure successful municipal elections with complete transparency and integrity” throughout the governorate.

Meeting with local representatives, the premier announced progress on establishing a cannabis regulatory authority, describing it as a pathway “to transition toward a development-based economy benefiting regional residents.”

Salam was unequivocal that “neither security nor development can function through arbitrary measures.”

He highlighted the urgent need to resolve transportation challenges between Beirut and the Bekaa Valley, while advocating for Baalbek’s restoration as a premier tourist destination in Lebanon.

Salam also visited the Masnaa border crossing with Syria, receiving detailed security briefings from military personnel on site.

“The Masnaa crossing serves as a vital gateway for both the Bekaa and Lebanon as a whole. It must operate according to the highest technical and security standards rather than succumbing to disorder or discretionary practices,” Salam said.

He added that advanced scanning equipment would soon be installed “to facilitate goods movement, enhance transparency and enable properly regulated land exports of Lebanese products.”

Salam said that transforming the border crossing “from a vulnerability into a symbol of state effectiveness” represents a critical first step in broader reforms.

“This is where change begins — with Lebanon fully reclaiming control of its borders and converting them into gateways for legitimacy and order, not channels for chaos and violations.”


Portugal police arrest crime ring over fraudulent permits for 10,000 foreigners

Updated 08 May 2025
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Portugal police arrest crime ring over fraudulent permits for 10,000 foreigners

  • The foreigners paid to obtain bogus labor contracts that allowed them to stay in the
  • Portugal’s center-right government has toughened some immigration rules in the past year

LISBON: Portuguese police have arrested 13 people they believe provided an estimated more than 10,000 foreigners with residence permits and documents allowing them to stay in Portugal and the European Union in exchange for bribes, police said on Thursday.
A spokesperson for the Judicial Police force said the bribes paid to the group, which included a foreign ministry employee, a lawyer and several entrepreneurs, averaged 15,000 euros ($16,950) per person.
The foreigners paid to obtain bogus labor contracts that allowed them to stay in the country and then get residence permits, open bank accounts and access the social security system. Many of them have since left for other EU member states, police said.
Portugal’s center-right government has toughened some immigration rules in the past year, reflecting attempts elsewhere in Europe to fend off the rise of the far-right, and on Saturday vowed to deport 18,000 illegal migrants in the coming months.
It was not immediately clear if those who benefited from the illegal scheme counted among those.
Still, the country remains relatively open to migrants, particularly from Portuguese-speaking countries in Africa and from Brazil. Many experts argue that growing immigration has stoked economic growth.
While anti-immigration sentiment is expected to play a role in an early election on May 18, far-right party Chega has been steady or declining in opinion polls after a surge in the previous election last year. The center-right Democratic Alliance of Prime Minister Luis Montenegro looks set to win the most votes.