Oil Prices Plunge after Producers’ Meeting DelayedOil prices fell as much as $3 a barrel in early Asian trading on Monday, after Saudi Arabia and Russia postponed to Thursday a meeting about a potential pact to cut production.
Brent crude traded lower by $2.39 a barrel, or 7 per cent, by 6:16 p.m. EDT (10:16 GMT) after earlier touching a session low of $30.03 a barrel.
Covid-19 Cases Pass 1,2 M, Over 65,000 KilledMore than 1,200,000 people are infected with the novel coronavirus and more than 65,600 others have died of the disease caused by it around the world, according to www.worldometers.info.
US COVID-19 Death Rise by 1,000 in Single DayThe US death toll from Covid-19 rose by 1,000 in a single day for the first time, making the Trump administration to join local officials in advising Americans to wear masks when venturing out during the still-exploding coronavirus pandemic.
Syria’s Idlib province is experiencing “rare calm” after Turkish President Recep Tayyip Erdogan and his Russian counterpart Vladimir Putin have announced a military ceasefire in the war-torn country, after a six-hour meeting in Moscow. The ceasefire agreement allows Damascus to secure two strategic routes running through the militant-held province.
This week’s meeting between Presidents Putin and Erdogan in Moscow was cast as preventing a war between Russia and Turkey in Syria. War, however, was never on the horizon. Putin called Erdogan’s bluff, and the Turk folded.
The US has offered to provide Turkey with the Patriot missile system if Ankara refuses to operationalize the advanced S-400 defense system that it has bought from Russia, president Recep Tayyip Erdogan Said on Tuesday.
Foreign-backed militants in Syria are not complying with the terms of a ceasefire reached earlier this month by Russia and Turkey to halt an escalation of violence in the Arab country’s Idlib province, Moscow Said.