WASHINGTON/RIYADH - The Trump administration will appoint Ms Victoria Coates as special energy representative to Saudi Arabia as Washington struggles to deal with a global oil price crash dragging on the economy and threatening US energy producers, an Energy Department official said on Monday .
"Coates will be based in Saudi Arabia to ensure the Department of Energy has an added presence in the region," the official said."While her assignment comes at a pivotal time for global oil markets, it has been in the works for a while."Mr Trump, who is running for re-election in November, has said he wants to find a medium ground regarding the oil price crash.
US crude oil edged higher in after-hours trading on Monday to nearly US$24 a barrel, after tumbling 29 per cent last week in its steepest slide since the outset of the US-Iraq Gulf War in 1991. She was deputy national security adviser for Mr Trump, and specialised on the Middle East, particularly Iran.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Virus aid bill includes US$3,000 for families, US$4 trillion liquidity for Fed: MnuchinThe coronavirus economic relief bill being finalized in Congress will include a one-time US$3,000 payment for families and allow the Federal ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
US Treasury secretary says coronavirus relief plan calls for US$4 trillionWASHINGTON (AFP, BLOOMBERG) - An emergency coronavirus relief package that the US government is negotiating for businesses hit hard by the pandemic calls for up to US$4 trillion (S$5.8 trillion) in aid, Treasury Secretary Steven Mnuchin said on Sunday (March 22).. Read more at straitstimes.com. 😂😂😂Trump administration idiots, from 1 to 4 trln. 10 trln will not be enough. America is bankrupt, spending tomorrow money. Next recession after covid will be America debts.
Source: The Straits Times - 🏆 8. / 63 Read more »
US cuts US$1 billion in Afghan aid over leaders' impasse: PompeoWASHINGTON (AFP) - US Secretary of State Mike Pompeo said Monday (March 23) the United States was cutting US$1 billion (S$1.46 billion) in aid to Afghanistan, voicing disappointment that rival leaders pressed by him on a visit failed to form an inclusive government.. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »
Coronavirus: China's envoy to US breaks with foreign ministry on virus originsWASHINGTON (BLOOMBERG) - China's ambassador to the US reaffirmed his opposition to promoting theories that the virus that causes Covid-19 originated in an American military lab, in an unusual break with the country's foreign ministry.. Read more at straitstimes.com. WHITE AND RED 崔大使请不要和全国人民作对
Source: The Straits Times - 🏆 8. / 63 Read more »
US Senate races to agree on massive coronavirus relief packageRepublicans and Democrats in the U.S. Senate on Saturday scrambled to complete a deal on a US$1 trillion-plus bill aimed at stemming the ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
SoftBank plans US$41 billion of asset sales to expand buyback and cut debtSoftBank Group Corp plans to raise as much as US$41 billion to buy back shares and reduce debt in an unprecedented move to restore investor ... Great timing, folly to sell assets now.
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »