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U.S. President Donald Trump confirmed his intention to increase tariffs on foreign imports of steel and aluminum from 25% to 50%, which will increase pressure on steel producers worldwide and threaten to escalate his trade war.
Oil Minister inspects arrangements to re-export Yemen oil
[17/10/2020 02:48]
MARIB - SABA
Yemen’s Minister of Oil and Minerals Aws al-Awd inspected the arrangements to re-export Yemen’s oil through the port of Al-Nushaymah in eastern Yemen’s Shabwa province. Al-Alwd visited Safer Company, the operator of the upstream, in Marib on Saturday and looked closely at the preparations to pump the oil through a pipeline to the port.
Al-Awd hailed the crucial role of the company of staffed by 100% Yemeni workforce for meeting the domestic demand on fuel and earning Yemen hard currency.
The resumption of oil export is expected to start before the end of this year.