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12/07/2025
Official data shows that Tunisia's trade deficit expanded to $3.4 billion in the first half of the year.
Latest
3 m ago
Deutsche Bank strategist: Although the market expects the US Treasury to rely more on short-term issuances to help control interest costs, this strategy is not without risks.
5 m ago
Morocco will encourage private enterprises to expand their financing channels.
7 m ago
The Saudi Energy Minister stated that due to tension in the region, Saudi Arabia increased oil production in June.
8 m ago
The U.S. Department of Energy today approved a strategic petroleum reserve (SPR) exchange with ExxonMobil to address the logistical challenges facing the company's Baton Rouge refinery crude oil transportation. Energy Secretary Wright authorized this action to ensure stable fuel supply transportation for a broader region in Louisiana and along the Gulf Coast. This measure will maintain the operational flexibility of the strategic petroleum reserve and will not impact or delay the Department of Energy's current replenishment process. Under the exchange agreement, the Department of Energy will provide up to 1 million barrels of crude oil from the SPR. This exchange will support ExxonMobil in restoring refining capacity that has been reduced due to interruptions in offshore supply. ExxonMobil will return the borrowed crude oil in full and provide additional compensation to the strategic petroleum reserve for the borrowed crude oil. The entire process will be at no cost to taxpayers.
8 m ago
The United States is using the Strategic Petroleum Reserve to support ExxonMobil in order to ensure fuel supply in the Gulf of Mexico.
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