Published: Fri, July 27, 2018
World | By Camille Rivera

Oil prices fall as oversupply concerns weigh

Oil prices fall as oversupply concerns weigh

Oil prices gained on Wednesday after data from the American Petroleum Institute (API) reported USA crude inventories fell more than expected last week.

He also said the Red Sea, a key trade route for oil, was no longer secure with America's presence in the region.

A top Iranian general said his forces were ready if US President Donald Trump followed through on his warning that Iran would "suffer consequences" if Tehran threatened the United States.

Mr Turnbull said that while Mr Trump's attitude towards Iran was well known, the report had not benefited from any "consultation" with his office, nor the offices of the defence or foreign affairs ministers, reported The Guardian.

"What could you do during these 20 years that you didn't?" Gen. Qassem Soleimani attends Iranian supreme leader Ayatollah Ali Khamenei's (not seen) meeting with the Islamic Revolution Guards Corps in Tehran in 2016. "You came to Afghanistan with tens of tanks and armoured vehicles and hundreds of advanced helicopters and committed crimes there but what the hell have you achieved [in Afghanistan] between since 2001 to 2018 with 110,000 troops?"

Trump tells Rouhani to not threaten U.S. again
The White House has also been reaching out to diaspora Iranians, many of whom fled the country following the Iranian Revolution of 1979.

"Trump should know that we are nation of martyrdom and that we await him", Soleimani was quoted as saying.

"We're ready to make a real deal", he said.

Iranian President Hassan Rouhani said Wednesday that resistance is the most powerful response to the United States' anti-Iran policies.

A war of words between Washington and Teheran escalated dramatically this week as Iranian President Hassan Rouhani warned the United States not to "play with the lion's tail". Voters who backed President Donald Trump's campaign are more likely to support a war against Iran, but even among that group, backing remains below the majority level, with 47 percent saying they'd support declaring war, and 29 percent that they'd oppose it. "You are aware of Iran's power in asymmetric war", Soleimani said, according to Iran's semi-official Fars news agency.

Speaking on Fox News, Mr Keane said: "He's bringing an end to Iran's aggressive malign behaviour in the Middle East".

New Liverpool keeper Alisson desperate to play - Klopp
The 25-year-old's arrival now means that Karius' run as Liverpool's first-choice goalkeeper is at an end . He could have joined us here, he wanted to stay that day (he signed) but it made absolutely no sense .

"If you begin the war, we will end the war".

"Trump! You must not threaten our nation and must not insult our president..." Have you now become attached to the Monafeqeen, who have been thrown in the trash bin of Iran's history?

But his remarks came just one day after Saudi Arabia announced it was suspending oil shipments in the Bab al-Mandeb Strait, which connects the Gulf of Aden to the Red Sea, because of what authorities said was a missile attack on two Saudi oil tankers by Iranian-allied rebels in Yemen.

US crude oil inventories last week tumbled more than expected to their lowest level since 2015, the EIA said on Wednesday, as USA gasoline and distillate stockpiles fell.

Egypt condemns Israel’s Jewish nation-state law
The law had drawn criticism by a wide range of NGOs and rights groups as a racist bill that would divide the society. And it says the government will encourage the creation of Jewish towns and communities.

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