Browsing Tag

sale

U.S. allows 30-day at-sea sale of Iranian oil to ease oil prices

A sudden policy shift from Washington is sending ripples through global energy markets, as the Trump administration moves to counter surging oil prices amid escalating conflict with Iran. The United States on Friday issued a 30-day waiver allowing the purchase of Iranian oil at sea, a step officials say is aimed at easing supply pressures driven by nearly three weeks of U.S. and Israeli strikes on Iran. Treasury Secretary Scott Bessent said the measure could release roughly 140 million barrels of oil into global…

U.S. approves potential $9B sale of Patriot missiles to Saudi Arabia

U.S. clears $9 billion sale of Patriot PAC-3 interceptors to Saudi Arabia The U.S. State Department has approved a potential sale of Patriot interceptor missiles and related equipment to Saudi Arabia valued at an estimated $9 billion, the Pentagon said Friday. The package centers on 730 Patriot Advanced Capability-3 Missile Segment Enhancement interceptors, known as PAC-3 MSE, with Lockheed Martin named as the principal contractor. In its announcement, the Pentagon said the proposed sale will not alter the military balance…

U.S. approves $6.6B sale of attack helicopters and assault vehicles to Israel

WASHINGTON — The United States has approved $6.67 billion in arms sales to Israel, including 30 Apache attack helicopters and infantry assault vehicles, as a fragile cease-fire in the Gaza Strip faces repeated violations and international scrutiny. The State Department said Friday the package would bolster Israel’s “strong and ready self-defense capability,” a core U.S. policy priority. The approvals come as rights groups and United Nations experts intensify calls for Washington to halt military transfers they say risk…

The Congo platform is not for sale

Congo is not for sale platform has just published a ten-page report analyzing the Yabiso project by Israeli businessman Dan Gertler, again under US sanctions. The nickname Joseph Kabila's friend has offered Congolese investors to acquire up to 30% of the royalties from Metalkol, the Kolwezi mining project, even says he is ready to lend them some silver. For Congo is not for sale, this offer is a trap. The goal would be to wash the businessman and his opaque transactions ... The report is entitled: "Yabiso, Dan Gertler's…

South Africa bans alcohol gross sales, tightens curfew

South Africa on Monday tightened COVID-19 restrictions, banned alcohol sales and extended a nationwide curfew, as infections shot through a million marks due to a faster-spreading variant of the disease detected in the country. South Africa has recorded the highest number of coronavirus infections on the continent, with 1,044,413 cases reported and almost 27,000 deaths. Daily cases began to increase rapidly at the end of November to between 10,000 and 14,000. The new variant, called 501.V2, was…