Energy industry

Secretary of State Mike Pompeo walks after stepping off his plane upon arrival at King Abdulaziz International Airport in Jeddah, Saudi Arabia, Wednesday, Sept. 18, 2019. (Mandel Ngan/Pool via AP)
September 19, 2019 - 8:04 am
DUBAI, United Arab Emirates (AP) — The Latest on tensions in the Persian Gulf (all times local): 4:05 p.m. The United Nations says its panel of experts on Yemen have arrived in Saudi Arabia to investigate an attack on the kingdom's oil facilities. U.N. spokesman Farhan Haq acknowledged their...
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FILE - In this Aug. 29, 2019 file photo, Iranian Foreign Minister Mohammad Javad Zarif attends a forum titled "Common Security in the Islamic World" in Kuala Lumpur, Malaysia. In an interview published by CNN Thursday, Sept. 19, 2019, Zarif warned that any U.S. or Saudi military strike on Iran will result in "all-out war." It comes after U.S. Secretary of State Mike Pompeo called an attack on Saudi oil installations an "act of war." (AP Photo/Vincent Thian, File)
September 19, 2019 - 7:01 am
DUBAI, United Arab Emirates (AP) — Iran's foreign minister warned Thursday that any attack on his country over a drone-and-missile strike on Saudi Arabia's oil industry will result in "all-out war," further pushing up tensions across the Persian Gulf. The comments by Mohammad Javad Zarif represent...
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Chinese investors monitor stock prices at a brokerage house in Beijing, Thursday, Sept. 19, 2019. Shares were mixed in Asia on Thursday, with Tokyo and Sydney logging modest gains after the Federal Reserve cut its benchmark interest rate for a second time this year, citing slowing global economic growth and uncertainty over U.S. trade conflicts. (AP Photo/Andy Wong)
September 19, 2019 - 4:11 am
BANGKOK (AP) — Shares opened higher in Europe on Thursday after a mixed session in Asia following the Federal Reserve's decision to cut its benchmark interest rate for a second time this year. Germany's DAX edged 0.1% higher to 12,406.82 while the FTSE 100 in Britain advanced 0.2% to 7,331.84. In...
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FILE - In this Saturday, Sept. 14, 2019 file photo, a satellite image from Planet Labs Inc. shows thick black smoke rising from Saudi Aramco's Abqaiq oil processing facility in Buqyaq, Saudi Arabia. The assault on the beating heart of Saudi Arabia's vast oil empire follows a new and dangerous pattern that's emerged across the Persian Gulf this summer of precise attacks that leave few obvious clues of who launched them. (Planet Labs Inc via AP, File)
September 18, 2019 - 7:05 pm
DUBAI, United Arab Emirates (AP) — The Latest on tensions in the Persian Gulf (all times local): 10:00 p.m. U.N. Secretary-General Antonio Guterres says U.N. experts have already left for Saudi Arabia to investigate attacks on key Saudi oil installations. Saudi Arabia's Ministry of Foreign Affairs...
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Stock traders John Santiago, left, and Paul Cosentino work at the New York Stock Exchange, Wednesday, Sept. 18, 2019. The Federal Reserve is expected to announce its benchmark interest rate later in the day. (AP Photo/Mark Lennihan)
September 18, 2019 - 2:56 pm
Stocks declined broadly on Wall Street Wednesday afternoon after the Federal Reserve cut its benchmark interest rate for a second time this year. Investors expected the rate cut, but may have been disappointed by apparent disagreement among Fed officials about their future rate policy. In a...
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FILE - In this July 31, 2019, file photo Federal Reserve Chairman Jerome Powell speaks during a news conference following a two-day Federal Open Market Committee meeting in Washington. On Wednesday, Sept. 18, the Federal Reserve releases its latest monetary policy statement. (AP Photo/Manuel Balce Ceneta, File)
September 18, 2019 - 2:49 pm
WASHINGTON (AP) — The Latest on the Federal Reserve's monetary policy meeting (all times local): 2:40 p.m. President Donald Trump blasted the Federal Reserve Chair Jerome Powell as a "terrible communicator," after the U.S. central bank's rate cut was less generous than what Trump wanted. "Jay...
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Workers refuel the tank at a gas station in Jiddah, Saudi Arabia, Tuesday, Sept. 17, 2019. U.S. President Donald Trump declared Monday that it "looks" like Iran was behind the explosive attack on Saudi Arabian oil facilities. He stressed that military retaliation was not yet on the table in response to the strike against a key U.S. Mideast ally. (AP Photo/Amr Nabil)
September 18, 2019 - 1:51 pm
NEW YORK (AP) — The price of oil fell Wednesday after Saudi officials announced oil production halted by an attack on the heart of its oil industry would be fully restored within weeks. Prices continued to slide even as the Saudi military blamed Iran for the attacks and U.S. Secretary of State Mike...
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The Saudi military displays what they say are an Iranian cruise missile and drones used in recent attack on its oil industry at Saudi Aramco's facilities in Abqaiq and Khurais, during a press conference in Riyadh, Saudi Arabia, Wednesday, Sept. 18, 2019. (AP Photo/Amr Nabil)
September 18, 2019 - 12:46 pm
RIYADH, Saudi Arabia (AP) — Saudi Arabia alleged Wednesday an attack by drones and cruise missiles on the heart of the kingdom's oil industry was "unquestionably sponsored by Iran," naming but not directly accusing Tehran of launching the assault. Iran denies being involved in the attack claimed by...
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September 18, 2019 - 11:32 am
SOFIA, Bulgaria (AP) — Bulgaria has signed 1.1 billion-euro construction contract ($1.2 billion) with a Saudi-led group for a natural gas pipeline that would link to the TurkStream pipeline project. The contract inked on Wednesday is for a 474-kilometer (296-mile) pipeline that would run from...
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A woman stands near an electronic stock board showing Japan's Nikkei 225 index at a securities firm in Tokyo Wednesday, Sept. 18, 2019. Asian stock prices rose Wednesday after oil prices fell back and Wall Street advanced. (AP Photo/Eugene Hoshiko)
September 18, 2019 - 8:24 am
BEIJING (AP) — Global stocks were little changed Wednesday as investors watched for a U.S. Federal Reserve decision on a possible interest rate cut and as oil prices eased on hopes for a quick recovery in Saudi oil supplies. Benchmarks in London, Frankfurt and Shanghai advanced while Tokyo and Hong...
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