Oil likely to stay below $100 in 2023

Global banking majors expected prices to stay in the mid-$80s The price of crude oil is not expected to reach $100 a barrel this year due to factors such as a lower possibility of Opec+ implementing deeper supply cuts and China’s record-high crude oil stocks, oil market pundits say. While Brent crude, which serves as…

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Wagner mercenaries in Belarus move closer to the Polish border, Poland’s prime minister says

WARSAW, Poland: Over 100 mercenaries belonging to the Russian-linked Wagner group in Belarus have moved close to the border with Poland, the Polish prime minister said Saturday.Mateusz Morawiecki said at a news conference that the mercenaries had moved close to the Suwalki Gap, a strategic stretch of Polish territory situated between Belarus and Kaliningrad, a…

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Helicopter crash pauses Australia-US military exercise, four missing

BRISBANE, Australia: Australia paused a major military exercise with the United States on Saturday, after a defense helicopter taking part in the drills crashed into the Pacific leaving four aircrew missing.Australia’s Defense Minister Richard Marles said the MRH-90 Taipan went down late Friday night in sub-tropical waters near Hamilton Island, Queensland.It had been taking part…

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Radical British preacher Anjem Choudary is charged with directing a terrorist organization

LONDON: High-profile British radical preacher Anjem Choudary appeared in a London court on Monday, charged with leading a terrorist organization.Choudary, 56, was charged Sunday with three counts under the Terrorism Act: directing a terrorist organization, membership in a banned organization and addressing meetings to encourage support for the organization between June 2022 and this month.Prosecutors…

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