Oil prices have rallied to a 14-year high of $139 a barrel after Russia’s invasion of Ukraine.

Oil prices have rallied to a 14-year high of $139 a barrel after Russia’s invasion of Ukraine.
Eighty-six year-old monarch was taken to a hospital for unspecified tests in the Red Sea city of Jeddah.
Coalition says 108 detainees were flown on Friday from Saudi Arabia to the southern Yemeni city of Aden.
The oil cartel has struggled for months to revive oil supplies halted during the coronavirus pandemic.
Saudi Arabia records fastest economic growth rate in a decade as oil sector fuels a 9.6 percent rise in first quarter.
Saudi Arabia will discuss the option of extending the terms of $3bn deposit in Pakistani bank, a joint statement says.
Saudi officials say the move is aimed at solidifying a two-month truce that went into effect in early April.
Meeting is the culmination of months of efforts to mend ties, as Turkey seeks to alleviate its economic woes.
Agreement will provide about $32m for projects focusing on food security and the battered healthcare system.
Both sides express hope talks could ease bilateral, regional tensions, but downplayed expectations of breakthrough.
The Tesla owner has questioned Saudi Arabia’s role at the tech company after prince ‘rejects’ proposed purchase.
Tehran says deal contravenes ‘previously held negotiations’ and it ‘reserves its right to exploit’ the field.
Improvement in relations between Lebanon and Gulf nations including Saudi Arabia come before May’s general elections.
Signs of warming ties emerge amid Turkish diplomatic drive that coincides with major economic crisis.