Tag: cuts
-
U.S. and Saudi officials trade shots over OPEC cuts, testing longstanding ties
An escalating feud between the U.S. and Saudi Arabia got even hotter Thursday in a tense back-and-forth over President Biden’s accusations that a Saudi-approved cut in global oil production was a gift to Russian President Vladimir Putin and a response from the oil-rich kingdom that it would not be bullied. While analysts said the rare…
-
Ukraine’s nuclear power plant shutdown cuts risks
KYIV, Ukraine — The forced shutdown of Ukraine’s endangered and crippled Zaporizhzhia nuclear power plant – Europe’s largest – significantly reduces the risk of a radiation disaster that has haunted the world for weeks. The last of the Russian-occupied Zaporizhzhia plant’s six nuclear reactors was shut down Sunday because Russia’s military actions in Ukraine had…