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‘Sliding into catastrophe’

  AWEIL / AP Two months after the world’s youngest nation declared a famine amid its civil war, hunger has become more widespread than expected, aid workers say. South Sudan’s Northern Bahr el Ghazal region is on the brink of starvation, with 290,000 people at risk of dying without sustained food assistance. Humanitarian workers say conditions will only deteriorate as the ...

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China opens delayed Myanmar pipeline for faster Mideast oil

  Bloomberg A crude pipeline to southwestern China through its neighbour Myanmar began operations after years of delays, allowing the world’s second-biggest oil user to receive supplies faster from the Middle East and Africa. A Suezmax-sized tanker, which can hold 140,000 metric tons (about 1 million barrels) of crude, began offloading oil for the pipeline at Myanmar’s Made Island, according ...

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Oil holds longest run of gains this year before US supply data

Bloomberg Oil traded near $53 a barrel, holding its longest winning streak this year before US government data forecast to show record crude stockpiles declined. Futures were little changed in New York after rising 5.7 percent in the previous five sessions. Inventories probably dropped by 1.5 million barrels last week, according to a Bloomberg survey before an Energy Information Administration ...

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