Riyadh / WAM Arab coalition has intercepted terrorist Houthi militia’s latest attacks targeting Saudi civilian objects and economic installations. Brigadier General Turki Al-Malki, the Official Spokesperson of the Coalition to Restore Legitimacy in Yemen, has said that the Houthi militia has escalated its hostile, cross-border attacks towards the Kingdom last night and earlier this morning, targeting civilian objects and …

Bloomberg The world’s three biggest oilfield service providers are halting future work in Russia in response to President Vladimir Putin’s invasion of Ukraine, announcing their decisions separately and within 24 hours of each other. Baker Hughes Co said it’s suspending new investments in Russia operations but continuing with existing work there, according to a statement. That followed a similar statement …

Bloomberg European Union leaders may hold off on endorsing intervention in the bloc’s wholesale energy market as member states are divided on the most effective emergency options to curb soaring power and gas prices, exacerbated by Russia’s invasion of Ukraine. Instead, at a summit in Brussels, the EU heads of government may agree on immediate actions to replenish depleted natural …