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Biden orders unprecedented use of oil stockpile to combat US fuel prices

Biden orders unprecedented use of oil stockpile to combat US fuel prices

President Joe Biden will announce Thursday a record release from US strategic oil reserves in an attempt to curb a politically damaging surge in domestic fuel prices following Russia's attack on Ukraine, the White House said.

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Ramadan prayers return to Istanbul's Hagia Sophia mosque after 88 years

Ramadan prayers return to Istanbul's Hagia Sophia mosque after 88 years

"Tarawih" prayers which Muslims perform every night during the holy month of Ramadan, are returning to Istanbul's Hagia Sophia mosque for the first time in 88 years, the country's top religious body announced on Thursday.

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Blue Origin launches its fourth crew to final frontier

Blue Origin launches its fourth crew to final frontier

Jeff Bezos' Blue Origin successfully carried out its fourth crewed spaceflight Thursday, a ten-minute joyride beyond the planet's atmosphere and back again.

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Far-right Le Pen closes in on French presidential favourite Macron

Far-right Le Pen closes in on French presidential favourite Macron

Steering clear of scandals and of debates about Ukraine, France's far-right leader Marine Le Pen is gaining ground ahead of a presidential election and increasingly confident she has a fighting chance of defeating incumbent Emmanuel Macron.

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UN urges donors to avert 'death spiral' for Afghans

UN urges donors to avert 'death spiral' for Afghans

Afghanistan's economy risks falling into a "death spiral" without urgent aid, with some Afghans already forced to sell their children and body parts to survive, UN chief Antonio Guterres said Thursday.

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Biden orders unprecedented use of US oil stockpiles to combat fuel prices

Biden orders unprecedented use of US oil stockpiles to combat fuel prices

President Joe Biden will announce Thursday the release of a record million barrels of oil a day, for about 180 days, from US strategic stockpiles in an attempt to dampen soaring fuel prices in the wake of Russia's attack on Ukraine, the White House said.

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Oil prices sink as US mulls tapping reserves; equities fall

Oil prices sink as US mulls tapping reserves; equities fall

Oil prices tumbled on Thursday on reports that the United States is considering tapping reserves to combat a supply crisis sparked by the Ukraine war.

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Biden set to order record release of US oil reserves: reports

Biden set to order record release of US oil reserves: reports

President Joe Biden was expected Thursday to announce the release of a record million barrels of oil a day from US strategic stockpiles in a dramatic attempt to cushion the political fallout from soaring crude prices due to Russia's invasion of Ukraine.

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Ton-up McDermott propels Australia to 348-8 in second ODI

Ton-up McDermott propels Australia to 348-8 in second ODI

Ben McDermott smashed a maiden century Tuesday to guide Australia to a massive 348-8 in the second day-night international against Pakistan in Lahore.

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Premier League to introduce five subs from next season

Premier League to introduce five subs from next season

Premier League clubs will be able to make five substitutions from the 2022/23 season after they belatedly agreed to the rule change on Thursday.

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