Two senior U.S. officials visited Saudi Arabia for talks this week

WASHINGTON, May 26 (Reuters) - Two senior U.S. officials visited Saudi Arabia this week for talks that included global energy supplies, Iran and other regional issues, the White House said on Thursday. Meeting senior Saudi officials in Riyadh were Brett McGurk, Biden's top White House adviser on the Middle East,...
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Washington Examiner

G-7 pressures OPEC for more oil to tame prices

The Group of Seven is putting pressure on OPEC to change course and produce more oil to tame the unrelentingly high crude prices that are pushing fuel costs to record highs. OPEC+, which includes nonmember Russia, has committed to raising output modestly for consecutive months, but the cartel, and the Saudis, too, have concluded the market is balanced and declined to be more aggressive.
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Your turn: Let's be rational about electric vehicles

Similar to most Americans, the high cost of gasoline is something I must consider as I move across the country. Either by car or airplane, it just costs more to get around. Like clockwork, gas prices are also becoming politicized. Republicans want to blame President Biden, and the White House is trying to offer solutions that will do little to bring down gas prices. After all, the cost of a gallon of gas is mostly reflective of the price of a barrel oil, which is set on world markets and affected by everyone from the Saudis to Russian President Vladimir Putin.

Opinion: Jack Nicklaus lawsuit reveals a Golden Bear in danger of becoming tarnished

COLUMBUS — Jack Nicklaus likes to talk and be talked about. But not like this. Not when the Golden Bear is getting tarnished by his words and behind-the-scenes workings. The latest example of Nicklaus receiving negative feedback focuses on a breach of contract lawsuit brought May 13 in the Supreme Court of New York against the Upper Arlington native by Nicklaus Companies, LLC, which claims the 82-year-old golf legend failed to provide services and property through a deal for which he was paid $145 million in 2007.

"Snip snap" What is going on with Jason Kokrak's Saudi sponsorship?

When you go back to the beginning of the Saudi-backed league murmerings, Jason Kokrak stood out. There was so much smoke and mirrors. Whispers behind the scenes. Talk of non-disclosure agreements. We're not too sure what the chatter was behind the scenes with the players was truly like. Rory McIlroy...

Saudi Arabia Says It Has Done All It Can for the Oil Market

Saudi Arabia’s foreign minister said there’s nothing more the kingdom can do to tame oil markets, implying that the world’s biggest crude exporter has no plan to accelerate its gradual production increases. “As far as we are aware there is no shortfall of oil,” Prince Faisal bin...

Carnival in Talks on Possible Sale of Seabourn Brand

Carnival Corporation is in talks with a Saudi investment fund to sell its ultra-luxury cruise brand Seabourn. That same investment fund, the Saudi sovereign wealth fund, already has a stake of 5.1% in Carnival Corporation, which it purchased during the height of the pandemic. There had been rumors that Carnival...