Saudi Arabia – One America News Network

Oil prices fall 2% to 3-week low on strong US dollar, profit taking

Oil prices fell about 2% on Monday to a three-week low as a higher-priced Brent contract expired, the U.S. dollar strengthened and traders took profits.

PGA Tour Ron Price and PGA Tour Policy Board member Jimmy Dunne are sworn in during a Senate Homeland Security Subcommittee on Investigations hearing examining the business deal between the PGA Tour and the Public Investment Fund of Saudi Arabia's LIV Golf on Capitol Hill July 11, 2023 in Washington, DC. In early June, the PGA Tour and LIV Golf announced plans for a framework agreement to create a new global golf entity, which will be heavily funded by Saudi Arabia's Public Investment Fund. (Photo by Drew Angerer/Getty Images)

Senate scrutinizes PGA Tour-LIV Golf merger in key hearing

The PGA Tour defended its decision to merge with LIV Golf in front of the Senate early on Tuesday morning.

An Iraqi man herds his water buffalos on the Shatt al-Arab river next to the Nahr Bin Omar oil field and facility near Iraq's southern port city of Basra on April 4, 2023. - Major oil powers led by Saudi Arabia announced a surprise production cut of more than one million barrels per day on April 2, calling it a "precautionary" move aimed at stabilising the market. (Photo by Hussein FALEH / AFP) (Photo by HUSSEIN FALEH/AFP via Getty Images)

Saudi oil production cuts could spike gas prices

Oil cuts announced by Saudi Arabia have prompted fears that gas prices may be on the rise.

MILL VALLEY, CA - MARCH 03: A customer pumps gasoline into his car at an Arco gas station on March 3, 2015 in Mill Valley, California. U.S. gas prices have surged an average of 39 cents in the past 35 days as a result of the price of crude oil prices increases, scheduled seasonal refinery maintenance beginning and a labor dispute at a Tesoro refinery. It is predicted that the price of gas will continue to rise through March. (Photo by Justin Sullivan/Getty Images)

Saudi Arabia will reduce oil supply, higher gasoline prices to possibly hit U.S. soon

Saudi Arabia will reportedly be cutting back on the amount of oil it exports to the world economy in an effort to support the sagging price of crude after two earlier supply cuts by major oil-producing nations in the OPEC+ alliance failed to do so.

HEALTH-US-DRUGS-FENTANYL-CHINA-MEXICO Glassine pouches of confirmed fentanyl are displayed at the Drug Enforcement Administration Northeast Regional Laboratory October 8, 2019 in New York - According to US government data, about 32,000 Americans died from opioid overdoses in 2018. That accounts for 46 percent of all fatal overdoses. Fentanyl, a powerful painkiller approved by the US Food and Drug Administration for a range of conditions, has been central to the American opioid crisis which began in the late 1990s. (Photo by Don EMMERT / AFP) (Photo by DON EMMERT/AFP via Getty Images)

National Disabled Employment Awareness Month Highlights Need For Access And Inclusion

One America’s Jessamyn Dodd and California congressional candidate Christine Bish discuss disability legislation and the Fentanyl crisis.

WASHINGTON, DC - FEBRUARY 04: President Donald Trump delivers the State of the Union address House Speaker Rep. Nancy Pelosi (D-CA) and Vice President Mike Pence look on in the chamber of the U.S. House of Representatives on February 04, 2020 in Washington, DC. President Trump delivers his third State of the Union to the nation the night before the U.S. Senate is set to vote in his impeachment trial. (Photo by Mark Wilson/Getty Images)

Daily Feed 10/4/23

Jim Jordan might be the next House Speaker, while Donald Trump makes an appeal in his N.Y. Civil Case.

WASHINGTON, DC - JULY 25: U.S. Speaker of the House Kevin McCarthy (R-CA) speaks to reporters outside the Speakers Balcony at the U.S. Capitol Building on July 25, 2023 in Washington, DC. McCarthy held the media availability with reporters to discuss a potential impeachment inquiry against U.S. President Joe Biden that would focus on the Biden family's alleged financial misconduct. (Photo by Anna Moneymaker/Getty Images)

U.S. Turmoil: Global Perspective And Impact

The world is closely watching the U.S. political turmoil, witnessing historic events: The first-ever removal of a House Speaker, with 8 Republicans joining Democrats to make it happen.

ATLANTA, GEORGIA - AUGUST 24: Former U.S. President Donald Trump arrives to depart at Atlanta Hartsfield-Jackson International Airport after being booked at the Fulton County jail on August 24, 2023 in Atlanta, Georgia. Trump was booked on multiple charges related to an alleged plan to overturn the results of the 2020 presidential election in Georgia. (Photo by Joe Raedle/Getty Images)

Davis: Trump N.Y. Judge Has ‘Already Made Up His Mind’ On Case

45th President Trump blasts the New York judge presiding over his civil suit, Arthur Engoron, claiming he is a partisan actor who has predetermined that Trump is guilty.

Exclusive: Meta to lay off employees in metaverse silicon unit on Wednesday

Meta is planning to lay off employees on Wednesday in the unit of its metaverse-oriented Reality Labs division focused on creating custom silicon

FILE PHOTO: FTX founder Sam Bankman-Fried at U.S. Court in New York

Sam Bankman-Fried’s fraud trial gets under way with jury selection

Sam Bankman-Fried’s fraud trial got under way with jury selection on Tuesday, nearly a year after his now-bankrupt cryptocurrency exchange’s collapse.

U.S. attorney Damian Williams speaks to the media regarding the indictment of Samuel Bankman-Fried, the founder of failed crypto exchange FTX in New York City, U.S., December 13, 2022. REUTERS/David 'Dee' Delgado

The crypto market bears the scars of FTX’s collapse

The global cryptocurrency market remains badly scarred following the tumultuous collapse of crypto exchange FTX and other big players last year

A Tesla Model 3 vehicle drives on autopilot along the 405 highway in Westminster, California, U.S., March 16, 2022. REUTERS/Mike Blake/File Photo

Tesla owners must arbitrate false advertising claims over autopilot feature- ruling

A California federal judge has ruled people who own Tesla cars must pursue autopilot claims in individual arbitration rather than court.