Financial Times - oil producers spring surprise output cut of more than 1mn barrels a day

Summary of the front page

The Financial Times splashes on the revelations from oil producing nations that they will be cutting back production by more than a million barrels a day.

According to the paper, the move has put Saudi Arabia on a “collision course” with the US as it attempts to boost prices.

Today's top stories

1782795612 5 Post Label Image Option 1 1780213226

Iran exits World Cup but finds warmth in Mexican hospitality

Iran’s football team concluded their World Cup campaign in Tijuana, Mexico, receiving a warm farewell from local fans. Despite being eliminated from the tournament, the team’s interactions with supporters fostered a mutual respect, highlighted by their gratitude for hospitality amid challenging logistical conditions during the event.

gettyimages 2276585881

Trump nominates Keith Sonderling as permanent labour secretary

President Trump has announced the nomination of Keith Sonderling for the permanent role of Secretary of Labor, following the departure of Lori Chavez-DeRemer in April. Sonderling, previously the deputy secretary, requires Senate approval for this role.

Like this article?

Leave a comment

From our sponsors
Advertisement
Advertisement