20, November 2021
Russian fleet of diesel tankers heading to US amid fuel crisis 0
A Russian fleet of tankers, carrying the most substantial amount of diesel to the United States in recent years, is heading to the US East Coast to help alleviate a fuel shortage that has led to the soaring of prices in the country to a seven-year high.
A fleet of four tankers laden with 2 million barrels of Russian diesel are set to arrive in New York, New Haven, and Connecticut next week, Bloomberg reported, citing data from energy cargo-tracking agency Vortexa.
“Russia is better positioned to supply diesel than other refiners in Europe because of its access to cheap natural gas,” said Clay Seigle, a managing director for Vortexa in Houston.
“It’s very rare we’d see volumes this large coming to the East Coast,” he added.
The Russian shipment of diesel is heading to the US at a time when stockpiles in the East Coast, the largest US importing region, are close to the lowest seasonally since 2017.
US imports of European gasoline hit a nine-month low in October. The price of diesel and other fuels have skyrocketed across the globe since energy demand has been back with the world economy reopening but supply simply has not kept up.
Deliveries of European gasoline to the US plunged last month by 51% month-on-month to about 202,000 barrels per day, the lowest monthly tally since January.
Europe is also facing an energy crisis as natural gas prices have more than tripled there.
Russian President Vladimir Putin said last month that his country could help ease Europe’s natural gas shortage. But Russian supplies have so far not been enough as a Russian pipeline, the Nord Stream 2, is held up by permitting delays in Germany. Germany on Tuesday suspended the approval process for the pipeline project.
Source: Presstv



















22, November 2021
Israel’s Netanyahu obsessed with image, court told 0
Israel’s former prime minister Benjamin Netanyahu sought “total and complete” control over his media image, his ex-spokesman told the graft trial of the veteran leader on Monday.
“If we use the term ‘control freak,’ he is much more than that,” said Nir Hefetz. “In everything relating to the media, he demands to know everything, down to the smallest detail.”
The testimony of Hefetz, seen as a key prosecution witness in Israel’s highest-profile trial, had been postponed from last week at the request of Netanyahu’s legal team.
Netanyahu — who was Israel’s longest serving prime minister, including a record 12-year tenure from 2009 to 2021, and now head of the opposition — has been charged with bribery, fraud and breach of trust.
The indictments collectively accuse him of accepting improper gifts and illegally trading regulatory favour with media moguls in exchange for positive coverage.
Hefetz said in his district court testimony that Netayahu’s “control over everything relating to media matters and his social media channels could not be higher”.
“Netanyahu spends at least as much as his time on media as he spends on security matters, including on matters an outsider would consider nonsense.”
The session focused on Netanyahu allegedly granting favours to Shaul Elovitch, then-head of Israel’s largest telecom company, Bezeq, in exchange for favourable coverage by its Walla news website.
Netanyahu is accused of offering regulatory benefits that could have been worth millions to the company in return for the politically advantageous coverage.
Hefetz said that in 2015, shortly before elections, Elovitch contacted him regularly to lobby for governmental approval of his group’s merger with cable TV operator Yes, and to find out who would be the next communications minister.
“I think he (Elovitch) was thinking at the time: who knows who will win; so the Yes deal had to be signed first,” Hefetz said.
Netanyahu left after the first few hours of testimony Monday after receiving permission from the court.
Source: AFP