The Organization of the Petroleum Exporting Countries (OPEC) has offered Russia to become its member, but Russia will remain an observer in the group, Rosneft CEO Igor Sechin has said. Due to climate, Russia is unable to regulate oil production swiftly, he added. Source: Tass
India’s monthly oil imports from Iran plunged to their lowest in a year in November with Tehran dropping two places to become only the sixth biggest supplier after New Delhi cut purchases due to the impact of U.S. sanctions, according to ship tracking data and industry sources. Source: Reuters
With France still reeling from the Strasbourg terrorist shooting, the government has called on the “yellow vest” protest movement to cancel its next rally. Meanwhile, a protester has died after being hit by a truck. Source: Deutsche Welle
Yemen’s warring sides agreed on Thursday to a ceasefire for the flashpoint city of Hodeidah and its surrounding governorate, a major breakthrough that could end what the UN calls the “world’s worst humanitarian crisis”. Source: Al Jazeera
