France’s Prime Minister Manuel Valls has urged EU countries to “properly” control their borders, saying the Schengen zone could be in danger. Valls also warned that Europe’s prized Schengen zone would be “called into question… if Europe does not take responsibility” for its borders. Source: DW
The Saudi-led Arab military coalition destroyed on Wednesday two boats of the Iran-aligned Houthi rebels threatening a commercial oil tanker in the Red Sea, the United Arab Emirates’ (UAE) state news agency WAM reports. Source: Oil Price
Gazprom has dodged a fine in the settlement of the seven-year-long antitrust dispute with the European Union (EU), after the Russian gas giant agreed to change market behavior and ensure competitive gas prices in Central and Eastern Europe. Source: Oil Price
Shell has made a large deepwater exploration discovery in the U.S. Gulf of Mexico, just 13 miles from its Appomattox project that is expected to start production by the end of 2019, the oil major said on Thursday. Source: Oil Price
