Whiting Petroleum Corp. (NYSE:WLL), the largest oil producer in North Dakota, has announced that it will suspend all fracking in the state and cut its budget for this year by 80 percent. Source Oil Price
President Donald Trump said on Tuesday the United States is considering a request from Poland for a permanent U.S. military presence in the fellow NATO country, acknowledging that he shares Poland’s concerns about possible Russian aggression. Source: Reuters
Russia’s Vladimir Putin has taken a more conciliatory tone, after his Defense Ministry held Israel “completely” accountable for a jet shot down over Syria. Putin spoke of a “tragic chain of accidental circumstances.” Source: Deutsche Welle
South Korean President Moon Jae-in and North Korean leader Kim Jong Un announced a sweeping set of agreements after their second day of talks in Pyongyang on Wednesday that included a promise by Kim to permanently dismantle the North’s main nuclear complex if the United States takes corresponding measures, the acceptance of international inspectors to monitor the closing of a key missile test site and launch pad and a vow to work together to host the Summer Olympics in 2032. Source: Agence France Presse
