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Turkish President Erdogan receives Shell CEO for talks

WASHINGTON: Turkish President Recep Tayyip Erdogan received British oil major Shell’s Chief Executive Officer Wael Sawan on Monday for talks.

The closed-door meeting at the presidential palace in the capital Ankara came after Turkish state energy com…

Oil prices drop as Middle East cease-fire talks intensify

ANKARA: Oil prices fell on Monday as growing efforts to secure a cease-fire in the Middle East, which holds a significant portion of the world’s oil reserves, eased supply concerns.

International benchmark Brent crude slipped 0.4% to $76.64 per barre…