EnergyHighPartialAccelerating
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Oil nears $100 as Houthi attacks hit Saudi energy facilities
Guardian WorldLO·SA · YE · GB·about 5 hours ago
Delta International Company, a Saudi oil firm, signed a 25-year contract with the Taliban regime to explore and extract oil and gas over 22,000 sq km in western Afghanistan, valued at $200 million. The deal marks a significant foreign investment in Taliban-controlled Afghanistan, potentially legitimizing the regime and shifting regional energy dynamics. Details on production timelines and revenue-sharing remain unclear.
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