North Africa/Middle East
Saudi Arabia is talking with unnamed foreign investors about selling stakes in Aramco, with options that include a 1% acquisition by a leading global energy company, according to the kingdom’s crown prince, the Wall Street Journal reported. Crown Prince Mohammed bin Salman, the kingdom’s de facto ruler and chairman of Saudi Arabian Oil Co., as Aramco is officially known, said that an announcement would come in the next year or two.
The giant cargo carrier blocking the Suez Canal was finally on the move Monday afternoon, nearly a week after it wedged sideways, causing billions of dollars worth of damage to global trade, the Washington Post reported. A fleet of tugboats worked through the night to take advantage of a full moon that led to the highest tide all month, helping to lift the boat. As of Monday morning, the Ever Given had been 80 percent refloated, the Suez Canal Authority said in a statement.