It reiterated that pilgrims require a Haj visa and it can be obtained through recognised official channels
Turkish President Abdullah Gul said on Monday the “worst-case scenarios” between his country and Syria were now playing out, fuelling concerns that the 18-month-old conflict in Syria may spread to other countries in the region.
“There are latent supply risks on the oil market since Turkey might become involved in the conflict in Syria, which would affect key oil transport routes,” said a Commerzbank research note.
Brent futures rose 54 cents to $112.36 by 1049 GMT. US crude climbed 31 cents to $89.64, also rebounding after two consecutive sessions of declines.
OPEC’s biggest producer, Saudi Arabia, has raised output to a 30-year high of 10 million barrels per day (bpd) - helping to compensate for the cut in exports from Iran.
And Oil Minister Ali al-Naimi said on Tuesday Saudi Arabia would continue to pump at around that rate this month. The veteran oil minister said oil prices were still too high and Riyadh would like it to fall towards $100.
More supply is also on the way from neighbouring Iraq, OPEC’s second biggest producer after Saudi. Exports this month are expected to rise above 2.8 million bpd, the highest in decades, and output is on course to more than double by 2020.
A poor outlook for the global economy is keeping a lid on oil price gains.
The International Monetary Fund cut its global growth forecast for the second time since April and warned US and European policymakers that failure to fix their economic ills would prolong the slump.
For 2012, the IMF now expects global output to grow just 3.3 percent, down from its July estimate of 3.5 percent, making it the slowest year of growth since 2009.
It predicted only a modest pickup next year to 3.6 percent, below its July estimate of 3.9 percent.
Growth in China’s economy, the world’s second-biggest, will slow to 7.8 percent this year from 9.2 percent in 2011, the IMF said, warning of risks to emerging Asia if the euro zone crisis worsens and the United States does not avoid its “fiscal cliff”.
It reiterated that pilgrims require a Haj visa and it can be obtained through recognised official channels
The 18-year-old was taken to hospital in a serious condition
The brothers, who say they are innocent, are accused of having formed an organised criminal network in early 2021 in Romania, as well as in the US and Britain
The left-handed batter scored 3369 runs in 136 one-day internationals and 2893 in 140 Twenty20 internationals — both Pakistan records
Food supplies were distributed to 80 households
On January 31, a heart was airlifted from Delhi to Chennai, paving the way for Ayesha Rashid's life-saving surgery
The online retailer, which is headquartered in Singapore, has said it has around 108 million monthly active users in the 27-nation EU
The baby girl named Rouh, meaning Soul, suffered respiratory problems and a weak immune system, a doctor at the Emirati Hospital in Rafah said