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Saudis Snub Obama On Riyadh Arrival Amid Growing Tensions
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Oil Rises As Kuwaiti Strike Cuts Output For Third Day
Oil prices jumped more than 3 percent on Tuesday after a strike by workers in Kuwait nearly halved the OPEC member's crude production, overshadowing bearish sentiment after Sunday's failure by producers to agree to freeze output levels. Thousands of Kuwaiti oil workers remained on strike for a third day on Tuesday to protest against planned public sector pay reform, cutting crude output to 1.5 ... Read News
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