Bloomberg Business

Iraqi Oil Shutdowns Worsen as Gulf Keystone Cuts Output

Gulf Keystone Petroleum Ltd. will become the latest oil producer in Iraqi Kurdistan to cut production, as a legal spat between the region’s government and Baghdad that’s pushed up crude prices drags on.

South Africa Pushes to Delay Coal Plant Closures

South Africa has told rich countries backing its $8.5 billion energy transition deal that it wants to delay the closure of some units at its coal-fired power plants, people familiar with the situation said.

Israel Defense Minister Fired by Netanyahu Seeks to Stay On

A senior Israeli cabinet minister fired by Prime Minister Benjamin Netanyahu for seeking a halt to a judicial overhaul is still on the job and may stay on as politicians grapple with the fallout of chaos that gripped the country this week.

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