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Saudi Arabia Agrees To Pump More Oil to Maintain Balance

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Saudi Arabia Agrees To Pump More Oil to Maintain Balance

[vc_row][vc_column][vc_column_text]Following US suggestion to be ready to produce more oil for filling vacuum after closure of Iranian oil export, Saudi Arabia’s cabinet on Tuesday endorsed the kingdom’s readiness to pump more oil to maintain market balance and stability, the official Saudi Press Agency (SPA) said.

A statement issued after the cabinet meeting chaired by King Salman said, “The kingdom is prepared to utilise its spare production capacity when necessary to deal with any future changes in the levels of supply and demand.”

On Saturday, US President Donald Trump said Saudi Arabia’s King Salman has agreed to his request to increase oil output “maybe up to” two million barrels.[/vc_column_text][vc_raw_html]JTNDYmxvY2txdW90ZSUyMGNsYXNzJTNEJTIydHdpdHRlci10d2VldCUyMiUyMGRhdGEtbGFuZyUzRCUyMmVuJTIyJTNFJTNDcCUyMGxhbmclM0QlMjJlbiUyMiUyMGRpciUzRCUyMmx0ciUyMiUzRUp1c3QlMjBzcG9rZSUyMHRvJTIwS2luZyUyMFNhbG1hbiUyMG9mJTIwU2F1ZGklMjBBcmFiaWElMjBhbmQlMjBleHBsYWluZWQlMjB0byUyMGhpbSUyMHRoYXQlMkMlMjBiZWNhdXNlJTIwb2YlMjB0aGUlMjB0dXJtb2lsJTIwJTI2YW1wJTNCJTIwZGlzZnVuY3Rpb24lMjBpbiUyMElyYW4lMjBhbmQlMjBWZW5lenVlbGElMkMlMjBJJTIwYW0lMjBhc2tpbmclMjB0aGF0JTIwU2F1ZGklMjBBcmFiaWElMjBpbmNyZWFzZSUyMG9pbCUyMHByb2R1Y3Rpb24lMkMlMjBtYXliZSUyMHVwJTIwdG8lMjAyJTJDMDAwJTJDMDAwJTIwYmFycmVscyUyQyUyMHRvJTIwbWFrZSUyMHVwJTIwdGhlJTIwZGlmZmVyZW5jZS4uLlByaWNlcyUyMHRvJTIwaGlnaCUyMSUyMEhlJTIwaGFzJTIwYWdyZWVkJTIxJTNDJTJGcCUzRSUyNm1kYXNoJTNCJTIwRG9uYWxkJTIwSi4lMjBUcnVtcCUyMCUyOCU0MHJlYWxEb25hbGRUcnVtcCUyOSUyMCUzQ2ElMjBocmVmJTNEJTIyaHR0cHMlM0ElMkYlMkZ0d2l0dGVyLmNvbSUyRnJlYWxEb25hbGRUcnVtcCUyRnN0YXR1cyUyRjEwMTMwMjM2MDgwNDA1MTM1MzclM0ZyZWZfc3JjJTNEdHdzcmMlMjU1RXRmdyUyMiUzRUp1bmUlMjAzMCUyQyUyMDIwMTglM0MlMkZhJTNFJTNDJTJGYmxvY2txdW90ZSUzRSUwQSUzQ3NjcmlwdCUyMGFzeW5jJTIwc3JjJTNEJTIyaHR0cHMlM0ElMkYlMkZwbGF0Zm9ybS50d2l0dGVyLmNvbSUyRndpZGdldHMuanMlMjIlMjBjaGFyc2V0JTNEJTIydXRmLTglMjIlM0UlM0MlMkZzY3JpcHQlM0UlMEE=[/vc_raw_html][vc_column_text]Saudi Press Agency reported that both leaders also discussed “efforts by the oil-producing countries to compensate for any potential shortage in supplies.”

Read More: US asks nations to stop Iranian oil import by Nov.4 or face sanctions

Trump’s claim comes after the Organization of the Petroleum Exporting Countries (OPEC), a grouping of oil-producing states that includes Saudi Arabia, already agreed to ramp up production by a million barrels a day at a meeting earlier this month.

According to Organisation of Petroleum Exporting Countries (OPEC), Saudi Arabia produces approximately 10 million barrels of crude per day. The US Energy Information Administration label Saudi Arabia as the world’s top oil exporter and has usually kept at least 1.5 million to two million barrels per day of spare capacity.

The Trump administration has on June 26 asked international community to cut all imports of Iranian oil before November 4, when the US re-imposes sanctions against that country. Trump has withdrew from a 2015 multilateral nuclear deal signed by Iran and P5+1, five permanent members of UNSC plus Germany.

Read More: India under US pressure to cut oil imports from Iran, Govt says exploring all options

Washington has been pressing allies in Europe, Asia and the Middle East, including Saudi Arabia, to adhere to the sanctions, which are aimed at pressuring Iran to negotiate a new agreement to halt its nuclear programmes.

Saudi Arabia Agrees To Pump More Oil to Maintain Balance

Meanwhile, Iran’s President Hassan Rouhani, has once again on Tuesday, lashed out American officials for threatening to stop Iran’s oil exports, saying they would never be able to carry out such a threat. He made these remarks in Bern in a joint press conference with his Swiss counterpart Alain Berset.

He said, “The US [officials’] statement in this regard is unilateralism…and a breach of all international rules and regulations in energy and trade sectors.”  He added that it is “incorrect and unwise” to think that “one day all oil producing countries would export their surplus oil and Iran would be the only country that cannot export its oil.”

Read More:  US urge Security Council to punish Iran for malign behaviour

President Rouhani also reaffirmed his country’s stance on Iran nuclear deal known as JCPOA after US withdrawal, saying that Tehran would stay in the deal as long as its interests are preserved.

On Sunday, Iran’s Vice President Eshaq Jahangiri said that the country was considering oil exports by the private sector in a bid to thwart US sanctions. He said, “The target of the US is firstly [to cut down Iran’s] oil [sales]. They want Iran’s oil not to be sold, which is impossible and such measures are taken in line with a psychological war.”[/vc_column_text][/vc_column][/vc_row]

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Trump says Republicans would have won US midterms if he was on ballot

US President Donald Trump claimed Republicans would have won the 2026 midterm elections in a landslide if he had been on the ballot, as Democrats made significant gains in key congressional contests.

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US President Donald Trump has reacted to the Republican Party’s setbacks in the 2026 US midterm elections, claiming that the party would have secured a landslide victory if he had been on the ballot.

Trump made the remark as Democrats registered significant gains in congressional contests, putting Republican control of Congress under pressure.

The November 3 midterm elections were widely seen as an important test of Trump’s presidency, with all 435 seats in the House of Representatives and 35 Senate seats up for election.

According to Trump’s assessment, his presence on the ballot would have changed the outcome for Republicans.

The President’s remarks came after Democrats made significant advances in several closely watched races, challenging Republican control of both chambers of Congress.

Democrats make gains in key congressional races

The election results indicated a strong performance by Democrats in several important contests.

In the Senate, Democrats flipped multiple Republican-held seats, including victories in Texas, South Carolina and Ohio. In the House of Representatives, Democratic candidates also defeated several Republican incumbents, bringing the party closer to securing a majority.

The developments raised the possibility of Democrats taking control of both chambers, although some contests were still being counted.

A change in congressional control would have significant implications for Trump’s remaining presidential term, potentially making it more difficult for his administration to advance its legislative agenda.

Why the 2026 US midterm elections matter

The US midterm elections take place halfway through a president’s four-year term. Unlike presidential elections, voters elect members of Congress, including representatives and a portion of the Senate.

The elections are particularly important because the party controlling Congress has considerable influence over legislation, government spending and oversight of the administration.

For Trump, the 2026 elections were a major political test as Republicans sought to maintain their congressional majorities.

Democratic gains could change the political balance in Washington during the final two years of his presidency.

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Trump approval rating near record low at 32% ahead of US midterms

US President Donald Trump’s approval rating remained at 32% ahead of the congressional midterm elections, just above his record-low reading of 31% recorded two weeks earlier, according to a nationwide poll.

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US President Donald Trump’s approval rating remained close to its lowest level ahead of Tuesday’s congressional midterm elections, with a nationwide poll indicating that a significant section of American voters viewed their ballots as an opportunity to express opposition to the Republican leader.

According to the latest poll completed on Monday, November 2, only 32% of respondents approved of the job Trump was doing as President. The figure was unchanged from the previous week and just one percentage point above his record-low reading of 31%, recorded two weeks earlier.

The findings come as Republicans seek to retain their majorities in Congress, with all 435 seats in the House of Representatives up for grabs and several closely contested races expected to shape the Senate.

Although Trump himself is not on the ballot, his presidency has emerged as a significant factor in the midterm elections.

Democrats lead Republicans in nationwide congressional preference

The poll found that Democrats held an eight-percentage-point advantage over Republicans when respondents were asked which party they preferred to see in charge of Congress.

Around 46% of respondents favoured Democrats, compared with 38% who preferred Republicans.

However, the Democratic lead was narrower than the 11-percentage-point advantage recorded in a similar poll conducted a week earlier.

The so-called generic ballot question provides an overall indication of voters’ preferences between the two parties for control of Congress. However, it does not account for differences between individual states and congressional districts, which ultimately determine the composition of the House and Senate.

Political strategists from both parties believe Democrats have a stronger opportunity to take control of the House of Representatives. Their prospects in the Senate are considered more difficult, with the party facing challenges in states including Alaska and Michigan.

Half of independent voters see their vote as opposition to Trump

The survey also highlighted the extent to which Trump is influencing voters’ decisions despite not contesting the election himself.

Among registered independent voters, 50% said they viewed their congressional vote as a vote against Trump.

In comparison, 13% said their vote was in support of the President, while 33% said Trump was not a factor in their voting decision.

These findings indicate that voters’ views of the President are an important consideration for a section of the electorate heading into the congressional elections.

Rising cost of living emerges as a major election issue

Economic concerns, particularly the rising cost of living, featured prominently in the poll.

Around 78% of respondents said the cost of living would be either a very important or the most important issue in determining their voting decisions.

When asked which party was better equipped to handle the issue, 43% chose Democrats, compared with 32% who favoured Republicans.

The poll also pointed to concerns over rising fuel prices following the US military campaign against Iran, which began in February.

The increase in fuel prices has added to the economic challenges facing the Trump administration ahead of the elections.

Democrats report greater enthusiasm about voting

The survey also found a difference in voting enthusiasm between supporters of the two major political parties.

Around 49% of Democratic voters said they were very enthusiastic about voting in the midterm elections.

Among Republican voters, the corresponding figure stood at 33%.

The difference in enthusiasm is an important factor for both parties as they seek to mobilise their supporters and secure votes across the country.

The latest poll surveyed 1,765 US adults online and had a margin of error of two percentage points.

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Two helicopters collide while landing in Nepal, one Indian killed

Two helicopters struck each other while approaching a heliport near Mount Everest in Nepal. One Indian national died, while another person was taken to hospital with injuries.

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An Indian national was killed and another person injured after two helicopters collided while attempting to land at a high-altitude heliport in Nepal’s Solukhumbu district, near Mount Everest.

Nepal Police confirmed the incident in a post on X. The heliport is located around 250 km from Kathmandu, the country’s capital. The deceased was identified as Vasanth Kumar Balaramaramadu, an Indian national, according to a report by Kathmandu Post.

The accident came into public attention after a video purportedly showing the collision circulated on social media. The footage appears to show the rotor blades of the two helicopters striking each other shortly before landing, following which both aircraft fall onto the icy ground.

However, the authenticity of the video has not been independently verified by report.

Nabin Raja Budhathoki, who is in charge of Solukhumbu district police, told AFP that one foreign national had died at the scene, while another injured person had been taken to hospital.

Helicopters play an important role in Nepal, transporting tourists, mountaineers and supplies across its mountainous terrain. They are also used for emergency evacuations.

Nepal has eight of the world’s 14 highest mountains and receives thousands of foreign climbers and trekkers every year. Flying in these high-altitude areas presents considerable challenges.

At higher elevations, thinner air gives helicopter rotor blades fewer air molecules to push against, reducing the lift they can generate. Engines also receive less oxygen for combustion, which can affect their power output.

A similar high-altitude helicopter accident was reported just days earlier in India’s Uttarakhand. That helicopter crashed shortly after taking off from Badrinath, killing all six people on board, including the pilot and five passengers.

An Indian national was killed and another person injured after two helicopters collided while landing at a high-altitude heliport in Nepal’s Solukhumbu district, near Mount Everest. A purported video of the collision has surfaced on social media, but its authenticity remains unverified.

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