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Travel numbers climb as Americans hit the road

WASHINGTON: Americans hit the road in near-record numbers at the start of the Memorial Day weekend, as their eagerness to break free from coronavirus confinement overcame higher prices for flights, gasoline and hotels. More than 1.8 million people went through US airports on Thursday, and the daily number was widely expected to cross 2 million at least once over the long holiday weekend, which would be the highest mark since early March 2020. Homeland Security Secretary Alejandro Mayorkas warned people to expect long lines at airports and appealed for travelers to be patient. The rise in travel appears to be fueled by an increase in COVID-19 vaccinations as well as an improving economy. 

Iran s possible return to oil markets likely to dominate Opec+ talks

Saudi Arabia, which supported the group’s restrictions by volunteering to withdraw 1 million bpd until April, will phase out the cuts by the end of this month. “Energy markets remain fixated on both the coming Opec+ ministerial meeting and likely revival of the Iran nuclear deal,” said Edward Moya, a senior market analyst for the Americas region at Oanda. “Opec+ will likely move forward with the June increase of 700,000 bpd but may decide to hold off a July supply increase.” The alliance may adopt a “more cautious approach” even if the revival in oil demand warrants an increase in July, Oanda said in a note.

Iran s possible return to oil markets likely to dominate Opec+

Saudi Arabia removes UAE, Germany, US and 8 others from no-travel list

DUBAI: Saudi Arabia’s Ministry of Interior said it will re-allow visitors from 11 countries which were put on the red list earlier, state news agency SPA reported on Saturday. The countries include the UAE, German, USA, Ireland, Italy, Portugal, UK, Sweden, Switzerland, Japan and France. The authorities moved them off the red list due the countries’ efforts to control the

Egypt s King of the Sun exhibition proves to be a big draw in Prague

CAIRO: All tickets for the “Kings of the Sun” exhibition in Prague have been sold out until June 6, according to Egypt’s Ministry of Tourism and Antiquities. Tourism and Antiquities Minister Khaled Al-Anani launched the exhibition last August along with Czech Prime Minister Andrej Babis. It is the first Egyptian antiquities exhibition in Prague and the largest exhibition of

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