Understanding the Threats Facing the World’s Oil Kings

 Middle East producers who for decades reigned as the undisputed leaders of oil sales to Asia are sensing a threat to their dominance, which is goading them to review age-old habits. Before the U.S. shale boom and the biggest price crash in a generation, buyers eager to feed their galloping economies had little choice but…

$500 Million Belonging to World Airlines Trapped in Angola

Angola still owes more than $500 million to international airlines including Emirates, Deutsche Lufthansa AG and Air France-KLM, one of many items in the in-tray of new President Joao Lourenco as he tries to revive the economy. Africa’s second-biggest oil producer is withholding repatriation of the funds amid a persistent shortage of foreign-currency reserves, according to the International…