Saudi oil output halved; SA's new oil laws; CR's envoys into Africa; HK tourism drops 40%

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Friction between the US and Iran escalated to a dangerous level after Saturday’s attack on a critical Saudi Arabian oil facility which knocked out half the country’s crude production – around 5.7m barrels a day or 5% of global oil supply.
Political turmoil engulfing Hong Kong continued as tens of thousands of protestors again ignored a police ban to embark on their 15th successive weekend of rolling mass action. 
South African President Cyril Ramaphosa has dispatched three officials to seven African nations in the wake of a recent spate of xenophobic attacks.
South Africa’s government has revised an onerous proposal shelved four years ago, and is drafting a new law aimed at securing it a free carry of 10% in all new oil and gas ventures. Learn more about your ad choices. Visit megaphone.fm/adchoices
15 Sep 2019 1PM English South Africa Investing · Business News

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