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Media Summary

Oil price plunges

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The Financial Times, The Guardian, The Times and Reuters report that the price of crude oil has plunged by almost 27% after Saudi Arabia, the world’s top oil exporter, said it would step up production from next month, flooding global markets and most likely depressing petrol and diesel prices.

BBC News, The Times, The Telegraph and The Financial Times report that three senior members of Saudi Arabia’s royal family, including the king’s brother, have been arrested for unexplained reasons. Two of the men were among the kingdom’s most influential figures. The Times reports that King Salman of Saudi Arabia made a public appearance on state media yesterday, quashing rumours he had died and giving implicit backing to his all-powerful son’s latest purge of his rivals. The Independent reports that the royal arrests have been described as ‘warnings’ from Mohammed bin Salman as the crown prince attempts to consolidate his power.

The Guardian, Reuters and The Associated Press report that Saudi Arabia has cordoned off an oil-rich Shia region, suspended air and sea travel to nine countries and closed schools and universities, in a series of measures to contain the fast-spreading coronavirus.

The Associated Press and The Guardian report that Israel’s parliament has beefed up the security detail protecting Benny Gantz, the main electoral challenger to Benjamin Netanyahu, after deeming various death threats against him to be credible.

BBC News and Sky News report that Lebanon is to default on a foreign debt payment for the first time in its history as the country struggles with a major financial crisis, as Prime Minister Hassan Diab said Lebanon would not be making a bond payment of $1.2bn (£900m) due on Monday.

The Times and Reuters report that President Erdogan of Turkey is expected to demand hundreds of millions of euros from the EU today in exchange for stopping the flood of migrants gathering at the frontiers of Greece, as he heads to Brussels for show down talks. The Financial Times reports that residents of Idlib province are putting little faith in a lasting Russian-Turkish peace deal despite the agreement of a ceasefire on Friday.

Reuters reports that Israeli Prime Minister Benjamin Netanyahu said on Sunday Israel might broaden its entry restrictions over coronavirus fears to include visitors from all countries.

All the Israeli media report that Blue and White leader Benny Gantz has had his security detail strengthened after he received serious threats on social media. One person on Facebook wrote: “They should murder Gantz at Rabin Square so he could join Rabin.” Another wrote on Twitter: “Gantz will end up like Rabin. This moron still doesn’t get it.” Gantz was verbally attacked before giving a speech on Saturday night. He complained about a very worrying atmosphere and said “incitement is rampant everywhere” criticising Benjamin Netanyahu for remaining silent about it.

The Israeli media report that Benjamin Netanyahu has asked for his criminal trial to be delayed. His lawyer said evidence requested by the defence team has still not arrived. Ynet notes: “The beginning of Netanyahu’s trial will be similar to a pre-trial in which both sides attempt to put into the record documents and evidence that are mutually agreed upon. It is also expected that the list of 333 witnesses named in the indictment will be substantially reduced.”

Ronen Bergman writing in Yediot Ahronot reports that Hussein Sheikh al-Islam, a senior Iranian diplomat and intelligence official, who was believed to be involved in the capture of Israeli navigator Ron Arad in 1986, died last Thursday from coronavirus. Before his death, Al-Islam served as an adviser to Iranian Foreign Minister Muhammad Zarif, and was the Deputy Foreign Minister in the 1990s. In 1979, Sheikh al-Islam was one of the leaders of the young Revolutionary Guards group that occupied the US Embassy in Tehran. In 1985, he became Iran’s Ambassador to Syria, where, “all of the moves that led to the establishment of Hezbollah and its strategic threat to Israel were conducted.” According to an intelligence official who handled the Arad case: “If it was a police investigation, he’s the first person I would invite. He was the only one still alive, who knew what happened. Now al-Islam is taking the secret to his grave.”