Crude oil held mostly steady on Tuesday on optimism that U.S.-China trade tensions would ease and on hopes that major economies would enact stimulus measures to counter a possible global economic slowdown that could affect oil demand.
Brent crude (...)
An Iranian tanker at the center of an angry confrontation between Iran and Washington sailed for Greece on Monday after it was freed from detention off Gibraltar, as Washington called the release unfortunate and warned Greece and Mediterranean ports (...)
Southern separatists seized two Yemeni government military bases near the southern port of Aden early on Tuesday, triggering fresh clashes between nominal allies that have complicated U.N. peace efforts, residents and officials said.
The separatists (...)
FIFA says the southern Iraqi city of Basra can host the national team's return to playing World Cup qualifying games at home.
Security concerns since the 1980s have forced Iraq to host most qualifiers in neutral countries. Iraq played ''home'' games (...)
Yemen's southern separatists withdrew on Saturday from some governmental buildings they had seized in Aden last week, but they kept camps giving them control of the southern port of Yemen, where the Saudi-backed government is located.
Last week, the (...)
French President Emmanuel Macron told Russian leader Vladimir Putin on Monday that Moscow must abide by fundamental democratic principles, and that it was right to keep a dialogue between the countries to move forward on international (...)
The U.S. Commerce Department is expected to extend a reprieve given to Huawei Technologies that allows the Chinese firm to buy supplies from U.S. companies so that it can service existing customers.
The "temporary general license" will be extended (...)
Authorities in Gibraltar on Sunday rejected the United States' latest request not to release a seized Iranian supertanker, clearing the way for the vessel to set sail after being detained last month for allegedly attempting to breach European Union (...)
Iran appears to be preparing another satellite launch after twice failing this year to put one in orbit, despite U.S. accusations that the Islamic Republic's program helps it develop ballistic missiles.
Satellite images of the Imam Khomeini Space (...)
The US justice department has issued a warrant to seize a detained Iranian oil tanker, a day after a judge in Gibraltar ordered it to be released.
The Grace 1 supertanker, which is carrying 2.1m barrels of oil, was detained on 4 July on suspicion of (...)
The U.S. Commerce Department is expected to extend a reprieve given to Huawei Technologies that permits the Chinese firm to buy supplies from U.S. companies so that it can service existing customers, two sources familiar with the situation said.
The (...)
The Supreme Court in Gibraltar ordered on Thursday the seized Iranian tanker "Grace 1" to be released despite the US request to keep capturing the tanker.
Gibraltar authorities announced that Iran vowed that the tanker will not unload in (...)
Houthi forces in Yemen have made a drone attack on oil facilities at Shaybah in Saudi Arabia, the Yemeni movement's Al Masirah television said on Saturday, according to Reuters
There was no immediate Saudi confirmation or comment.
The facilities (...)
A blast at a mosque in southwest Pakistan killed four people on Friday and wounded more than 20, police said, adding the death toll could rise.
The imam of the mosque, located 25 km (15 miles) from the city of Quetta, was killed in the explosion, (...)
The Saudi-led coalition fighting the Houthis in Yemen said an explosive-laden drone launched on Tuesday by the group in the direction of Saudi Arabia had fallen inside Yemeni territory.
The Iran-aligned Houthis said earlier they had launched drone (...)
The United States moved on Thursday to halt the release of an Iranian supertanker detained in Gibraltar for breaching international sanctions on oil shipments, thwarting efforts by authorities in London and the British overseas territory to defuse (...)
Tens of thousands of Yemenis rallied in Aden on Thursday in support of separatist forces who took over the southern port, the temporary seat of Yemen's Saudi-backed government, in a move that exposed rifts in an Arabic military coalition.
The (...)
Iraq is ordering all military camps and munitions warehouses to be moved outside Iraqi cities following a massive explosion at an ammunition depot that killed one civilian and wounded 13.
In a statement issued Thursday following a national security (...)
The Institute of International Finance (IIF) expects that the Brent crude, the global oil benchmark, to average $65 per barrel ($65/b) in 2019 and $62/b in 2020. Brent crude oil prices averaged $65.5/b so far this year.
“We see global liquid fuels (...)
British warship HMS Kent sailed on its way to the Gulf on Monday to join a US-led mission in the region, to safeguard merchant vessels in the unstable region amid heightened political tensions between the US and Iran.
The British move comes amid (...)
Five countries bordering the energy-rich Caspian Sea met Monday at an economic forum hosted by Turkmenistan in a bid to agree on how to divide the region's oil wealth.
Last year, the leaders of Russia, Iran, Azerbaijan, Turkmenistan and Kazakhstan (...)
The Saudi-led coalition intervened in Aden on Sunday in support of the internationally-recognized government of Yemen after southern separatists effectively took over the port city, fracturing the alliance that had been battling the Iran-aligned (...)
Iranian Foreign Minister Mohammad Javad Zarif said on Twitter on Friday that any military presence in the Gulf from outside the region would be a "source of insecurity" for Iran, and Tehran would act to safeguard its security.
Washington is lobbying (...)
Egypt's Assistant Foreign Minister and Director of Protocol Department, Hatem Tageldin, received Cyrill Nunn's credentials as a new ambassador of Germany to Egypt on Thursday.
Nunn, who previously served as Germany's ambassador to Iraq, expressed (...)
U.S.-flagged commercial vessels should send their transit plans for the Strait of Hormuz and Gulf waters to United States and British naval authorities, the U.S. Maritime Administration said in an advisory on Iran threats.
"Heightened military (...)
