Iran disputes UN finding that it worked on nuclear arms
Iran has rejected an assessment by the U.N. nuclear agency that it did past work on nuclear arms. But it is praising some aspects of the agency’s investigation of the Continue Reading
Libya Plans Oil Loading at Eastern Port for First Time Since 2014
Libya’s National Oil Co. is trying to load oil stored at the eastern Ras Lanuf port for the first time since 2014 , the country’s oil officials said Monday, as Continue Reading
Iran pours concrete into nuclear reactor, expects sanctions relief
It’s up to the International Atomic Energy Agency , headed by Yukiya Amano, to verify that Iran has fulfilled all its commitments under the landmark nuclear deal. REUTERS Iran removed Continue Reading
Senate Democrats Press White House on More Iran Sanctions
President Barack Obama is coming under pressure from his own party to advance new penalties to punish Iran for its recent ballistic missile tests even as a landmark nuclear deal, Continue Reading
Nigeria Says OPEC May Meet Soon as Oil Even Hurting Saudi Arabia
OPEC will soon make efforts to convene before the next scheduled meeting in June as the slump in oil prices is hurting producers, including the world’s biggest exporter, Saudi Arabia, Continue Reading
Nigeria Central Bank Cuts Flow of Dollars to Money Changers
Nigeria’s central bank stopped selling foreign exchange to money-changers as it struggles to stabilize the naira amid a plunge in oil prices that have hit government finances. “Operators in this Continue Reading
Venezuela’s political power struggle deepens
Venezuela’s Supreme Court has ruled that decisions by the country’s new opposition-controlled legislature are void until three banned opposition lawmakers are removed from office, deepening a power struggle in the Continue Reading
China’s Demand for Crude is Showing Signs of Cracking
Another headwind for oil. When looking for the prime culprit behind widespread weakness in commodity prices, fingers often point squarely at China. On the supply side, especially in select metals Continue Reading
Why China’s Market Illness Has Gotten More Contagious
Last week’s global-markets rout began with people like Wu Yizhang. The 65-year-old retiree had just taken a seat facing the trading board in his favorite Shanghai stock-trading hall on Thursday Continue Reading
China’s slowdown, financial mayhem cast long shadow across world
China’s economic slowdown and financial mayhem are fostering a cycle of decline and panic across much of the world, as countries on nearly every continent see escalating risks of prolonged Continue Reading