Oil prices extended declines into a second session on Tuesday as attention shifted to the risk of oversupply, with market participants shrugging off escalating tensions between the United States and Continue Reading
Oil prices edged lower on Monday as the focus turned to oversupply worries, moving away from escalating tensions between the U.S. and Iran, which had driven prices higher early in Continue Reading
U.S. President Donald Trump told Iran it risked dire consequences “the like of which few throughout history have suffered before” if the Islamic Republic made more threats against the United Continue Reading
A flare-up in U.S.-Iranian tensions, coupled with a work stoppage in the North Sea, sent crude oil prices higher Monday ahead of the start of U.S. trading. In an apparent Continue Reading
Iran’s President Hassan Rouhani has threatened the United States with “the mother of all wars” if Washington continues pressuring it with sanctions and attempts to foment unrest among the already Continue Reading
Iran on Monday dismissed an angry warning from U.S. President Donald Trump that Tehran risked dire consequences “the like of which few throughout history have suffered before” if it made Continue Reading
Iran will respond with equal countermeasures if the United States tries to block its oil exports, Tehran’s foreign ministry spokesman said Tuesday. “If America wants to take a serious step Continue Reading
To Iranian President Rouhani: NEVER, EVER THREATEN THE UNITED STATES AGAIN OR YOU WILL SUFFER CONSEQUENCES THE LIKES OF WHICH FEW THROUGHOUT HISTORY HAVE EVER SUFFERED BEFORE. WE ARE NO Continue Reading
There is never a dull moment in the Desert Kingdom when looking at the ongoing economic changes taking place inside Saudi Arabia. The world’s largest oil company Saudi Aramco, the Continue Reading
One of General Electric Co’s ( GE.N ) largest and most valuable customers, Saudi Arabia, is lining up competitors to bid against GE for lucrative power plant work, according to Continue Reading
