The U.S. military is deploying an additional 2,000 troops , two squadrons of jet fighters, three new antimissile systems and other equipment to Saudi Arabia in an effort to better Continue Reading
The severe strain that US sanctions have placed on Iran was spelled out by the IMF this week when it forecast that the economy would contract by 9.5 percent this Continue Reading
Iran has recently announced that its next fiscal year’s budget is going to be set with less reliance on oil revenues. Last week, Head of the Country’s Budget and Planning Continue Reading
Iran has claimed that it has footage of last week’s attack on its oil tanker while off the Saudi Arabian Jeddah port, and it proves that the attacks were carried Continue Reading
Indian Nyara Energy has been buying Venezuelan crude oil from Rosneft and paying in fuel instead of cash to avoid a breach of U.S. sanctions against Caracas, Reuters reports, citing Continue Reading
More than five months after the US ended sanctions waivers for Iran’s biggest oil buyers, the Trump administration continues to press China to stop importing Iranian crude oil, Brian Hook, Continue Reading
Russia asserted itself in a long-contested part of Syria on Tuesday after the United States pulled out, giving Moscow a new opportunity to press for Syrian army gains and project Continue Reading
Firefighters and specialist aircraft in Lebanon are working to tackle a series of wildfires which have broken out during a period of high temperatures and strong winds. The blazes started Continue Reading
The United States carried out a secret cyber operation against Iran in the wake of the Sept. 14 attacks on Saudi Arabia’s oil facilities, which Washington and Riyadh blame on Continue Reading
Saudi Arabia’s government is set to officially endorse this week plans to list shares in oil giant Aramco in what would be the world’s largest initial public offering (IPO) ever, Continue Reading
