President Bashar al-Assad’s assault in the northwest has been met with a painful rebel counterpunch that underlines Turkish resolve to keep the area out of his hands and shows why Continue Reading
President Trump made fresh threats to ramp up U.S. sanctions against Iran for stepping up its enrichment of uranium, tweeting that America’s response “will soon be increased, substantially.” His comments Continue Reading
The United States on Wednesday accused Iran of “nuclear extortion” and threatened further sanctions against Tehran, which has begun stockpiling and enriching uranium beyond the limits set in the 2015 Continue Reading
Insurance rates for tankers going through the Strait of Hormuz have skyrocketed tenfold in the two months since the first attacks on tankers off the coast of the UAE, CNBC Continue Reading
Iraq’s cabinet approved a plan to build a pipeline to send the output of oil fields in Rumaila to Aqaba in Jordan, according to a Wednesday statement from the country’s Continue Reading
As the U.S. looks to enforce sanctions aimed at halting trade with states such as Iran and Venezuela, there’s increased scrutiny on the tricks being used to keep commodities flowing Continue Reading
Iran will offer oil futures to interested foreign parties at pre-determined rates, the Tehran Times reported on Wednesday, citing Iranian VP Es’haq Jahangiri , despite US sanctions that have restricted Continue Reading
Saudi Arabia’s oil production will remain below 10 million b/d through August and its exports will stay under 7 million b/d to avoid excess stock buildup in an oversupplied market, Continue Reading
Iran’s military warned it would retaliate in response to the seizure of one of its tankers by British forces in Gibraltar last week, while several European foreign ministers urged Tehran Continue Reading
Egypt seized a Ukrainian oil tanker carrying Iranian crude while it was crossing the Suez Canal ten days ago, according to a report from Arab news outlet Al-Araby Al-Jadeed carried Continue Reading
