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  • Glencore fights to save $26 billion Xstrata bid

    Glencore fights to save $26 billion Xstrata bid

    Qatar said on Tuesday wants better terms; Xstrata proposes changing management incentives; Deal valued at $26 bln at current share prices; Glencore could walk away from deal

    June 28, 2012 12:25
  • Iran-oil-sanctions

    Falling oil prices put Iran over U.S. sanctions barrel

    U.S. President Barack Obama to enforce sanctions on countries that do oil deals with Iran's central bank -Washington is revving up efforts to tighten the squeeze on Tehran.

    June 27, 2012 9:56
  • Syria International Islamic Bank (SIIB)

    EU targets Syrian bank, toughens sanctions

    The 16th round of sanctions against Syria are part of EU efforts to pressure President Bashar al-Assad into ending his violent repression of a 15-month-old uprising against his rule.

    June 26, 2012 5:46
  • Japan's Iran crude imports dive in April

    Japan’s Mitsubishi renews Iran oil imports deal

    Japanese trading house Mitsubishi Corp has renewed its annual oil purchase deal with Iran but cut the loading volume to comply with U.S. sanctions against the Islamic nation, trade sources said on Friday.

    June 24, 2012 10:26
  • Flame-exploits-Windows-bug-to-attack-PCs

    Flame virus can destroy computer files

    Symantec says it found Flame module that deletes data; Researchers previously only found spying modules in Flame

    June 24, 2012 10:26
  • Syrian Olympic Chief

    Britain refuses visa for Syria Olympic chief

    Britain has refused to issue a visa for the head of Syria's National Olympic Committee, General Mowaffak Joumaa, to travel to London for next month's Olympic Games, the BBC said on Friday.

    June 24, 2012 10:25
  • Iran-naval-warships

    Iran to build more ships, boost naval presence

    The Iranian navy has announced plans to build more warships and increase its presence in international waters at a time of growing tension in the Middle East over Tehran's nuclear programme.

    June 21, 2012 5:16
  • U.S.-sees-apparent-clean-up-at-Iran-site

    US think-tank sees more Iran site “sanitisation” work

    Iran not granting U.N. nuclear inspectors access to Parchin; IAEA suspects high explosives tests carried out there; Western diplomats believe Iran trying to remove any evidence; Iran rejects Parchin accusations as "ridiculous"

    June 21, 2012 11:22
  • brent crude slip

    Brent hits 18-month low on modest Federal action, China data

    Fed offers modest stimulus to weak U.S. economy; Unexpected jump in U.S. crude stockpiles; China factory sector contracts for 8-month running; China’s export order seen at the weakest since early 2009

    June 21, 2012 10:55
  • Iran-oil-sanctions

    Iran oil exports fall more in June, sanctions bite

    Crude exports from Iran this month have dropped to between 1.2 million barrels per day (bpd) and 1.3 million bpd, according to a firm that tracks oil shipments and sources at oil companies.

    June 20, 2012 5:48