Register for our free newsletter

Latest News

  • Iran: ‘Flame’ Virus Fight Began with Oil Attack

    Some Flame code found in Stuxnet virus

    A leading computer security firm has linked some of the software code in the powerful Flame virus to the Stuxnet cyber weapon, which was widely believed to have been used by the United States and Israel to attack Iran's nuclear program.

    June 12, 2012 11:09

    World Bank seeks investors for MENA fund

    IFC to set up $500 million fund; Invested $3 billion in MENA region since Arab Spring; Targets $2.4 billion investment over next year

    June 12, 2012 11:09
  • Japan's Iran crude imports dive in April

    Japan submits bill to insure tankers with Iran oil

    Sovereign insurance scheme to pay up to $7.6 bln; US exempts Japan from Iran sanctions; Bill usually takes 2 weeks to pass -official

    June 12, 2012 11:00
  • Brent-crude-price-rise-kipp

    Crude oil rises $2 on Spain rescue, Iran

    UN nuclear watchdog, Iran fail to reach deal on probe; Eurozone agrees to lend Spain up to 100 billion euros

    June 11, 2012 10:22
  • Nuke Iran

    Iran wrangles with world powers ahead of nuclear talks

    The comments - made in a letter from Ali Bagheri to his European counterpart - are the latest volley in an apparently escalating spat over preparations for the next round of meetings in Moscow on June 18-19.

    June 11, 2012 10:21
  • Iraq-ups-Basra-July-crude-prices-to-all-buyers

    Iraq ups Basra July crude prices to all buyers

    Iraq raised the price of its Basra light crude to U.S. buyers for July by 15 cents to $1.65 per barrel below the Argus (ASCI) benchmark and lifted prices to Europe and Asia as well, the State Oil Marketing Organisation (SOMO) said on Sunday.

    June 10, 2012 5:52
  • IAEA, Iran to hold nuclear talks on June 8

    Iran says hopes to conclude nuclear deal with IAEA soon

    A senior Iranian official expressed hope on Wednesday that his country and the U.N. nuclear watchdog would soon be able to seal a framework agreement to resume a stalled investigation into Tehran's disputed atomic activities.

    June 6, 2012 7:18