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  • UAE-says-sanctions-hurting-trade-with-Iran

    UAE frees American hunger striker on bail

    The United Arab Emirates has freed on bail an American businessman accused of embezzlement who has been in jail in the Gulf Arab state since 2008 and went on hunger strike in May, the U.S. embassy said on Friday.

    July 13, 2012 8:29
  • Brent crude up

    U.S. crude futures end more than 2 percent higher

    U.S. crude futures rose more than 2 percent on Wednesday in choppy, thin trading, in reaction to a drop in crude inventories.

    July 12, 2012 12:36
  • Iran-tanker-insurance-ban

    Iran oil trade skirts ship insurance ban

    Iranian oil on its way to China from July programme; Comes amid dispute over freight terms; Japan takes steps to resume imports in August

    July 12, 2012 12:16