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South Korea to halt Iran oil exports

U.S. must tighten pressure on Iran

Iran believes it is safe ahead of U.S. election – minister; Hezbollah will pay 'heavy price' if it attacks Israel ;Syria's Assad faces sure defeat, process being accelerated

July 13, 2012 8:34
 
World-to-gain-from-gas-glut-if-regulation-right

Who will be the winner of a gas glut?

A boom in unconventional natural gas over the next 20 years could see the United States and others benefit from cheaper energy while the importance of the Middle East declines

May 29, 2012 5:00
 
brent-crdue-output-up

U.S. crude up $1 at $91.86 per barrel

U.S. crude futures rose a dollar on Monday to $91.86 per barrel supported by renewed fears that a dispute over Iran's nuclear programme could disrupt oil supplies.

May 28, 2012 5:26
 
Iraq to Get First F-16 Jets In Early 2014

Iraq to Get First F-16 Jets In Early 2014

Iraq will receive the first 24 of 36 F-16 fighter jets it has ordered from the United States at the beginning of 2014, a senior official told Reuters on Sunday; Iraq would be in the market for more planes in the future, Witwit said. Pilots are already training to fly the new F-16s; the warplanes were intended to defend Iraq, not "one man".

April 30, 2012 9:30
 
Oil Slips towards $124 on Fed Comments, Saudi Supply

Oil Slips towards $124 on Fed Comments, Saudi Supply

U.S. crude stocks up 7.8 mln barrels, far above forecast; At least 7 North Sea Forties cargoes delayed

April 4, 2012 4:09