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  • WASHINGTON, July 11- The U.S. Congress will ultimately support an extension of an interim agreement of talks on Iran's nuclear program, lawmakers and congressional aides said, despite calls by Republicans and some Democrats to abandon negotiations and return to tough sanctions to deter Tehran from building a nuclear bomb.

  • ISIS and uranium? Just a scare tactic: Phillips Thursday, 10 Jul 2014 | 3:34 PM ET
    Iraqi Prime Minister Nouri al-Maliki

    Iraq said ISIS seized a stash of uranium. These are scare tactics aimed at getting the U.S. to take action, says former WH adviser David L. Phillips.

  • Foreign ministers to join troubled Iran nuke talks Thursday, 10 Jul 2014 | 12:10 PM ET

    VIENNA— Big-power foreign ministers are joining Iran nuclear talks on a diplomatic rescue mission. "Obviously both sides have set out positions that are irreconcilable," says Gary Samore, who left the U.S. team negotiating with Iran last year.

  • Extremists in Iraq need a history lesson: Phillips Tuesday, 8 Jul 2014 | 9:37 AM ET
    Iraqi security forces pull down a flag belonging to Sunni militant group Islamic State of Iraq and the Levant (ISIL) during a patrol in the town of Dalli Abbas in Diyala province, June 30, 2014.

    ISIS has a legitimate grievance but the wrong tactics, says former White House adviser David L. Phillips.

  • Diplomats: Iran nuke talks make little progress, Monday, 7 Jul 2014 | 4:43 AM ET

    Five days into the latest round of talks between Iran and six global powers, two diplomats told The Associated Press that there is still a disagreement on the constraints Iran is ready to accept in exchange for a full end to the sanctions stifling its economy.

  • CALGARY, Alberta, July 4- Oil dipped on Friday with Brent futures dropping below $111 a barrel on the prospect of revived Libyan exports and more U.S. crude soon finding its way to refiners, but losses were tempered by economic data pointing to a stronger demand outlook. Trade was extremely thin due to the Fourth of July holiday in the United States.

  • LONDON, July 4- Brent futures dipped below $111 a barrel on Friday on the prospect of revived Libyan exports and more U.S. crude soon finding its way to refiners, but losses were tempered by economic data pointing to an improved demand outlook. Brent crude fell 22 cents to $110.78 a barrel by 1048 GMT and looked set to lose 2 percent this week.

  • SINGAPORE, July 4- Brent futures held steady around $111 a barrel on Friday on signs of an improving demand outlook, although the benchmark is still set to post its biggest weekly loss since early January as supply worries that have rattled oil markets for weeks recede.

  • SINGAPORE, July 4- Brent futures held steady around $111 a barrel on Friday on signs of an improving demand outlook, although the benchmark is still set to post its biggest weekly loss since early January as supply worries that have rattled oil markets for weeks recede.

  • SINGAPORE, July 4- U.S. crude futures are set to post their biggest weekly loss in a month on receding worries about supply from Libya and Iran, although expectations of an improvement in the outlook for demand in the world's top oil consumer checked losses.

  • LAUNCESTON, Australia, July 2- Events seldom unfold in isolation and the recent surge in sectarian violence in Iraq appears to be leading to some shifts in Asian crude oil markets.

  • U.S. crude gained 2 cents to $105.36 by 2348 GMT, after ending at $105.34 a barrel, its lowest settlement since June 11. Brent futures ended 7 cents down at $112.29, also at its lowest since June 11.

  • Unrest in Iraq comes as the almost total loss of Libyan supply, Western sanctions on Iran as well as conflict in Syria and northern Iraq are keeping almost 3 million barrels per day- more than 3 percent of world demand- off the market.

  • US needs to understand what Iran wants in Iraq Monday, 30 Jun 2014 | 10:21 AM ET
    Iranian President Hassan Rouhani

    If the Obama administration wants Iran's cooperation on Iraq, it needs to know what Iran wants, says former White House adviser David L. Phillips.

  • China, Tehran's largest oil client, has since late 2013 been stepping up purchases after a landmark November nuclear deal eased some sanctions on Iran and has been making up the main portion of stronger Asian imports since then.

  • China, Tehran's largest oil client, has since late 2013 been stepping up purchases after a landmark November nuclear deal eased some sanctions on Iran and has been making up the main portion of stronger Asian imports since then.

  • Iran resumes auto exports to Russia Sunday, 29 Jun 2014 | 7:08 AM ET

    TEHRAN, Iran— Iran began exporting automobiles to Russia for the first time in five years on Sunday, after meeting upgraded emission standards, the country's largest auto manufacturer said. Iran-Khodro exported more than 12,000 cars to Russia from 2007 to 2009, but the shipments stopped when Russia adopted stricter Euro-4 emission standards.

  • *Shift in pattern of global fund flows benefits Dubai. DUBAI, June 26- Bond investors' confidence in Dubai is surviving two tests at once, with bond prices staying strong even as the stock market tumbles and concern mounts over volatility in the real estate sector.

  • *Iraq's southern oilfields remain safe- U.N. envoy. LONDON, June 26- Brent crude oil fell on Thursday, as fears about conflict causing export disruption from Iraq, OPEC's second-largest producer, subsided further.

  • LONDON, June 26- Brent crude oil held steady near $114 a barrel on Thursday, with traders watching developments in Iraq for the possibility of export disruption from OPEC's second-largest producer.