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  • *OPEC meets on June 5. KHOBAR, Saudi Arabia, April 21- Venezuela's oil minister heads a delegation to meet Saudi Arabian oil officials on Tuesday, coming from talks in Iran, in an OPEC diplomatic tour as its need for higher oil prices gains urgency. Its need for OPEC to cut supply to support prices has failed to shift the stance of Saudi Arabia and its Gulf OPEC allies,...

  • TEHRAN, Iran— A Washington Post reporter jailed for nearly nine months in Iran faces charges of espionage and three other crimes, his lawyer revealed Monday following her first in-depth meeting with the journalist. The Post, citing a statement from defense lawyer Leila Ahsan, said Jason Rezaian also faces charges of "conducting propaganda against the...

  • Sales of US arms fuel the wars of Arab states Sunday, 19 Apr 2015 | 7:31 AM ET
    A damaged car which was hit by Saudi-led Arab coalition forces to fight against Houthis, in Sanaa, Yemen, April 1, 2015.

    Soon, the Emirates are expected to complete a deal with General Atomics for a fleet of Predator drones to run spying missions. The NYT reports.

  • SINGAPORE, April 17- U.S. crude futures slipped towards $56 a barrel on Friday as soaring oil production from OPEC members stoked concerns over a global glut, but Middle East tensions kept a floor under prices. It climbed 32 cents to settle at $56.71 the day before, after hitting a 2015- high of $57.42. *Russian President Vladimir Putin said Iran's flexibility over...

  • How to get around a government firewall   Thursday, 16 Apr 2015 | 12:00 PM ET
    How to get around a government firewall

    CNBC's Reem Nasr explains the steps web users can take when governments - such as those in China, Iran and Turkey - block certain websites.

  • MOSCOW, April 16- President Vladimir Putin tried to reassure Russians over the ailing economy and said Washington wanted "vassals" rather than allies in his annual phone-in on Thursday, but offered no new financial remedies and gave no ground over Ukraine. For nearly four hours, the Russian leader fielded mostly tame questions from across the country on...

  • NEW DELHI, April 16- An Indian delegation will visit Iran this week to scout for investment opportunities ahead of an anticipated nuclear deal between the OPEC- member and world powers that would soften sanctions against the country, sources privy to the plan said. India is Iran's biggest oil client after China although its imports from Tehran have declined...

  • MOSCOW, April 16- President Vladimir Putin said on Thursday Russia's economy could return to growth in less than two years, despite Western sanctions which he said were intended to "contain" his country. In a confident performance during a televised call-in show, Putin sounded defiant and patriotic, assuring viewers that Russia will survive an economic crisis...

  • Bible stories and thrillers make Morocco filming choice Thursday, 16 Apr 2015 | 6:16 AM ET

    But while the arched doorways, balconies and furnishings all say Roman-era Israel, the real-life setting is southern Morocco. Viewers in America and elsewhere in the world may not know it but they have seen a lot of Morocco in the past year. "Morocco has also been Somalia numerous times, including in the 2001 film" Blackhawk Down, "and more recently in the 2013" Captain...

  • SINGAPORE, April 16- U.S. crude futures dropped below $56 on Thursday on disappointing U.S. economic data and renewed concerns about global oversupply, but conflict in the Middle East put a floor under prices. *Conflict in Yemen has halved its oil output to 60,000 barrels per day in April and fuelled concerns about the security of Middle East oil supplies, the...

  • Oil rally challenges Wall Street's bearish views Wednesday, 15 Apr 2015 | 5:21 PM ET
    A worker prepares to lift drills by pulley to the main floor of Endeavor Energy Resources Big Dog Drilling Rig 22 in the Permian basin outside of Midland, Texas.

    The idea that crude oil could crater in the next couple of weeks is being challenged as oil futures bounce off 2015 highs and are now up 17 percent this month.

  • Russian officials said on Monday Russia was sending grain, equipment and construction materials to Iran in an oil-for-goods exchange, the first step in securing a foothold in a new market since the West imposed sanctions on Russia over Ukraine. Politically sensitive talks are now in their final stages on a deal to end a decades-old dispute on the nuclear...

  • What matters to markets Wednesday Wednesday, 15 Apr 2015 | 7:00 AM ET
    Traders work on the floor of the New York Stock Exchange.

    Early morning earnings reports from major financial companies and a few economic reports could set the tone for Wednesday's markets.

  • MOSCOW, April 15- Russian Energy Minister Alexander Novak said on Wednesday companies were discussing terms for a barter deal with Iran and that no oil deliveries to Russia were planned. Novak told reporters: "There are negotiations between companies, they are working on the terms. Russia announced earlier this week that a long-discussed oil-for-assets deal...

  • Blast of financial earnings, oil and economics Wednesday, 15 Apr 2015 | 6:02 AM ET
    Traders work on the floor of the New York Stock Exchange.

    Early morning earnings reports from major financial companies and a few economic reports could set the tone for Wednesday's markets.

  • *OPEC output surges in March, may be sustained in April. LONDON, April 15- World oil markets may take longer to tighten than expected due to a surge in OPEC supply and a potential rise in Iranian exports, even as demand shows signs of strength, the International Energy Agency said on Wednesday. OPEC production surged to 31.02 million barrels per day in March, almost a...

  • Secretary of State John Kerry said on Wednesday he was confident Barack Obama would be able to get Congress to approve a nuclear deal with Iran after the U.S. president acknowledged lawmakers would have the power to review an accord with Tehran. In what was seen as a setback for Obama, the U.S. president agreed on Tuesday that Congress should have the power to...

  • President Barack Obama would be able to negotiate a final nuclear deal with Iran after a framework accord was agreed between Tehran and six world powers earlier this month. "Looming large is the challenge of finishing the negotiation with Iran over the course of the next two and a half months," Kerry said after arriving in Germany for a Group of Seven foreign...

  • WASHINGTON— Legislation empowering Congress to reject an emerging Iran nuclear pact is expected to sail through both houses of Congress, leaving President Barack Obama with the tough task of selling the deal to skeptical lawmakers. Despite the resistance from the White House, lawmakers from both parties insisted that Congress have a formal role in...

  • In setback, Obama concedes Congress role on Iran deal Wednesday, 15 Apr 2015 | 2:26 AM ET
    President Barack Obama

    U.S. President Barack Obama conceded on Tuesday that Congress will have the power to review a nuclear deal with Iran.