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  • Balance of power in Middle East: Isaacson   Friday, 15 May 2015 | 7:51 AM ET
    Balance of power in Middle East: Isaacson

    Walter Isaacson, Aspen Institute CEO, provides perspective on President Obama's meeting with Persian Gulf leaders over concerns about talks the United States is having with Iran.

  • Obama meets with Persian Gulf leaders   Friday, 15 May 2015 | 6:22 AM ET
    Obama meets with Persian Gulf leaders

    Edward Lawrence, NBC News reports the Gulf countries are upset about a possible deal the United States is brokering with Iran.

  • SEOUL, May 15- South Korea's imports of Iranian crude fell 6.5 percent in April from a year ago, with its oil shipments from the OPEC country in the first four months of 2015 dropping nearly 14 percent year-on-year to meet international sanction requirements. South Korea and other Asian buyers can import crude form the Islamic nation at sanctions-reduced rates...

  • 'GCC no-shows are a diplomatic rebuke': Pro   Thursday, 14 May 2015 | 7:33 PM ET
    'GCC no-shows are a diplomatic rebuke': Pro

    Peter Berkowitz, senior fellow at Stanford University's Hoover Institution, says the absence of Saudi Arabia and Bahrain leaders at the Camp David summit suggests a lack of confidence in the Iran nuclear deal.

  • Iran fires on Singapore-flagged ship: NBC News   Thursday, 14 May 2015 | 9:28 AM ET
    Iran fires on Singapore-flagged ship: NBC News

    CNBC's Courtney Reagan reports Iran fired on a Singapore-flagged tanker ship that was passing through the Strait of Hormuz.

  • WASHINGTON/ NEW YORK, May 14- Major banks wary of heavy U.S. penalties will be reluctant to restore ties with Iran even if sanctions are lifted in a possible nuclear deal, bank executives and advisers say, likely denting Iran's ambition to attract foreign investment to revive its crippled economy. After years of being frozen out of the global banking system and...

  • Congress needs to be careful with Iran Wednesday, 13 May 2015 | 5:18 PM ET
    Supreme Leader of Iran Ayatollah Ali Khamenei

    Congress wants a say in Iran nuclear talks but it could further destabilize the Middle East in the process, says Dan Steinbock.

  • CNBC update: China investment   Wednesday, 13 May 2015 | 12:29 PM ET
    CNBC update: China investment

    President Obama is meeting with the Saudi crown prince, Philadelphia's Mayor says the "black box" of the derailed train has been recovered, and China is allowing 32 foreign companies to trade bonds, reports CNBC's Sue Herera.

  • Here’s why Iran and Iraq should worry OPEC Tuesday, 12 May 2015 | 6:01 AM ET
    Oil Iraq OPEC

    The only languages that really count at this summer's OPEC meeting will be Arabic, Farsi, Kurdish and money.

  • *Operations in Gulf, Europe could come back to life. May 12- Iran may be about to restore banking links with the rest of the world after years of separation, but the process won't be easy as its Islamic financial system has evolved in ways that will complicate ties with foreign banks. Iran's Islamic banking assets totalled 17,344 trillion riyals as of March 2014, or...

  • Saudi’s US snub about this: Former ambassador Monday, 11 May 2015 | 5:22 PM ET
    Saudi new King Salman (R) meets with US President Barack Obama at the Erga Palace in the capital Riyadh on January 27, 2015.

    “This has been a slow moving train wreck over several years,” said Robert Jordan, former U.S. ambassador to Saudi Arabia.

  • Saudi King snubs US   Monday, 11 May 2015 | 10:46 AM ET
    Saudi King snubs US

    Saudi Arabia's King Salman bin Abdulaziz Al Saud is not coming to meetings in the U.S. Insight, with CNBC's John Harwood.

  • *Iran- allied Houthi forces accept truce to let in aid. *UAE welcomes move, hopes they won't act as Iran proxy. CAIRO/ ADEN, May 10- Yemen's dominant Houthi group accepted a five-day humanitarian ceasefire proposed by its adversary Saudi Arabia on Sunday but said it would respond to any violations of the pause.

  • UPDATE 2-Saudi Arabia offers five-day Yemen ceasefire Thursday, 7 May 2015 | 10:31 AM ET

    RIYADH/ CAIRO, May 7- Saudi Arabia offered a five-day humanitarian truce on Thursday to the Houthi militia it has hit with weeks of airstrikes in neighboring Yemen, on condition that fighting across Yemen stops. The offer of a truce comes days after the Houthis started shelling Saudi border towns, prompting renewed airstrikes in Yemen, and as the militia advanced...

  • CAIRO/ RIYADH, May 7- Saudi Arabia said all options were open including ground operations to stop mortar attacks on its border towns by Yemen's Houthi militia, as its jets hammered the group's positions ahead of U.S.-led talks on a temporary truce. Secretary of State John Kerry began negotiations in Riyadh to pause the campaign of airstrikes launched by a...

  • Saudi Arabia mulling land operations on Yemen border Thursday, 7 May 2015 | 6:07 AM ET

    CAIRO/ RIYADH, May 7- Saudi Arabia said all options were open including ground operations to stop mortar attacks on its border towns by Yemen's Houthi militia, as its jets hammered the group's positions ahead of U.S.-led talks on a temporary truce. Secretary of State John Kerry began negotiations in Riyadh to pause the campaign of airstrikes launched by a...

  • Oil prices fall after hitting 2015 highs Wednesday, 6 May 2015 | 8:45 PM ET

    *OPEC indicates it will not cut output alone. OPEC comments made overnight also indicate that core Gulf oil producers are not wavering in their strategy to focus on market share rather than cutting output alone, suggesting big policy changes are unlikely at the June meeting unless non- OPEC producers change their stance. As a result, benchmark Brent crude...

  • LONDON, May 6- Oil prices rose more than a dollar to 2015 highs on Wednesday, as a month-long rally gained further impetus from a fall in U.S. crude stocks and conflict in the Middle East. Brent crude jumped by $1.36 to $68.88 a barrel by 0855 GMT, after hitting a 2015 peak of $69.14. "We haven't seen hedge funds and money managers to be as optimistic and bullish as they are...

  • Iran talks: Tension heats up   Wednesday, 6 May 2015 | 5:20 AM ET
    Iran talks: Tension heats up

    With the White House promising more assistance with the Iran nuclear talks, CNBC discusses what could happen if and when further talks happen.

  • US launches Iran security summit   Wednesday, 6 May 2015 | 1:45 AM ET
    US launches Iran security summit

    CNBC's Hadley Gamble reports from the Euromoney conference in Riyadh, Saudi Arabia, as the U.S. launches a security summit on Iran.