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  • Ukraine shrugs off fears of Greek-style default Monday, 15 Sep 2014 | 2:54 AM ET
    An Ukrainian soldier stands guard at a checkpoint of Pletnyovka, Kharkiv region on Ukraine-Russia border, where Russian humanitarian convoy is due to cross the border on August 13, 2014.

    Ukraine's central bank governor has dismissed fears of a default, even as the country is said to be facing a Greek-style debt controversy.

  • Australia answers US call to fight Islamic State Sunday, 14 Sep 2014 | 4:35 AM ET
    Prime Minister Tony Abbott of Australia inspects the troops during a Honor Cordon at the Pentagon in Arlington, Virginia, during a U.S. state visit in June.

    Australia became the first country to detail troop numbers and aircraft for a U.S.-led coalition fighting Islamic State militants in Iraq, as Washington drums up support for global action to counter the terrorist threat.

  • *Russia and Iran heavily exposed to falling prices. LONDON/ KUWAIT, Sept 12- The drop in oil prices to their lowest in two years has caught many observers off guard, coming against a backdrop of the worst violence in Iraq this decade, heightened tensions between the West and Russia, and sanctions against Iran.

  • Ukraine vows return to union with Crimea Friday, 12 Sep 2014 | 5:19 AM ET
    Ukraine's President Petro Poroshenko sings the national anthem during the Independence Day military parade, in Kiev, Aug. 24, 2014.

    Ukraine's President has vowed the region of Crimea, which was taken over by Russia earlier this year, will be reunited with Ukraine.

  • *China, Europe oil demand growth slows at remarkable- IEA. SINGAPORE, Sept 12- Brent crude held above $98 a barrel on Friday, heading for its worst week in six as concerns over weak demand outweighed geopolitical worries in the Middle East and Ukraine.

  • *China, Europe oil demand growth slows at remarkable- IEA. SINGAPORE, Sept 12- Brent crude dropped below $98 a barrel on Friday, heading for its worst week in six as concerns over weak demand outweighed geopolitical worries in the Middle East and Ukraine.

  • SINGAPORE, Sept 12- Brent crude fell below $98 a barrel on Friday, heading for its worst week in six, as concerns over weak demand outweighed geopolitical worries in the Middle East and Ukraine.

  • SINGAPORE Sept 12- U.S. crude futures climbed higher on Friday, rising on concerns that Western air strikes in Syria could lead to further confrontation with Russia, although prices were still close to 16- month lows.

  • Putin, Iran's Rouhani to discuss trade, economic ties Wednesday, 10 Sep 2014 | 7:13 AM ET

    He did not say whether they would touch on an "oil-for-goods deal" which Tehran and Moscow have been discussing as a way to get round Western sanctions imposed on Russia over the Ukraine crisis and on Tehran over its nuclear programme.

  • Kerry arrives in Baghdad to build coalition against IS Wednesday, 10 Sep 2014 | 3:58 AM ET
    Secretary of State John Kerry met with his Russian counterpart Sergei Lavrov to discuss the Ukrainian crisis situation ahead of a disputed referendum in Crimea.

    U.S. Secretary of State John Kerry arrived in Baghdad on Wednesday as he began a tour of the Middle East to build military, political and financial support.

  • MOSCOW, Sept 9- Russia is looking to supply grain worth up to $500 million per year to Iran in exchange for oil, Russia's state grain trader said, in a further reduction to the value of a long-negotiated barter deal between the two countries.

  • Turkey is essential for defeating ISIS Tuesday, 9 Sep 2014 | 10:39 AM ET
    Turkish soldiers parade with a large Turkish national flag on August 30, 2014 in Ankara.

    Turkey is in a tough position with ISIS but it is essential to any multilateral coalition against the Islamic State, says David Phillips.

  • MOSCOW, Sept 9- Moscow and Tehran are in talks on supplying Russian grains to Iran in exchange for oil, Andrey Gormakh, first deputy chief executive of Russia's state grain trader, United Grain Company, was quoted as saying on Tuesday.

  • MOSCOW, Sept 9- Moscow and Tehran are in talks on supplying Russian grains to Iran in exchange for oil, Andrey Gormakh, first deputy chief executive of Russian state grain trader, United Grain Company, was quoted as saying on Tuesday.

  • Iraqi parliament approves new government Tuesday, 9 Sep 2014 | 1:28 AM ET
    Peshmerga fighters provide security at the last checkpoint outside of Mosul which is currently under control of ISIS militants

    Iraq's parliament approved a new government headed by Haider al-Abadi as prime minister on Monday night, in a bid to rescue Iraq.

  • *U.S. crude for October delivery climbed a cent higher to $93.30 a barrel by 0053 GMT after initially rising to $93.62 in early morning trade.

  • Shimon Peres: Arab League must help isolate IS Saturday, 6 Sep 2014 | 9:39 AM ET

    Shimon Peres says the Arab League must act to help defeat IS and called on religious leaders to condemn the group's misuse of religion and values.

  • *Ukraine, pro-Russian rebels agree to ceasefire. "U.S. economic growth was supposed to counter the slowing in China and Europe and the payrolls report threw a little cold water on that idea," said Gene McGillian, analyst at Tradition Energy in Stamford, Connecticut.

  • *Ukraine, pro-Russian rebels agree to ceasefire. NEW YORK, Sept 5- Crude oil futures fell on Friday, heading for weekly losses as disappointing jobs data from the United States suggested economic growth may not be as robust in the world's biggest oil consuming economy.

  • LONDON, Sept 5- Brent crude oil fell further below $102 a barrel on Friday, heading for a third weekly drop in four as a strong dollar depressed demand and U.S. employment data suggested the world's biggest oil consumer was growing more slowly than expected.