Some observers say a less acrimonious future between the United States and Iran makes economic sense.» Read More
Russia's president is being pushed "further into a corner," leaving him little option but to continue his aggression, Eurasia Group's Ian Bremmer says.
The report comes as governments scramble to better understand the extent of Iran's cyber capabilities, which researchers say have grown rapidly as Tehran seeks to retaliate for Western cyber attacks on its nuclear program. It did not identify the companies targeted, but said they included major aerospace firms, airports and airlines, universities, energy...
*Iran badly hurt by tumbling oil prices. *Iran government increases bread price by 30 pct. The currency has been hit by what OPEC member Iran sees as twin setbacks-- a fall in the price of oil, the country's economic mainstay, and the prospect of more months of sanctions curbing its ability to do business with the rest of the world.
*Iran badly hurt by tumbling oil prices. DUBAI, Dec 1- Iran's economy minister cautioned against "frenzied behaviour" on Monday after Iranians sold rials for foreign currency over the weekend amid plunging oil prices and the prospect of several more months of economic sanctions. The rial has been hit by what OPEC member Iran sees as twin disappointments-- a dip in...
Joe Magyer, Senior Analyst at The Motley Fool, describes the reaction of emerging market assets to plunging oil prices.
According to industry and government sources, and letters reviewed by Reuters, Essar has asked the Indian government to free it from paying its share of oil dues to Iran, and instead offset them against a $2.5 billion deal to supply steel plate to a NIOC affiliate. The back-to-back scheme comes to light at a critical stage in talks between Iran and six world powers...
Scott Darling, Regional Head of Oil & Gas Research at JP Morgan, explains why he sees further declines in oil prices next year.
David Hewitt, Co-head of Global Oil & Gas Equity Research at Credit Suisse, says OPEC is facing an economic conflict with U.S. shale producers.
Neil Beveridge, Senior Oil Analyst at Sanford C. Bernstein, says OPEC's decision not to cut output is triggering a glut of supply and may result in bankruptcy for U.S. shale producers.
The Organization of Petroleum Exporting Countries (OPEC) decided on Thursday not to cut oil production, despite sliding oil prices.
The idea that the cartel is worried about market share is misleading, says Daniel Hynes, Senior Commodity Strategist at ANZ.
The minister said he is confident the group will reach a unified decision, and that the meeting will last only one day.
Greg Priddy, Eurasia Group, shares his thoughts on OPEC's Thursday meeting and the stumbling blocks to reaching an agreement.
CNBC's Steve Sedgwick reports the latest details on the debate among OPEC members on whether to cut oil supplies.
Tom Kloza, Oil Price Information Services, discusses low expectations for Thursday's OPEC meeting as ministers meet to discuss production levels.
CNBC's Steve Sedgwick reports on Thursday's meeting of OPEC ministers where they will likely discuss possible reduction in oil production.
Ahead of OPEC meeting, Iranian Oil minister, Bijan Zangeneh says the country doesn't need "permission" from anyone outside Iran to increase production.
SEOUL, Nov 26- South Korea has transferred $500 million to Iran to pay for crude oil imports under an interim nuclear deal that provides limited relief from sanctions, two sources with direct knowledge of the matter said. The interim accord between Iran, the United States, China, France, Germany, Britain and Russia was extended on Monday for seven months to allow for...
Over the next 25 years, the U.S. will become a global energy powerhouse. That shift will reshape geopolitical power.
VIENNA, Nov 25- Talks between Saudi Arabia, fellow OPEC member Venezuela and oil powers Russia and Mexico failed to find an agreement to address a growing oil glut on Tuesday, with no side saying they would lower output despite a collapse in prices. In a day of shuttle diplomacy ahead of OPEC's crucial output meeting in Vienna on Thursday, Russian and Mexican energy...