High water and flooding are making driving impossible for many travelers in the Houston area; Taco Bell and Pizza Hut are getting rid of artificial colors and flavors; and Olive Garden is getting creative with their breadsticks, reports CNBC's Sue Herera.» Read More
TOKYO, April 30- Asian imports of Iranian crude fell 9.2 percent in March from a year ago as India bought no oil from the sanctions-hit country for the first time in at least a decade under U.S. pressure, offsetting a jump in purchases by Japan and South Korea. Imports by Iran's four biggest buyers- China, India, Japan and South Korea- totalled 1.04 million barrels per...
Talks between six major powers and Tehran are approaching the final stages after they hammered out a preliminary agreement on April 2, with Iran committing to reduce the number of centrifuges it operates and other long-term nuclear limitations. "The UK government informed the Panel on 20 April 2015 that it' is aware of an active Iranian nuclear procurement...
SEOUL, April 30- U.S. crude futures held around $58.50 a barrel on Thursday, near their highest this year as U.S. crude stockpiles grew less than expected after the first decline since November in stocks at the main U.S. delivery hub. *Brent crude futures, the more widely-used benchmark, shed 39 cents to $65.45, after finishing up $1.20 at $65.84 in a session that saw...
After the seizure of a Maersk cargo ship by Iran in the Strait of Hormuz, shipping experts said the action could destabilize global relations if repeated.
In earthquake-prone cities, growing populations live amidst infrastructures that are unable to withstand the effects of large quakes.
NBC's Jim Miklaszewski reports the USS Farragut and several war planes were ordered to monitor the events involving a cargo ship under the control of Iranian military forces.
Iran's abrupt seizure of a commercial vessel in the Persian Gulf raises a question of who ordered the taking of the Maersk Tigris, and why?
The Iranian military on Tuesday seized a Western cargo ship in the Persian Gulf, the Pentagon said, roiling markets.
NBC News confirms that reports on Iran seizing U.S. navy ships are false, reports CNBC's Dominic Chu.
Unconfirmed reports are telling CNBC and NBC news than an Iranian military vessel has taken a U.S. cargo ship, reports CNBC's Dominic Chu.
*Yemen faces mounting humanitarian crisis. LONDON, April 27- Yemen is facing mounting problems bringing in food by sea as the danger from fighting between Houthis and government supporters is exacerbated by an arms blockade by Saudi-led coalition navies searching ships for weapons destined for the rebels. The Arabian peninsula's poorest country, Yemen...
U.S. elections have long featured a familiar whipping post. Yet thanks to the energy boom, it's one that may not play a role in 2016.
There's a "great deal of ambivalence and confusion" in America's policy towards the Middle East now, says Flynt Leverett, professor of International Affairs at Pennsylvania State University.
The U.S. will have a very "comfortable" ability to detect any military activity related to Iran's nuclear program, Ernest Moniz says.
There's "something wrong" with considering lifting oil sanctions on Iran, but not the U.S. ban on exporting domestic crude, oilman Harold Hamm says.
*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,...
There is downside risk to oil prices in the second quarter as Saudi Arabia increases productions levels, a Barclays analyst said Monday.
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...
CNBC's Reem Nasr explains the steps web users can take when governments - such as those in China, Iran and Turkey - block certain websites.