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  • 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 to other long-term nuclear limitations. Iran, which is has been under sanctions for years, has a long history of illicit nuclear procurement using front...

  • 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...

  • ‘Inappropriate’ ship seizure may hit Iran relations Wednesday, 29 Apr 2015 | 11:16 AM ET
    File photo of an Iranian Army soldier stands guard on a military speed boat.

    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.

  • The cities at greatest risk for a mega-quake Wednesday, 29 Apr 2015 | 10:50 AM ET
    Nepal is still struggling to recover from the previous earthquake, which hit the country late last month

    In earthquake-prone cities, growing populations live amidst infrastructures that are unable to withstand the effects of large quakes.

  • Iran seizes cargo ship for 'legal issue'   Tuesday, 28 Apr 2015 | 2:29 PM ET
    Iran seizes cargo ship

    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 vessel takeover: Who probably did it—and why Tuesday, 28 Apr 2015 | 1:04 PM ET
    Iranian Revolutionary Guards drive speedboats during a ceremony to commemorate the 24th anniversary of the downing of Iran Air flight 655 by the US navy, at the port of Bandar Abbas on July 2, 2012.

    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?

  • Iran seizes Western cargo ship: Pentagon Tuesday, 28 Apr 2015 | 12:33 PM ET
    The Maersk Tigris was reportedly by seized by Iranian forces on April 28, 2015.

    The Iranian military on Tuesday seized a Western cargo ship in the Persian Gulf, the Pentagon said, roiling markets.

  • False reports on Iran seizing US ship   Tuesday, 28 Apr 2015 | 10:47 AM ET
    False reports on Iran seizing US ship

    NBC News confirms that reports on Iran seizing U.S. navy ships are false, reports CNBC's Dominic Chu.

  • Iran seizes US vessel: Report   Tuesday, 28 Apr 2015 | 10:20 AM ET
    Iran seizes US vessel: Report

    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...

  • Why the US won't have OPEC to kick around in 2016 Monday, 27 Apr 2015 | 6:36 AM ET
    The oil ministers of Qatar, Saudi Arabia and the United Arab Emirates attend the opening session of the Arab Energy Conference in Abu Dhabi.

    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.

  • US position in Middle East is in 'free fall': Pro   Thursday, 23 Apr 2015 | 8:37 PM ET
    US position in Middle East is in 'free fall': Pro

    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.

  • Moniz: US has 'comfortable' ability to monitor Iran Thursday, 23 Apr 2015 | 12:24 PM ET
    Secretary of Energy Ernest Moniz discusses the preliminary nuclear deal with Iran on April 6, 2015.

    The U.S. will have a very "comfortable" ability to detect any military activity related to Iran's nuclear program, Ernest Moniz says.

  • Wrong to help Iran but not US oil producers: Hamm Tuesday, 21 Apr 2015 | 11:38 AM ET
    Harold Hamm

    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,...

  • Analyst: Risk in oil continues despite rally Monday, 20 Apr 2015 | 11:59 AM ET
    A file photo shows an Iranian worker at the South Pars field in the southern Iranian port town of Asaluyeh.

    There is downside risk to oil prices in the second quarter as Saudi Arabia increases productions levels, a Barclays analyst said Monday.

  • 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...