Obama is preparing to request authorization from Congress for escalated military action against ISIS, The Fiscal Times reports.» Read More
CNBC's Sue Herera and Sharon Epperson report on how the rebellion in Syria is impacting Iran and its oil supply. Alireza Nader, The Rand Corporation, offers insight. "There is a possibility, if Iran becomes more nervous and insecure, they will be less likely to compromise on the nuclear program," says Nader.
Bashar al-Assad's defense minister and brother in law were killed in an attack today, as the crisis in Syria unfolds. NBC's Richard Engel has the details of the escalating concerns.
Many people in the intelligence community say the fighting in Syria has ramifications far beyond that nation’s borders and they could spill into the oil market very quickly. Syria is Iran’s main ally and they believe if Syria falls Iran will increase the speed of its nuclear program.
"Russia doesn't like the idea of western backed regime change anywhere, it only backed the UN resolution in Libya because it thought it probably wouldn't work and it has no intention of allowing another leader to be deposed by their own people and the West," Peter Apps, political risk correspondent at Thomson Reuters, told CNBC.
Tom Essaye, Editor, Money and Markets says things are improving in corn & soybean markets due to hot weather concerns.
Tom Essaye, Kinsale Trading president provides his forecast on oil prices and where to find the best risk/reward plays.
Radical Islamist Mohammed Morsi won Egypt's first election since Mubarak, and now he says he wants to "re-think" peace with Israel. Radio talk show host John Batchelor, offers insight.
Discussing reports that Syrian air defenses shot down a Turkish fighter jet and the tension in the Middle East over oil, with Helima Croft, Barclays Capital and radio talk show host John Batchelor.
CNBC's Sharon Epperson explains why the gold selloff was limited.
Nick Trevethan, Senior Commodities Strategist, ANZ Research said geopolitical tensions, including the standoff over Iran's nuclear ambitions, are very supportive for crude prices.
If the U.S. and other nations took military action in Syria it would be "a seismic event" that would be "the greatest blow to Iran in 25 years," Sen. John McCain told CNBC Wednesday.
Sen. John McCain, (R-AZ), makes the case for why the U.S. should lead an intervention to stop the slaughter in Syria now.
Discussing whether future oil price gains will prove unsustainable and create risks for the economy, with Francisco Blanch, BofA Merrill Lynch Global Research.
We've mobilized "unprecedented, crippling sanctions on Iran," says President Obama, who took tough questions on Iran and Israel at his first White House press conference of the year.
There was a wide-ranging change of the guard in Europe and the Middle East in 2011. Here are 10 other elections that could change the game of global politics in 2012.
Oil prices are on a roll, and this strategist thinks its bad news for the buck.
Could mayhem in the Middle East translate to mayhem in the markets? Helima Croft, Barclays Capital, and Dan Senor, Council on Foreign Relations, provide perspective.
As many observers had expected, Russia and China used their veto privileges to block the latest attempt by members of the United Nations Security Council to take concrete measures to stop the bloodshed in Syria.
Western and Arab states voiced outrage on Sunday after Russia and China vetoed a U.N. resolution that would have backed an Arab plan urging Syrian President Bashar al-Assad to give up power, and Washington vowed harsher sanctions against Damascus.
Syrian forces hammered restive neighborhoods in the city of Homs for hours with mortars and artillery Saturday, sending terrified residents fleeing into basements and killing more than 200 people in what appeared to be the bloodiest episode of the nearly 11-month-old uprising, activists said.