The price of oil looks set to rise further as political factors limiting investment will join rising demand and a weak dollar among factors pushing up prices, analysts told CNBC Wednesday.
A bill that would give the Obama administration power to impose sanctions on a broad array of companies involved in providing Iran with gasoline cleared a key congressional committee on Wednesday.
Friday, 25 Sep 2009 | Source: The Associated Press
President Barack Obama says Iran is on notice following the disclosure of an underground plant to make nuclear fuel that could be used to build an atomic bomb.
Thursday, 24 Sep 2009 | Source: The Associated Press
Pressure deepens against Iran when the world's eight top economic powers gives Tehran until year's end to cease enriching uranium or face new sanctions.
With a September deadline from the White House on Iran's nuclear program only weeks away, it remains unclear whether the United States can impose sanctions against the Islamic state in the face of possible opposition from Iran's economic allies.
Wednesday, 22 Jul 2009 | Source: The Associated Press
Russian news agencies quote the country's nuclear agency chief as saying a Russian-built nuclear power reactor in Iran is still set to be switched on this year.
Thursday, 16 Jul 2009 | Source: The Associated Press
The head of Iran's nuclear agency has resigned, an Iranian news agency reported Thursday, a move that may have been connected to the country's postelection turmoil.
Wednesday, 15 Jul 2009 | Source: The Associated Press
A Russian-made Iranian passenger plane carrying nearly 170 people crashed shortly after takeoff Wednesday. State television said all on board were killed.
Monday, 29 Jun 2009 | Source: The Associated Press
Iran's election oversight body on Monday declared the hotly disputed presidential vote to be valid after a partial recount, rejecting opposition allegations of fraud and further silencing calls for a new vote.
Saturday, 20 Jun 2009 | Source: The Associated Press
Police fired tear gas and water cannons on thousands of protestors who rallied in the streets of Tehran in open defiance of the clerical government. There were also reports of an explosion at a shrine honoring Ayatollah Ruhollah Khomeini.
Tuesday, 16 Jun 2009 | Source: The Associated Press
As Iran's government cracks down on traditional media after the country's disputed presidential election, tech-savvy Iranians have turned to the microblogging site Twitter.
Sunday, 14 Jun 2009 | Source: The Associated Press
A world wary of Iran's nuclear program reacted cautiously Saturday to hard-line leader Mahmoud Ahmadinejad's hotly disputed re-election. Some expressed hope that the Islamic republic's president will soften his defiance and warm to recent U.S. overtures.
Saturday, 13 Jun 2009 | Source: The Associated Press
A world wary of Iran's nuclear program reacted cautiously Saturday to hard-line leader Mahmoud Ahmadinejad's hotly disputed re-election. Some expressed hope that the Islamic republic's president will soften his defiance and warm to recent U.S. overtures.
With tensions beginning to broil on the streets of Tehran, impeded journalists and citizens looking to get their messages out to the world are relying on the micro-blogging site Twitter, where even 140-character messages can carry some impact on the world's stage.... Read More