Anti-government protestors calling for political reform burned tires as a controversial Formula One race was held in Bahrain on Sunday.
As drivers and teams prepare to travel to the Kingdom of Bahrain for the fourth race of the season, protests in the capital Manama reflect a political situation that is far from resolved. And it isn’t the first time Formula 1 has courted international condemnation in order to keep its racing schedule.
The nomination of a senior member of the Muslim Brotherhood to run in Egypt's presidential race has further clouded an already complex political transition, making an immediate economic recovery less likely and heightening the risk of a currency crisis, according to analysts.
New information suggests that Iran’s oil production may not have fallen as much as other industry reports have speculated. The latest publication of data by the Joint Organizations Data Initiative (JODI) published on Sunday showed Iran produced 3.72 million barrels per day in January, marking the highest output since December 2008.
The 13th International Energy Forum (IEF) kicks off on Tuesday in Kuwait City, bringing to the table energy ministers from 88 countries around the world representing some 90 percent of global supply and demand
The sudden spike in oil prices following Thursday's report of a pipeline explosion in Saudi Arabia highlights how nervous traders are about turmoil in the region.
Iranians head to the polls on Friday for the first time since disputed presidential elections in 2009, and although most experts do not believe this week's parliamentary elections will witness similar tension, it may still prove a crucial turning point in a domestic power struggle that has been in the making for years.