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  • Iran test fired nine long- and medium-range missiles on Wednesday, state media said, including one which it has said could reach Israel and U.S. bases in the region.

  • Saudi Arabia

    Washington has been talking tough on oil prices on several fronts, calling for new trading regulations on speculators and reopening offshore oil drilling. But it's successful jawboning two of our major allies that seems to have had the biggest impact on prices this week.

  • The stock market plunged 170 points this morning and oil jumped over $3, allegedly based on a New York Times story that Israel is carrying out military exercises as a rehearsal to bombing Iran. But actually, the Times story, written by the very able war correspondent Michael R. Gordon, is talking about Israeli training exercises from early June, not now.

  • Tough talk today between Israel and other nations could be another reason behind oil’s surge. Get the international perspective from Tim Seymour!

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    Oil jumped nearly $11 to a record $138.54 a barrel Friday on the slumping US dollar and rising tensions between Israel and Iran.

  • Haim Israel of Merrill Lynch in Jerusalem has some ideas about smaller Israeli companies that might have escaped the attention of U.S. investors.

  • Israel has become known for it's high-tech economy.  But this small desert nation surrounded by often hostile neighbors is working on what it hopes will be it's next wave of success: water.

  • Car companies, oil and gas companies have vowed to clean-up the air.  But an Israeli investor is actually doing something. 

  • When Apple's Steve Job's picked Israeli Yael Naim's "New Soul" for the Mac Air commercial, it wasn't the first time Silicon Valley connected with Israel.  In fact, Israel has more companies traded on the tech heavy Nasdaq than any other country outside the United States.  As Israel celebrates its 60th anniversary of statehood, here are some more facts and figures on the Israeli economy and markets...

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    Warren Buffett tells CNBC he will tour Europe in the third week of May to "get on the radar screen of large family-owned businesses" that might want to be acquired by Berkshire Hathaway.

  • A 144-nation atomic energy conference criticized Israel Thursday for refusing to put its nuclear program under international purview, with the United States alone in supporting the Jewish state.

  • Business in Israel is booming, despite the ongoing conflict with its Arab neighbors and the ever-present threat of terrorism and military conflict.

  • Restaurant chain Hooters, known for waitresses in low-cut blouses and brief shorts, will open its first branch in Israel this summer, in the Mediterranean seaside city of Tel Aviv.