U.S. renews Iran sanctions, grants oil waivers to China, seven others
The United States snapped sanctions back in place on Monday to choke Iran’s oil and shipping industries, while temporarily allowing top customers such as China and India to keep buying crude from the Islamic Republic.
Russia halts release of Hollywood movie that shows Kremlin coup
Russia blamed bureaucracy rather than censorship for a decision to halt the release of a Hollywood movie that tells the fictional story of U.S. troops rescuing a Russian president from a Kremlin coup.
OPEC oil output rises to highest since 2016 despite Iran: Reuters survey
OPEC has boosted oil production in October to the highest since 2016, a Reuters survey found, as higher output led by the United Arab Emirates and Libya more than offset a cut in Iranian shipments due to U.S. sanctions.
Explainer: How a Democratic U.S. House could alter foreign policy
Democrats will try to harden U.S. policy toward Saudi Arabia, Russia and North Korea if they win a majority in the U.S. House of Representatives, while maintaining the status quo on hot-button areas like China and Iran, congressional sources say.
Oil prices fall on signs of rising global supply
Oil prices fell on Wednesday and posted the worst monthly performance since mid-2016 on evidence of rising global crude supply, but losses were limited by signs of strong U.S. demand for fuel.
Mattis looks to calm European allies nervous about INF treaty
U.S. Defense Secretary Jim Mattis said on Sunday that the United States was in consultation with its European allies on an arms control treaty, as NATO members urge Washington to try to bring Russia back into compliance with the pact rather than quit it.
Hedge funds cut bullish bets on oil to lowest for over a year: Kemp
Hedge fund managers continued to liquidate former bullish positions in oil last week and for the first time in more than a year clear signs of fresh short-selling emerged.
U.S. exit from nuclear arms pact increases risks of war: Gorbachev
Mikhail Gorbachev, the last Soviet leader, denounced on Friday a U.S. decision to leave an arms control treaty that helped end the Cold War, saying it heralded a new arms race which increased the risk of nuclear conflict.
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