U.S. warship sails near island claimed by China in South China Sea
A U.S. Navy destroyer sailed within 12 nautical miles of an island claimed by China and two other states in the South China Sea on Saturday to counter efforts to limit freedom of navigation, the Pentagon said.
Turkey says Russian jet violated its airspace again, warns of consequences
Turkey warned of consequences on Saturday after saying a Russian SU-34 jet had violated its airspace despite warnings, once more stoking tensions between two countries involved in Syria's war, but Russia denied that there had been any incursion.
Within OPEC, Iran is a challenge to any deal on oil cuts: sources
Iran, boosting oil exports after the lifting of sanctions, is talking of a need to recoup its market share, making the OPEC member a challenge to any deal among producers to fix a supply glut, OPEC sources said on Thursday.
Fearful of Russia, Europe's defense cuts slow: NATO data
NATO defense cuts slowed sharply in 2015, alliance data showed on Thursday, also revealing a split between big-spending eastern European nations fearful of Russia and others such as Italy that are still reducing their budgets.
Russia says Saudis proposing global oil production cut
Russia said on Thursday that OPEC's largest producer Saudi Arabia, had proposed oil production cuts of up to 5 percent in what would be the first global deal in over a decade to help clear a glut of crude and prop up sinking prices.
Iran's Rouhani in France to revive business ties after nuclear deal
Iranian President Hassan Rouhani told French business leaders on Wednesday that Iran was open for investment as he started a visit in France to revive business ties despite diplomatic differences.
Russians want to talk to OPEC about output, pipeline chief says
Russian officials have decided they should talk to Saudi Arabia and other OPEC countries about output cuts to bolster oil prices, the head of Russia's pipeline monopoly said on Wednesday, remarks that helped spur a sharp rise in world prices.
Oil jumps after Russia dangles prospect of OPEC cooperation
Oil futures surged on Wednesday after Russia indicated there was a possibility of co-operation with OPEC, fanning hopes for a deal to reduce a global oversupply that sent prices to the lowest levels in over a dozen years last week.
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