U.N. arms embargo targets Yemen's Houthis as fighting rages
The U.N. Security Council on Tuesday imposed an arms embargo targeting the Iran-allied Houthi rebels who now control most of Yemen as battles in the south of the country intensified.
Oil rises on U.S. output dips, Middle East tensions
Crude oil futures rose on Tuesday on signs of falling U.S. oil production, weakness in the dollar and tensions in the Middle East, particularly Yemen.
Russia confirms Iran oil-for-goods swap, no signs seen
Russian traders, analysts and industry players on Tuesday questioned Moscow's announcement that a long-heralded oil-for-assets barter deal with Iran was already being implemented, saying they saw no signs of extra trade.
Former senior Chinese energy executive seeks leniency at graft trial
The former head of CNPC, China's top energy group, on Monday admitted his guilt and asked for leniency at the opening of his trial on charges of bribery and abuse of power, the latest in a string of top officials caught in an anti-graft campaign.
Deal or not, many U.S. states will keep sanctions grip on Iran
As the United States and Iran come closer to a historic nuclear deal, many U.S. states are likely to stick with their own sanctions on Iran that could complicate any warming of relations between the long-time foes.
Russia opens way to missile deliveries to Iran, starts oil-for-goods swap
Russia paved the way on Monday for missile system deliveries to Iran and started an oil-for-goods swap, signaling that Moscow may have a head-start in the race to benefit from an eventual lifting of sanctions on Tehran.
Kerry says he stands by presentation of Iran nuclear deal
U.S. Secretary of State John Kerry defended on Sunday his presentation of a framework agreement on Iran's nuclear program after a different interpretation was offered by Iran's supreme leader, and a prominent U.S. senator said Kerry was "delusional."
Greece may have blown best hope of debt deal
Even if it survives the next three months teetering on the brink of bankruptcy, Greece may have blown its best chance of a long-term debt deal by alienating its euro zone partners when it most needed their support.
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