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Business

U.S. Warns China Against Buying Iranian Crude Oil

By Irina Slav The United States has warned China that it will not turn a blind eye to rising Iranian oil exports to Chinese ports,...

Business

How Oil Could Go To $100 Per Barrel

By Steven Kopits In its February Short Term Energy Outlook (STEO), the EIA forecasts this month's world oil consumption at 96.7 million barrels per day (mbpd)....

News

Oil Price Jumps Above $70 After Attacks Aimed At Saudi Oil Facilities

By Anjli Raval and David Sheppard Oil prices jumped above $70 a barrel for the first time in 14 months after Saudi Arabia, the world’s...

Headline

Pope Francis Meets Revered Shia Leader In Iraq, Seeks End To Minorities’ Persecution

Pope Francis has met with Grand Ayatollah Ali al-Sistani, one of the most senior leaders in Shia Islam, in Iraq’s holy city of Najaf...

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Biden, Netanyahu Finally Speak, Discuss ‘Iranian Threat’

By Abiola Olawale President Joe Biden and Israeli Prime Minister Benjamin Netanyahu on Wednesday had an hour-long phone conversation, over re-entering the nuclear deal with...

Banking

Cryptocurrency Ban: CBN Gives Copius Reasons For Action Amid Outrage

From Segun Amure, (The New Diplomat's Abuja Bureau) The Central Bank of Nigeria (CBN) has given reasons on its enforcement of ban on cryptocurrencies in...

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Iran Will Not Reverse Nuclear Steps ‘Before U.S. Sanctions Are Lifted’

Tehran will not accept United States (U.S.) demands that it reverse an acceleration of its nuclear programme before Washington lifts sanctions, Foreign Minister Mohammad...

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