Business

The Latest: Iran says it helped a tanker with tow to harbor

Jul 17, 2019

An Iranian news agency quotes a Foreign Ministry spokesman as saying Iran helped an oil tanker in the Strait of Hormuz amid U.S. concern that Tehran seized one there

Concern grows over UAE-based oil tanker in Strait of Hormuz

Jul 16, 2019

Concern grows over UAE-based oil tanker that stopped transmitting its location over 2 days ago in Strait of Hormuz amid US-Iran tensions

The Latest: Greek Cypriots reject joint gas drilling panel

Jul 16, 2019

Greek Cypriot leaders on ethnically split Cyprus have turned down a renewed proposal by breakaway Turkish Cypriots to form a joint committee on managing natural gas discovered offshore the east Mediterranean island nation

Turkey: EU sanctions over gas drilling 'worthless'

Jul 16, 2019

Turkey says the European Union's approval of an initial set of sanctions against Ankara won't deter it from pressing ahead with efforts to drill for hydrocarbons off the island of Cyprus

Heavy rain leaves scores dead in Nepal, India, Bangladesh

Jul 14, 2019

Flooding and landslides triggered by heavy rainfall have killed at least 50 people in Nepal in the past few days, with more deaths reported across the border in India and Bangladesh

Pakistani businesses on strike over new IMF-backed taxes

Jul 13, 2019

Hundreds of thousands of Pakistani businesses are on strike nationwide to protest a new sales tax, which opposition political parties say is being imposed as part of the International Monetary Fund's recent $6 billion bailout package for Islamabad

The Latest: US aware Turkey taking Russian missile system

Jul 12, 2019

The acting U.S. secretary of defense says Washington is aware that Turkey has begun taking delivery of a Russian-made S-400 air defense system

The Latest: Gibraltar says seized Iran tanker carrying oil

Jul 12, 2019

The head of Gibraltar's government says an Iranian supertanker seized last week by the British navy on suspicion of carrying Iranian crude to Syria was loaded with 2.1 million barrels of light crude oil

Russian S-400 defense systems arrive in Turkey

Jul 12, 2019

Turkey's Defense Ministry says the first shipment of a Russian missile defense system has arrived in Turkey, a development that could move the country closer to U.S. sanctions

The Latest: UN chief calls for 'maximum restraint' in Gulf

Jul 11, 2019

U.N. Secretary-General Antonio Guterres is again calling for "maximum restraint" in the Persian Gulf region and warning all parties that a new confrontation "would be a catastrophe."

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