By DAVID McHUGH AP Business Writer The U.S. is temporarily easing some sanctions on Russian oil shipments, reflecting global concerns over sharply higher crude prices due to supply shortages stemming from the Iran war. The move, intended to soothe jittery markets over the disruption of ...
By SAMYA KULLAB Associated Press IRBIL, Iraq (AP) — Iraq is getting caught in the crossfire of the Iran war as the only country facing strikes from both sides, and that threatens to drag the nation that has so far avoided two years of regional turmoil into a full-blown crisis. As the ...
By JON GAMBRELL, GHAYA BEN MBAREK, SARAH EL DEEB and JULIE WATSON Associated Press DUBAI, United Arab Emirates (AP) — Iran's secretive new leader issued his first public statements Thursday, resolving to keep fighting, promising more pain for Gulf Arab states and threatening to open ...
By ALMA SOLÍS Associated Press PANAMA CITY (AP) — Panama Canal Administrator Ricaurte Vásquez said Thursday that the conflict in the Middle East and rising fuel costs could ultimately benefit the interoceanic waterway as global shippers adjust routes. In an interview with The ...
By JON GAMBRELL and MAE ANDERSON Associated Press DUBAI, United Arab Emirates (AP) — Commercial ships in the Persian Gulf continued to be a focal point in the Iran war on Thursday as Iran's Supreme Leader Ayatollah Mojtaba Khamenei vowed to use the effective closure of the Strait of ...
By DAVID McHUGH AP Business Writer FRANKFURT, Germany (AP) — The Iran war threatens some of the world's most critical oil and gas infrastructure — the pipelines, refineries, and shipping terminals that keep energy flowing from the countries around the Persian Gulf to the global ...
