Recent Posts

Crude Rises to $92 Record

Oil rose above $92 a barrel for the first time in New York after the US charge Iran with baseless accusations and stepped up pressure on foreign companies to cut ties with the Middle East oil producer.

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U.S. sanctions Iran on nuclear proliferation

The United States, on Thursday night, have announced through Secretary of State Condoleezza Rice and Treasury Secretary Henry Paulson, that they will impose a set of new sanctions against Iran as a pressure to halt nuclear proliferation regarded by Americans as weapons-related. The U.S. sanctions will target the Iranian defense …

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