There is a risk of crude oil prices hitting $100 per barrel next year due to tightening of supply and demand balance in global oil market, investment banking giant Bank of America Merrill Lynch said in a report Thursday. Oil prices have been rising in the past few weeks due to worries...

   Iran does not want "new tensions" in the Middle East, President Hassan Rouhani said Thursday in a telephone call with German Chancellor Angela Merkel. "Iran has always sought to reduce tensions in the region, trying to strengthen security and stability," Rouhani said,...

President Donald Trump said Thursday that he will meet North Korean leader Kim Jong Un for a historic summit on June 12 in Singapore where the U.S. leader will try to persuade Pyongyang to give up its nuclear weapons. It will be the first ever summit between the leaders of the two...

German Chancellor Angela Merkel has told Iran's president that she supports maintaining a big-power nuclear accord, following the withdrawal of the United States, as long as Tehran upholds its side of the deal, her office said Thursday. In a telephone call with Hassan Rouhani, Merkel...