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Oil climbs after industry data shows U.S. inventory draw

Oil prices rose in mixed trading on Wednesday, after sharp losses in the previous session, as industry data showed a surprise draw in U.S. crude stocks, although worries over a lack of agreement among producers to curb output kept a lid on gains. Brent crude rose 12 cents to $46.09 a barrel...

Obama says Peres never gave up on possibility of peace

President Barack Obama hailed Israeli elder statesman Shimon Peres, who died Wednesday, as a friend who refused to give up on the dream of peace, while former president Bill Clinton called him "a genius with a big heart." Obama said Peres' commitment to Israel's security and pursuit of peace...

Israel's Shimon Peres, 93, dies in Tel Aviv: Israel Radio

Former Israeli president and elder statesman Shimon Peres died in Tel Aviv on Wednesday aged 93, Israel Radio said. Peres was hospitalized following a stroke two weeks ago and had made some progress before a sudden deterioration in his condition on Tuesday. An official announcement of the...

U.S. announces $364 million more in aid for Syrians

The U.S. State Department said on Tuesday it was providing an additional $364 million in humanitarian assistance to help Syrians caught up in the country's civil war, bringing total U.S. humanitarian spending for Syria to about $5.9 billion. Assistant Secretary of State for Population,...