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Oil up despite strong dollar, U.S. stance on Iran

(Reuters)- Oil rose in volatile trade on Thursday but analysts said the gains may not hold in the face of a strong dollar and the U.S. commitment to forge a nuclear deal with Iran . Concerns about deteriorating oil supplies from Libya and Iraq boosted crude prices even before...

Egypt interior minister replaced in reshuffle

Cairo (AFP) - Egypt's presidency said Thursday that Interior Minister Mohamed Ibrahim, who spearheaded a brutal crackdown on supporters of ousted president Mohamed Morsi, had been replaced along with seven other ministers. The removal of Ibrahim, who was appointed by Morsi, follows...

Islamic State torches oil field east of Tikrit: witness

(Reuters) - Islamic State militants have set fire to oil wells in the Ajil field east of the city of Tikrit to try to hinder aerial attacks aimed at driving them from the oilfield, a witness and military source said. Black smoke could be seen rising from oil field since...

US envoy to South Korea injured by armed attacker

The U.S. ambassador to South Korea was seriously injured Thursday morning in an attack by an armed assailant, according to local media. National news agency Yonhap cited official sources as saying Mark Lippert was headed to a lecture in the center of the capital Seoul when...