Oil prices were stable on Wednesday as OPEC said it was committed to draw down a global supply overhang that has dogged markets since 2014, although bloated U.S. output and inventories still weighed on crude. Brent crude futures LCOc1 were at $54.92 per barrel at 0741 GMT (3:41 a.m. ET),...

A cargo vessel with 12 crew members aboard sank Wednesday morning off Russia's Black Sea coast, authorities said as they searched for some of the seamen who are still missing. The cargo ship -- which was transporting grain from Russia's southern Rostov region to Turkey -- went missing from...

( The Guardian )- The Trump administration has notified Congress that Iran is complying with the terms of the 2015 nuclear deal negotiated by former president Barack Obama, and says the US has extended the sanctions relief given to the Islamic republic in exchange for curbs on its atomic...

Russia must end “blind support” for Syrian President Bashar al-Assad and help find a political solution to the six-year Syrian civil war, British Foreign Secretary Boris Johnson said Tuesday. In an address to parliament, Johnson told MPs that the U.K. could join the U.S. in airstrikes...