In the US oil heartland on Wednesday, President Donald Trump announced the signing of two executive orders to accelerate the construction of oil and gas pipelines, dismaying environmentalists. The latest measures are in line with others his administration has taken to ease regulation of the...

Oil prices rose on Wednesday back toward five-month highs hit the previous day as OPEC production cuts and U.S. sanctions on Iran and Venezuela continued to tighten supply, although economic worries increased. International benchmark Brent futures were at $70.92 per barrel at 0900 GMT, up...

President Hassan Rouhani called on Saturday for Iran and neighboring Iraq to expand their gas and electricity dealings and boost bilateral trade to $20 billion, state TV reported, despite difficulties caused by U.S. sanctions against Tehran. “The plans to export electricity and gas and...

Algerians need look no further than Egypt for a glimpse of how difficult any transition could be if they put off painful economic measures. In the four years after the 2011 ouster of President Hosni Mubarak, Egypt halved its foreign reserves while economic growth all but ground to a halt;...