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Syria regime announces new measures to curb fuel shortages

Syria adopted new measures Sunday to curb fuel shortages Bashar Assad's regime has blamed on strangling Western sanctions on the war-torn country. Syrian authorities are seeking to "regulate the distribution at petrol stations" and to ensure even deliveries across to country while...

Trump signs orders for 'revival' of US energy

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 up on tight supply, but economic slowdown weighs

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...

Rouhani says Iran ready to expand gas, power trade with Iraq

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...