Private buyers of Iranian crude have had "no problems" exporting it, Iran's oil minister was quoted as saying Wednesday by state news agency IRNA, despite U.S. sanctions targeting Iran's oil exports. Iran began selling crude oil to private companies for export in late October, just...

Major banks in Saudi Arabia reached settlements worth a combined 16.7 billion riyals ($4.5 billion) with the kingdom’s tax authority over a religious levy the lenders had been kicking against. The deals come as the world’s largest crude exporter predicts a budget shortfall of 131 billion...

The U.S. dispute with China over a ban on tech giant Huawei is spilling over to Europe, the company's biggest foreign market, where some countries are also starting to shun its network systems over data security concerns. Some European governments and telecom companies are following the...

BERLIN (Reuters) - Germany is to ban flights in and out of the country by Iran’s Mahan Air, which is under U.S. sanctions over allegations it ferries troops and supplies into Syria in support of President Bashar al-Assad, a newspaper reported on Friday. Bild said the German government...