OPEC leader Saudi Arabia and non-OPEC Russia have agreed a preliminary deal to extend existing record oil output cuts by one month while raising pressure on countries with poor compliance to deepen their cuts, OPEC sources told Reuters. OPEC agreed to cut output by a record 9.7 million...

Europe tried to reassure Russia during a UN Security Conference video call Tuesday after a French warship intercepted an oil tanker off the coast of Libya under an operation to halt the flow of arms to the North African country. European Union representatives spent the closed-door meeting...

Syria’s stock market on Tuesday suspended trading for the largest cellular company in the country, owned by a cousin of the president and one of Syria’s richest businessmen. The decision by the Syrian Commission of Financial Markets and Securities marked another development in a...

 (Zaman Al Wasl)- No sooner had the fire from Assad’s guns seized than other fires raged, consuming the land and crops of the Syrians, which led some to suspect that the fires were deliberate and premeditated. Throughout April and May, hundreds of fires broke out, devouring...