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Middle East

U.S. sanctions have idled a quarter of Iranian oil rigs

At least a quarter of Iran's oil rigs are out of action as U.S. sanctions strangle the Islamic Republic's vital oil industry, according to a Reuters review of financial documents and industry sources, dealing a potentially long-term blow to its oil industry. The lack of rig activity could...

Turkey says 2016 migrant deal with EU needs to be updated

Turkey said Tuesday a 2016 migration deal with the EU needs to be updated in light of the crisis in northern Syria, as tensions continued to flare on the Turkish-Greek border after Ankara said it would no longer to stop migrants trying to cross. In an interview with state-owned Anadolu news...