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Israeli court rejects Netanyahu trial delay request

An Israeli court Tuesday turned down a request by Prime Minister Benjamin Netanyahu to postpone the opening of his corruption trial next week, a published ruling said. The scheduled March 17 trial date looms as Netanyahu and his right-wing allies try to form a government in the face of...

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...