OPEC is on red alert over escalating US-Iran tensions that have fuelled strong oil-price gains -- but the cartel and other crude-producing nations are unlikely to end output cuts at a meeting Tuesday, traders say. The Organization of the Petroleum Exporting Countries, a cartel of 14...

World leaders attending a Group of 20 summit in Japan that began Friday are clashing over the values that have served for decades as the foundation of their cooperation as they face calls to fend off threats to economic growth. "A free and open economy is the basis for peace and...

The U.S. policy of maximum economic pressure on Tehran is working but the sanctions do not give Iran the right to breach its nuclear commitments, a senior U.S. official said Monday. U.S. Special Representative on Iran Brian Hook was speaking in an interview before a meeting with senior...

 Iran is on course to breach a threshold in its nuclear agreement with world powers within days by accumulating more enriched uranium than permitted, although it has not done so yet, diplomats said, citing the latest data from U.N. inspectors. France, one of the European powers caught...