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Oil prices climb as faith in supply cuts grows

Oil prices rose on Tuesday, supported by growing confidence that producers are following through on commitments to cut supplies and as fuel demand picks up as coronavirus lockdowns ease. Brent crude LCOc1 futures were up 1.4%, or 48 cents, at $36.01 a barrel by 1210 GMT. U.S. West Texas...

UN says both Koreas broke armistice in DMZ shooting

An exchange of gunfire between North and South Korean forces in the Demilitarized Zone dividing the peninsula was a violation of the armistice agreement, the United Nations Command (UNC) said Tuesday. The two sides remain technically at war, since fighting in the Korean War ended with an...