Dec 30, 2014

Obama doesn't rule out having embassy in Iran

While President Barack Obama has not ruled out the possibility of reopening a U.S. Embassy in Iran, Republicans say the Senate will vote within weeks on a bill to impose more sanctions on Tehran over its nuclear program. Obama was asked in an NPR ...

Iran tests suicide drone in major military drill

Dec 28, 2014

Iran tests suicide drone in major military drill

Iran’s army said Saturday it has deployed a suicide drone for the first time in massive ongoing military drills near the strategic Strait of Hormuz at the entrance to the Persian Gulf. Gen. Ahmad Reza Pourdastan, the army’s chief commander of ground forces, described ...

Saudi minister denies kingdom conspired to force oil prices down

Dec 22, 2014

Saudi minister denies kingdom conspired to force oil prices down

Saudi Arabia’s oil chief on Sunday dismissed allegations that his kingdom conspired to bring down oil prices in order to harm other countries and told a summit of Arab energy leaders that he is confident the market will stabilize. The kingdom, which is dependent ...

Iran's support for Syria tested by steep fall in oil revenues

Dec 20, 2014

Iran's support for Syria tested by steep fall in oil revenues

Syrian businessmen and trade officials are worried that the economic lifeline provided by Iran is under strain from plunging oil prices despite public messages of support from Syria’s strongest regional ally. Syrian President Bashar Assad has relied on oil-producing Iran to help him fight ...

Dec 13, 2014

Iran hackers may target U.S. energy, defense firms, FBI warns

The Federal Bureau of Investigation has warned U.S. businesses to be on the alert for a sophisticated Iranian hacking operation whose targets include defense contractors, energy firms and educational institutions, according to a confidential agency document. The operation is the same as one flagged ...