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Lower oil prices loom as OPEC faces tough test

OPEC at Crossroads

These are the moments OPEC exists for: A sharp drop in global oil prices has reduced the amount of money OPEC countries take in by nearly $1 billion a day.

Posted: November 26th, 2014 in Featured Gallery,Latest Business Stories,Photos & Videos | Read More »

Oil prices drop after Iran nuclear deal

Gasoline Prices

Oil prices sank Monday as a nuclear deal between Iran and six world powers made it more likely that the sanctions choking Iranian oil exports will eventually be lifted.

Posted: November 25th, 2013 in Latest Business Stories | Read More »

Iranian space official: Photo shows wrong monkey

By
In this picture obtained from the Iranian Students News Agency, ISNA, scientists surround a monkey ahead of a space launch in an undisclosed location in Iran. A gray-tufted monkey strapped in a pod resembling an infant's car seat rode an Iranian rocket into space and returned safely, officials said Monday, Jan. 28, 2013, in what was described as a step toward Tehran's goal of a manned space flight. AP/ISNA, Mohammad Agah

One of two official packages of photos of Iran’s famed simian space traveler depicted the wrong monkey, but a primate really did fly into space and return safely to Earth, a senior Iranian space official confirmed Saturday.

Posted: February 2nd, 2013 in Latest Business Stories,Photos & Videos,Science and Health | Read More »

US has offered no ‘freebies’ to Iran

Exposing a rift with Israel, President Barack Obama on Sunday insisted that the US had not “given anything away” in new talks with Iran as he defended his continued push for a diplomatic resolution to the dispute over Tehran’s nuclear ambitions.

Posted: April 16th, 2012 in Latest Business Stories | Read More »

Oil hovers below $103 ahead of Iran nuclear talks

Oil prices hovered below $103 a barrel Thursday in Asia as traders looked to negotiations this weekend over Iran’s nuclear program.

Posted: April 12th, 2012 in Latest Business Stories | Read More »

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