Waivers on Iranian sanctions granted by the United States provided some relief to oil markets but the global economy is still very fragile, the head of the International Energy Agency told Reuters on Tuesday.

European countries are finding it difficult to set up a Special Purpose Vehicle (SPV) to allow non-dollar trade with Iran, Foreign Minister Mohammad Javad Zarif said on Tuesday, according to parliamentary news agency ICANA. 

IRAN is turning to precious metals such as gold and copper in a bid to reinvigorate its economy as crushing US sanctions bite the beleaguered Middle Eastern nation.

THE King of Saudi Arabia has called on the international community to help stop Iran’s nuclear and ballistic missiles programme, and accused the country of causing chaos in the region just weeks after the country came under fire over the murder of journalist Jamal Khashoggi.

U.S. officials and internal government emails revealed the White House was preparing to add Venezuela to the United States list of state sponsors of terrorism on Monday, according to The Washington Post. The move would be a remarkable escalation after President Donald Trump criticized Venezuelan leader Nicolas Maduro since the list is typically used for governments accused of providing "support for acts of international terrorism." The current list only includes Iran, North Korea, Sudan, and Syria. Sen. Marco Rubio of Florida is among several Republican legislators who have pushed for the designation on the grounds that Caracas has ties to Lebanese Hezbollah, the Revolutionary Armed Forces...

It was announced over the summer that Sam Rockwell and Michelle Williams would lead the Lin-Manuel Miranda produced limited series Fosse/Verdon for FX. The eight-episode program will focus on the love and creative-partnership between director-choreographer Bob Fosse (Rockwell) and famed Broadway dancer Gwen Verdon (Williams), and the network has just ...

European Union foreign ministers showed cautious support on Monday for possible new economic sanctions on Iran in a shift of policy after accusations of Iranian attack plots in France and Denmark, diplomats said.

Crude futures rose ahead of settlement in choppy trade on Monday, supported by a reported drawdown of U.S. oil inventories, potential European Union sanctions on Iran and possible OPEC production cuts.

European Union foreign ministers showed cautious support on Monday for possible new economic sanctions on Iran in a shift of policy after accusations of Iranian attack plots in France and Denmark, diplomats said.