Oil traders razor-focused on signs of escalating violence in the Middle East were jolted on Thursday by a Twitter posting from the Israeli military that, at first glance, suggested they had just bombed Syrian airports. Oil prices jumped $1 as the talk raced through oil markets, which frequently react quickly to rumors of geopolitical events…
(JTA) — With less than a month to go until presidential elections, the moustachioed smile of Ilham Aliyev stares down at his countrymen from giant posters scattered around this bustling metropolis on the Caspian Sea. The Azerbaijani president has been in office since 2003 and is widely expected to be re-elected, extending the leadership of…
A New York state court on Thursday ruled that two towns should be able to choose whether or not they can ban a controversial oil and gas drilling technique known as “fracking.” In a decision that could set precedent in the state and create a major setback to oil and gas drilling firms, the New…
Venezuelan opposition leader Henrique Capriles expressed outrage on Monday at the description of his supporters as “heirs of Hitler” by election rival and acting President Nicolas Maduro. The buildup to the South American OPEC nation’s April 14 vote has been characterized by highly personalized attacks between both candidates hoping to replace the late Hugo Chavez….
Venezuelan opposition presidential candidate Henrique Capriles on Monday vowed to end the OPEC nation’s shipments of subsidized oil to communist-run Cuba, slamming acting President Nicolas Maduro as a puppet of Havana. Capriles has berated Maduro as a weak imitation of the late Hugo Chavez, whose death two weeks ago convulsed the country and triggered the…
A float satirizing local politicians dressed as Nazis holding canisters of Zyklon B gas is to take part in a carnival parade in the Belgian city of Aalst. The float, which also features a railway wagon and a political leader dressed as Hitler, was featured on the Facebook page of a group called FTP. The…
Amid the uproar over the Supreme Court’s late-June rulings on healthcare and immigration, you might have missed what could be the most important federal court ruling of the year: a unanimous June 26 decision by the U.S. Court of Appeals in Washington, D.C., protecting the Environmental Protection Agency’s greenhouse gas regulations. The Bush-era EPA was…
Iran will close the Strait of Hormuz if its oil exports are subjected to foreign sanctions, the Islamic Republic’s official news agency reported. “If they impose sanctions on Iran’s oil exports, then even one drop of oil cannot flow from the Straits of Hormuz,” IRNA quoted Mohammad Reza Rahimi, Iran’s first vice-president, as saying, referring…
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