The US Commerce Department recommended against approval of China Mobile's seven year old application to enter the domestic market on Monday, citing national security concerns.Full Story
All oil exports from Libya's east have been suspended after operations halted at two key ports, the Tripoli-based National Oil Corporation said Monday, in a further blow to the vital sector.
The NOC said a crisis following military strongman Khalifa Haftar's recapture of ports in Libya's oil crescent last month has slashed production, previously estimated at one million barrels a day, by 850,000 bpd.Full Story
The European Union warned on Monday that up to $294 billion worth of US exports would face counter-measures if President Donald Trump went through on its threat to slap duties on auto imports.Full Story
British petroleum giant BP has started operating a $28-billion pipeline in Azerbaijan to supply gas to Turkey and elsewhere in Europe, the company said in a statement on Monday.Full Story
Chinese stocks closed down sharply on Monday, with investors selling on weaker-than-expected economic data and nervously eyeing the next phase in the US-China trade dispute.Full Story
Iran vowed Sunday to defeat U.S. efforts to block its oil exports and warned rival producer Saudi Arabia it would never take Tehran's "place" on the international oil market.Full Story
Saudi Arabia's economy pulled out of recession in the first quarter of 2018, thanks to rising oil prices and a surge in the non-crude sector, authorities said Sunday.Full Story
Britain's Environment Secretary Michael Gove ripped up plans for possible future customs arrangements with the EU, according to reports Saturday, as tensions within the cabinet over Brexit continue to surface.Full Story
After weeks of uninterrupted sunshine the strawberry season is in full swing in the so-called Garden of England.Full Story
As the world's largest per capita car producer, Slovakia stands to be hit hardest if U.S. President Donald Trump makes good on his threat to impose a 20 percent tariff on cars imported from the EU, analysts say.
Trump's threat was the latest salvo in an escalating trade war that saw the European Union slap duties on U.S.-made jeans and motorcycles in a tit-for-tat response to U.S. tariffs on European steel and aluminum exports.Full Story