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(FILES) In this file photo taken on December 15, 2014, general manager of Alarab TV, Jamal Khashoggi, looks on during a press conference in the Bahraini capital Manama. - US President Donald Trump said October 11, 2018 he was not yet prepared to limit arms sales to Saudi Arabia over journalist Jamal Khashoggi's disappearance, but he faced mounting pressure from concerned American lawmakers. Saudi Arabia is one of the world's largest arms purchasers, with most of them coming from the United States.Khashoggi, a contributor to The Washington Post, vanished more than a week ago during a visit to the Saudi consulate in Istanbul. Turkish government sources say he was murdered there, a claim Riyadh denies. (Photo by MOHAMMED AL-SHAIKH / AFP)

Turkey accuses America of turning a blind eye to Saudi killing of Jamal Khashoggi

Turkey has accused the United States of trying to turn a blind eye to the murder of Saudi journalist, Jamal Khashoggi, in Istanbul.
Organisation of Petroleum Exporting Countries (OPEC) | Reuters

Oil price stabilises over supply cut by OPEC

Oil prices rose by one per cent yesterday as traders expected top exporter Saudi Arabia to push the Organization of Petroleum Exporting Countries (OPEC) to cut supply toward year-end.
Iraqi President Barham Salih has announced that his country has agreed to establish a free-trade zone along its border with Iran, following a meeting with his Iranian counterpart, Hassan Rouhani in Tehran. AFP

Iraq to establish free-trade zone along border with Iran

Iraqi President Barham Salih has announced that his country has agreed to establish a "free-trade zone" along its border with Iran, following a meeting with his Iranian counterpart, Hassan Rouhani in Tehran.
Iran

Iran executes two men for economic crimes

Iran executed two men accused of economic crimes on Wednesday, part of an effort to stem financial misconduct as the country faces an economic crisis and new U.S. sanctions targeting its oil sector.

Boat with 15 migrants sinks off Turkey’s Aegean coast

A boat carrying 15 migrants sank off Turkey’s Western Coast in the Aegean Sea, the Turkish Coastguard said on Monday as the search was going on for survivors.

Jean-Yves Le Drian: France not in possession of Jamal Khashoggi tapes

French Foreign Minister Jean-Yves Le Drian on Monday said that France was not in possession of recordings related to the killing of Saudi journalist Jamal Khashoggi.

Major oil producers to consider cuts after price slide

Major oil producers meet in Abu Dhabi on Sunday to consider reverting to output cuts after a sharp slide in crude prices revived fears of a 2014-style crash.
Bijan Namdar Zangeneh

Iran: Oil prices will rise due to U.S. sanctions

The Iranian government has warned U.S. sanctions on the country’s oil sector would lead to “painful months” for consumers worldwide as oil prices rise, Iranian Oil Minister Bijan Namdar Zangeneh said on Thursday.
Organisation of Petroleum Exporting Countries (OPEC) | Reuters

OPEC: Return to oil production cuts likely in 2019

A return to oil production cuts by Organisation of Petroleum Exporting Countries (OPEC) and its allies in 2019 cannot be ruled out, a senior OPEC source said on Wednesday to avert a possible supply glut that could weigh on prices.

Oil price rises to $73 a barrel

Oil rebounded to $73 a barrel on Wednesday after falling to its lowest since August, supported by a report that Russia and Saudi Arabia are discussing oil output cuts in 2019.
EDITORS NOTE: Graphic content / Members of Islamic Movement of Nigeria (IMN) wave flags and chant slogans as they take part in a demonstration to protest against the imprisonnement of a Shiite, in Abuja, on October 29, 2018. - The army and police confronted members of the Islamic Movement of Nigeria (IMN), the group's spokesman Ibrahim Musa told AFP, amid reports of casualties. Rights groups have accused Nigeria's military of killing more than 300 IMN supporters and burying them in mass graves during the 2015 confrontation, a charge the military strongly denies. (Photo by Sodiq ADELAKUN / AFP)

Group petitions US to intervene over Shiites violent protests

A non governmental group – Save Humanity Advocacy Centre (SHAC) – has sought the intervention of the United States of America (USA) into the deadly clashes between members of Shiite group, Islamic Movement in Nigeria (IMN), and Nigerian security agencies.
A pedestrian walks past a stock indicator board for the Tokyo Stock Exchange being displayed in a window of a securities company in Tokyo on October 1, 2018. - Japanese shares powered to a new 27-year high on October 1 after the US and Canada clinched a long-awaited trade deal, but other Asian equity markets struggled in subdued holiday trading. (Photo by Martin BUREAU / AFP)

Asian stocks sink as risk sentiment sours

Asian stocks sank on Monday as fears of faster rate hikes in the United States and uncertainty around the Sino-U.S. trade war deterred investment in riskier assets.
President Donald Trump speaks during his meeting to discuss potential damage from Hurricane Michael, in the Oval Office of the White House in Washington, Wednesday, Oct. 10, 2018. (Pablo Martinez Monsivais-Associated Press)

US unleashes ‘toughest ever’ sanctions on Iran

The United States unleashed its “toughest ever” sanctions against Iran on Monday, a move that has already sparked mass protests in the oil-rich nation.
Iranian President Hassan Rouhani - AFP PHOTO - ALEX HALADA

Hassan Rouhani: Iran will ‘proudly’ break US sanctions by selling oil

Iran's president has said his country will "proudly bypass sanctions" imposed by Donald Trump by selling oil.
Iran - Organization of Petroleum Exporting Countries - OPEC

Iranians rally to mark anniversary of US Embassy takeover

Thousands of Iranians have rallied in Tehran to mark the 39th anniversary of the US Embassy takeover, as Washington prepares to reimpose all sanctions lifted under the 2015 nuclear deal.
Iran Oil and Gas

US Iran sanctions move hits European companies

US President Donald Trump's decision to pull the United States out of the 2015 nuclear accord with Iran and reimpose a raft of sanctions puts European businesses on the spot.

Russia says US sanctions ‘illegal’, will help Iran trade oil

Russian Energy Minister Alexander Novak has said Moscow will support Iran to counter US oil sanctions.
Abdolnaser Hemmati

CBI: US fails in fully sanctioning Iranian oil

Governor of the Central Bank of Iran (CBI) Abdolnaser Hemmati said that the United States failed in sanctioning Iranian oil.

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Police vows to track down killers of DELSU student

The Police in Delta State has vowed to track down killers of the Delta State University (DELSU) student, Elizino Joshualia Ogege who was gruesomely murdered by persons suspected to be ritual killers.

Farouk Lawan demanded $500,000 bribe – Femi Otedola tells court

Businessman, Femi Otedola, on Wednesday, revealed that a former House of Representatives member, Farouk Lawan, demanded a $500,000 bribe from him to remove his company, Zenon Petroleum and Gas Limited from the list of oil companies allegedly involved in fuel subsidy fraud.

Yahaya Bello promises N100 million reward for information on aide’s killers

Governor Yahaya Bello of Kogi has promised a N100 million reward to anyone with information that could lead to the arrest of those that killed Malam Yusuf Adabenege, his Special Adviser on Culture and Tourism.

Kogi: Why we shut telecoms facilities

The Kogi state government on Wednesday countered the claims of the Association of Licensed Telecommunications Operators (ALTON) over the shutting down of facilities in the State, saying the action was based on court orders.
Turkish President Recep Tayyip Erdogan makes a speech during Turkey's ruling Justice and Development (AK) Party’s provincial chairmen meeting at the party headquarters in Ankara on March 30, 2018. - AFP PHOTO - ADEM ALTAN

Recep Erdogan takes aim at George Soros over jailed Turkish philanthropist

Turkish President Recep Tayyip Erdogan on Wednesday accused George Soros of aiding a jailed Turkish philanthropist facing hugely controversial charges of seeking the overthrow of the government, describing the Hungary-born American billionaire as a "famous Hungarian Jew".