DOHA, Qatar — Among senior U.S. officials, the wealthy Gulf nation of the United Arab Emirates is known by an affectionate nickname: Little Sparta. Subscribe to read this story ad-free Get unlimited access to ad-free articles and exclusive content. The moniker, often attributed to former U.S. Defense Secretary James Mattis, reflects the American admiration for … Read more
The United Arab Emirates said Tuesday that it would leave OPEC, the Organization of the Petroleum Exporting Countries, which coordinates oil output among leading energy producing nations. The country joined OPEC in 1971. Subscribe to read this story ad-free Get unlimited access to ad-free articles and exclusive content. The departure from OPEC will likely lead … Read more
How Persian Gulf nations are reacting to the U.S. and Iran’s temporary ceasefire – CBS News Watch CBS News U.S. officials are meeting Iranian and Pakistani officials in Islamabad on Saturday in direct talks, the White House says. CBS News’ Haley Ott has more on the global reaction to the two-week ceasefire. Source link
1m ago Oil prices drop below the $100 a barrel mark as stocks soar on ceasefire news Oil prices plunged Wednesday, staying well above pre-war levels but dropping below the $100 a barrel mark, and stocks soared after the United States and Iran said they had agreed to a two-week conditional ceasefire that should … Read more
1m ago Oil prices keep soaring after Trump indicates Iran war likely to intensify with weeks yet to go Oil prices continued to surge on worries of a prolonged Iran war but most Asian markets that were open rose moderately in cautious trading Friday. In Europe, trading was closed in France, Germany and Britain … Read more
The Trump administration on Tuesday exempted oil and gas drilling in the Gulf of Mexico from the Endangered Species Act after Defense Secretary Pete Hegseth said environmentalists’ lawsuits threatened to hobble domestic energy supplies as the U.S. wages war against Iran. Critics said the move by the government’s Endangered Species Committee could doom a rare … Read more
Key committee votes to exempt oil and gas activity in Gulf of Mexico from Endangered Species Act – CBS News Watch CBS News The Endangered Species Committee voted Tuesday to exempt oil and gas activity in the Gulf of Mexico from the Endangered Species Act protections. CBS News’ Shanelle Kaul has more. Source link
A U.S. government panel was due to convene Tuesday for the first time since 1992 to consider exempting oil and gas drilling in the Gulf of Mexico from the Endangered Species Act due to unspecified national security concerns, a move critics say could doom a rare whale species and harm other marine life. Nicknamed the … Read more
The U.S. and Israel continued launching strikes against Iran over the weekend, with the Israeli military telling CBS News that 70% of Iran’s ballistic missile launchers have been taken out. But Iran continues launching its own strikes against targets in the Gulf. Holly Williams reports. Source link
The U.S.-Israeli air campaign has battered Tehran and cities across the country, destroying homes and killing more than 1,900 people, according to Iran’s deputy health minister. U.S. and Israeli officials and commanders say the campaign is designed to decimate Iran’s missile and drone programs and that it will soon succeed in crippling Tehran’s ability to … Read more