France hits ISIS where it hurts: Oil stockpilesFrench DM announces two new strikes on ISIS's oil infrastructure, in attempt to cripple monetary resources of the jihadists.
Israel Rules Out Any Payment to 'Enemy' IranIsraeli government says no chance it will pay $1.1 billion over alleged oil debts to enemy state sworn to its destruction.
Israel Ordered to Pay Iran Over 1989 Legal BattleSwiss court orders Israel to pay for 1968 oil transport contract Iran cancelled after Iranian Revolution. Israel: we're not paying anything.
Iraq Regains Control of Oil Refinery Over ISISBaghdad makes incremental progress in fighting ISIS, clears the group out of sensitive oil refinery after 10-month struggle.
Oil is Still Fueling Iran’s Atomic AmbitionsWhile the world’s focuses on uranium and plutonium, it is the ancient fuel oil which drives Iran's nuclear process.
Khamenei: Iran Shall Have its Sanctions RevengeOne day, Iran's Supreme Leader Ayatollah Ali Khamenei said, the tables will be turned - and Iran will be imposing sanctions.
Iran, Iraq Selling Oil at Lowest Prices in a DecadeAs oil prices in Israel begin to creep up again, Iran and Iraq are outdoing each other in offering low prices to Asia.
UN Resolution Cuts Off ISIS's FundingNew resolution passes sanctioning those who engage ISIS in oil trade, antiquities traffic and ransom payments.
UN Security Council Seeks to Choke Off Islamic State FundsAs US plans to authorize military war against ISIS, UN Security Council tackles fight on another front -sanctions against ISIS oil traders.
Experts: Oil Prices to Remain Low in North AmericaCompetition over US, Canadian oil pipeline could dethrone Saudi Arabia as main oil provider, reports say.
Saudis Slash Oil Prices to 'Block' Iranian Nuclear WeaponAnalysts agree radical drop in oil prices due to Saudis flooding market in attempt to crush Iran as US not stopping its nuclear program.
Supporting Terror: EU States Buying Islamic State OilEU Ambassador to Iraq reveals EU states purchasing oil from jihadist terror group, refuses to divulge names of states.
Israeli-Owned Mining Company Discovers Vast Oil Reserves in DRCApproximately 3 billion barrels of oil could be huge source of opportunity for war-ravaged, impoverished African state.
Court Says No to Golan Oil Drilling For NowThe Northern District Planning Commission decides not to give permission for oil drilling on the Golan Heights, at least for the time being.
'Nuclear Bomb Necessary to Put Down Israel'Iranian cleric and lawmaker reveals that Iran 'needs' a nuclear weapon to 'wipe Israel off the map'; also reveals US 'need' for Iran deal.
Report Reveals Assad's 'Secret Iraq Oil Lifeline'Revelation shows Assad's Syria regime propped up by crude oil imports from Iraq slipping past sanctions via an Egyptian port.
PA Digging for Oil in Judea and SamariaThe Palestinian Authority says it will start digging for oil in Judea and Samaria, and sign contracts with British companies on coastal gas.
Journalist: Saudis, Gulf States 'Shocked' By Obama-Rouhani ChatSaudi Arabian officials have sharply criticized President Obama for conducting phone conversation with Iranian President Rouhani.
WWII Deja Vu: Pro-British Arabs vs. Pro-Nazi MuslimsThe same things are at stake. Where is the will to prevent disaster?
Jewish Philanthropist, Oil Trader Marc Rich Dead at 78Jewish philanthropist and oil trader Marc Rich, whose family fled incoming Nazis and as an adult fled US justice untl pardoned, is dead.
In May: US Allies Plan Gulf Naval ExercisesMore than 30 nations will send their sailors to Bahrain in May for an international naval exercise to be held in the Persian Gulf.
Several Wounded in Iran ExplosionSeveral people were wounded Sunday in an explosion in Bandar Imam Khomeini, a port city in Iran, but few details have been released.
India May Cease Iranian Oil Imports As Insurers Back OutIndian refiners may halt imports of Iranian crude oil after insurance firms said refineries processing Iranian oil will no longer be covered
Report: US Plans $16 Billion Gulf Settlement With BPUS authorities plan to propose a $16 billion settlement to British energy giant BP for civil claims related to the disastrous 2010 oil spill
Report: Israel to Buy Oil from South SudanA report Sunday said that Israel had made a deal with South Sudan to purchase oil from the newest country in Africa
Iran Takes Off the Mask, Admits Sanctions Hit Oil ExportsAn Iranian minister breaks ranks with Ahmadinejad, admits sanctions cut oil exports by 45 percent, but nuke program continues.
Iran to Move Airport After Oil Found Under RunwayIran plans to relocate an airport in the southwest of the country after discovering oil deposits under its runway.
Minister: Iranian Oil Revenues Halved By International SanctionsIran is losing half of its oil revenues due to international sanctions imposed over its disputed nuclear program, says minister.
More Gas in Cypriot Block 12, Says Noble EnergyNoble Energy officials say they believe there is “a lot more” natural gas than first estimated in the Cypriot Block 12 offshore field.
Oil Prices Rise After Syrian Jet Forced to LandJets from Turkey that intercepted a Syrian passenger jet caused a surge in oil prices.
Pentagon to Beef Up Cyber SecurityU.S. authorities are holding that Iranian-based hackers were responsible for recent cyber attacks.
Report: Iran 'Outfoxing' Sanctions With Dead-of-Night Oil SalesIran has found a way to outsmart the sanctions against selling their oil overseas.
Gas Prices Spike to All-Time HighIf you're a motorist in Israel, better fill up the tank while you can. Prices at the pump are set to rise to an all-time high this weekend.
Israel Third Most Expensive Country for GasolineIsrael has the third highest price in the world for gasoline, according to a new Bloomberg survey.
Oil Tops $91 a Barrel Amid Rising Mideast TensionsThe price of crude has shot up as the Syrian regime teeters and the US and Iran rattle their sabres over the Strait of Hormuz.
Fuel Price Dropping by 3%One liter of 95 octane gasoline will cost NIS 7.43 at self service pump, as world oil prices dip.
Iranian Oil Minister Blames Europe for High Oil PricesIranian Oil Minister Rostam Qassemi says the embargos imposed by the EU on Tehran are responsible for the soaring hike in oil prices.
Iran Discovers First Oilfield in Caspian Sea in Over 100 YearsIran has discovered an oilfield in the Caspian Sea for the first time in over a century, the Fars news agency reported.
Can 95 Octane Falafel Oil Fuel Your Car?Running cars with gas made from falafel oil is one of several Israeli inventions waiting for investors at a patent exhibition in September.
Report: Israel to Search for Oil on the Golan HeightsReport: Israel has decided to search for oil on the Golan Heights after 20 years of delay due to objections from Syria.
Mysterious Cyber Attack on Iranian Oil DataIran has confirmed that a cyber attack hit its Oil Ministry data systems. It claims there was no damage, but its website is inaccessible.
Jordan Denies Iraqi Oil Reaching IsraelJordan is fending off accusations that Iraqi oil is reaching Israel.
Israel Strikes Oil Off Tel Aviv CoastIsrael has struck oil again, this time off the Tel Aviv coast. Owners say the find includes 100 million barrels of oil, worth $10 billion.
Iran’s Biggest Weapon – Oil – Protects Nuke Sites from AttackA glance at financial markets shows the biggest obstacle to a US green light to stop Iran’s nuclear project is fear of higher oil prices.
India Forced to Cancel Major Iranian Oil DealThe sanctions noose continues to tighten as Iranian oil consumers find insurance for their oil shipments cut off in Europe.
Fuel at $8 Gallon; ‘Go Take the Bus’“Let them eat cake – and take the bus:” The government rejects erasing automatic tax hikes on $8 a gallon gas to take effect Thursday.
EU Tightens Belt on Iranian OilThe European Union has tightened its belt and prepared to cut its consumption of Iranian oil, with sanctions affecting others as well.
Iran Spooks the World with Higher Oil PricesSurging gas prices stuff Iran’s pockets as sanctions are not slowing down Iran’s nuclear race. Iran may have the last laugh.
Sanctions Working? Asia to Reduce Imports from IranChina, India and Japan are planning to reduce their imports of Iranian oil by at least ten percent, an indication sanctions are working.
Iran: Oil Still Flowing to EuropeOil Ministry officials in Tehran raced to denounce a state run Press TV that it was cutting exports to six European countries.
Iran Deploys ‘Oil Weapon,’ Cuts off Six European NationsIran rolled out its “oil weapon” Wednesday and announced a cut in exports to six European countries, including France and Greece.
After The Bomb: India Eyeing Saudi OilIndia is reportedly reconsidering oil imports from Iran after Monday's bombing in Dehli; security officials suspect Iran.
US Prof. Tells Newsweek Israel Must Attack Iran – NowIranian threat is like the Arab threat to destroy Israel in 1967, a history professor tells Newsweek. The danger: Western complacency.
Iran's UN Ambassador Warns: We Can Close Strait of HormuzIran's ambassador to the United Nations says that closing the Strait of Hormuz is an option if "somebody wants to tighten the noose."
Iranian Scientist Killed In Tehran BlastAn Iranian scientist involved in the petroleum industry has been killed in a car bombing in Tehran. Two others were wounded.
Iran Thanks U.S. for Rescuing FishermenIran's Foreign Ministry thanked the United States Saturday for rescuing 13 of its fishermen from pirates.
UK Warns Iran: 'Don't Close Strait of Hormuz'Britain is warning Iran it may resort to military action if Tehran attempts to close the Strait of Hormuz to Western oil shipping.