Traders bet on oil at $100 as Iran sanctions loom

Oil traders have piled into wagers that U.S. crude oil could surge to $100 a barrel by next year, a milestone that until recently many considered unthinkable due to record U.S. production growth and relatively flat global demand. But the imminent return of U.S. sanctions on Iran and bottlenecks keeping U.S.

From sukuk to warrants, Iran works to deepen capital markets

Iran is developing a range of new financial products, from Islamic bonds to warrants and insurance-linked securities, in an effort to give local firms more funding options as sanctions put pressure on the economy. The Iranian rial has plunged 70 percent against the U.S. dollar in the free market this year,

Yemen peace talks: Houthis setting conditions on a plane staircase

In August, United Nations envoy to Yemen Martin Griffiths announced to the world and the Security Council that consultations between the legitimate Yemeni government and the putschists would be held in the first week of September in Geneva to pave the way for a political solution and end the armed