WASHINGTON U.S. sailors who blundered into Iranian waters in January divulged sensitive information to their captors while held at gunpoint by Iran's Islamic Revolutionary Guard Corps, a U.S. Navy report said on Thursday. | Video
NEW YORK Oil prices dropped more than 3 percent on Thursday, pressured by returning Nigerian and Canadian crude output from outages and as traders booked profits at the end of the best quarter in seven years.
ANKARA Iran said on Thursday it was under no obligation to buy A380 superjumbo jets, state news agency IRNA reported, raising further questions over part of a landmark deal with European planemaker Airbus .
LONDON OPEC's oil output has risen in June to its highest in recent history, a Reuters survey found on Thursday, as Nigeria's oil industry partially recovers from militant attacks and Iran and Gulf members boost supplies.
PARIS As Western plane makers seek to finalise lucrative deals to sell some 200 jets to Iran, doubts are growing over the sale of a dozen Airbus A380 superjumbo jets to the country's national flag carrier, several people familiar with deal said.
DUBAI/LONDON Oil minister Bijan Zanganeh has handed the running of Iran's national oil company to a trusted ally in a push to agree long-awaited deals with global oil majors, which could be derailed by next year's presidential polls.
DUBAI Iran's supreme leader has blasted as "foolishness" a decision by Bahrain's leaders to strip a top Shi'ite Muslim cleric of his citizenship, and said it could provoke violence from Shi'ites, who make up the majority in the Sunni-ruled Gulf kingdom.
WASHINGTON United States Navy officials are reviewing potential punishments against the American sailors who were briefly held by Iran in January and are close to a decision, a Navy official said on Thursday.
TASHKENT The Shanghai Cooperation Organisation (SCO), a China-led security bloc, refused to initiate Iran's accession on Thursday despite a request from Russia which backs Tehran's bid, indicating possible divisions between Beijing and Moscow.
CAIRO Residents of a village in central Yemen said Iran-allied Houthi fighters shot dead seven farmers on Thursday while searching for the leader of a pro-government militia.
WASHINGTON - Republican Donald Trump said on Thursday that if elected president Nov. 8 he would be open to drawing NATO forces into the fight against Islamic State militants in a new mission for an alliance he has called obsolete. | Video