– Oil prices climbed sharply on Friday, with Brent crude touching $110 a barrel for the first time since May. Worries that escalating Middle East tensions could further tighten supplies drove the rally. Brent for...
Oil prices recovered modestly on Tuesday after Brent crude and WTI fell more than 2% in the previous session. Brent futures rose 27 cents, or 0.3%, to $92.44 a barrel by 0330 GMT. U.S. West...
The Joe Biden administration imposed terrorism sanctions on two accountants in Lebanon and two companies that provided financial services to the militant group Hezbollah. As reported by AP, the Treasury Department will also sanction a...
The United States Treasury Department has imposed severe sanctions against Hezbollah, specifically targeting the group's financial facilitator, Lebanese businessman Ahmad Jalal Reda Abdallah, and his companies. The Treasury Department's Office of Foreign Assets Control has...