Middle East

Saudi Arabia, however, still may not be satisfied as the oil-producing nations prepare to meet in Vienna.

A combination of factors, including human error, led to a U.S. airstrike in Syria in September that killed a number of fighters aligned with the Syrian regime instead of Islamic State, a Pentagon report concludes.

Saudi Arabia enters the final day of negotiations before a crucial OPEC meeting with a stark choice: Take on the lion’s share of oil-output cuts, or walk away from a deal if other producers won’t help.

Iran and Russia have emerged as potentially deal-breaking obstacles to cuts in global oil production as OPEC members engage in a last-minute blitz of diplomacy ahead of a meeting on Wednesday.

For all his promises to get America out, Obama’s legacy is a renewed war in Iraq.

With OPEC members heading toward a possible showdown this week at their meeting in Vienna, crude prices rallied as traders bet that major oil producers can still reach an agreement to cut production.

Saudi Arabia’s sovereign-wealth fund said Monday that it will acquire a 50% stake in an investment company led by Emirati businessman Mohamed Alabbar.

Syrian forces and allies captured roughly a third of opposition-controlled territory in Aleppo, displacing thousands as rebel defenses crumbled in the face of a Russia-backed offensive.

The growth potential for online sales of luxury goods is seen as strong in the Middle East, even as it slows elsewhere, prompting analysts to applaud the joint venture.

A flotilla of Russian warships in the Mediterranean is providing a high-profile show of force in support of the Syrian regime. But the deployment has also thrown into sharp relief the limits of Moscow’s conventional military.

So-called peak oil demand is a mind-bending scenario that global producers such as Royal Dutch Shell and state-owned Saudi Aramco are beginning to quietly anticipate.

The partners behind a gargantuan apartment complex being built on Manhattan’s far West Side have nailed down $2.3 billion in construction financing at a time when money from traditional lenders is hard to come by.

French aircraft struck and likely killed one of the most wanted senior al Qaeda operatives in southern Libya earlier this month, marking a new level of cooperation between France and the U.S. on targeting militants, U.S. officials said.

Schlumberger, the world’s largest oil driller by market value, said Sunday it had signed a preliminary deal to study an Iranian oil field, as Donald Trump’s presidential victory has yet to deter U.S.-connected companies from dealing with Tehran.

Hundreds of people fled their homes in Aleppo Sunday as pro-regime forces continued to advance into opposition-held areas amid intense bombardment, seizing control of at least one neighborhood as they gained momentum against rebels in the war-torn city.