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International Business Times

Latest News

Embattled Worldcoin To Launch Layer-2 Blockchain Called World Chain

Thursday April 18th, 2024 11:00:01 AM
Worldcoin, which is under international scrutiny for its alleged infringements on data privacy rights, will launch a new layer-2 blockchain that will be "deeply integrated with the Worldcoin protocol."

Norway's Wealth Fund Posts $107 Bln First Quarter Gain

Thursday April 18th, 2024 10:45:11 AM
Norway's sovereign wealth fund, the world's largest, posted a gain of more than $100 billion in the first quarter amid the global stock market recovery, it said Thursday.

Middle East Conflict Live: Israel Kills Hamas Intel Leader; EU To Impose New Sanctions On Iran

Thursday April 18th, 2024 10:44:26 AM
On Day 195 of the war in Gaza, a key intelligence officer within Hamas was killed by the Israeli army as the world moves to sanction Iran for its aerial attacks toward Israel over the weekend that shook the global community.


International Business Times

Latest News

Embattled Worldcoin To Launch Layer-2 Blockchain Called World Chain

Thursday April 18th, 2024 11:00:01 AM
Worldcoin, which is under international scrutiny for its alleged infringements on data privacy rights, will launch a new layer-2 blockchain that will be "deeply integrated with the Worldcoin protocol."

Norway's Wealth Fund Posts $107 Bln First Quarter Gain

Thursday April 18th, 2024 10:45:11 AM
Norway's sovereign wealth fund, the world's largest, posted a gain of more than $100 billion in the first quarter amid the global stock market recovery, it said Thursday.

Middle East Conflict Live: Israel Kills Hamas Intel Leader; EU To Impose New Sanctions On Iran

Thursday April 18th, 2024 10:44:26 AM
On Day 195 of the war in Gaza, a key intelligence officer within Hamas was killed by the Israeli army as the world moves to sanction Iran for its aerial attacks toward Israel over the weekend that shook the global community.


International Business Times

Latest News

Iran's New Oil And Gas Contract Terms Flexible On Crude Price, Risk: Official

Saturday November 21st, 2015 01:48:00 PM
TEHRAN, Iran (Reuters) -- Iran's new oil and gas contracts will have flexible terms that take into account oil price fluctuations and investment risks, a senior Iranian official told Reuters Saturday. Iran is trying to lure back international oil companies to develop its vast oil and gas reserves once sanctions are lifted under a deal with world powers. Iran will announce a new development contract model at conferences in Tehran Nov. 28-29 ‎and in London in February.

With Crude Prices At Historic Lows, Saudi Arabia Pledges To Keep Oil Coming

Sunday November 8th, 2015 10:32:47 PM
A year after the price of crude went into free fall, the Kingdom of Saudi Arabia has said that it has no plans to reduce oil drilling. In comments to the Financial Times, Saudi officials said they see no reason to slow the supply of oil in advance of an international producers' meeting in December. 

How Will Federal Budget Deal Affect US Oil Security?

Wednesday October 28th, 2015 07:27:23 PM
As Middle East and Latin American countries grapple with sinking oil prices, the United States is considering a budget deal that would require the sale of 58 million barrels of oil from the emergency reserve created decades ago to shield the nation from market disruptions. While this release of crude is unlikely to directly affect oil prices, some experts say depleting the Strategic Petroleum Reserve could leave the U.S. vulnerable to unforeseen events that disrupt global oil markets.






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