Sanctions on Iran Driving Up Global Oil Prices

The head of the U.S. Energy Information Administration on Thursday dismissed the idea that a "quick fix" could reduce U.S. gasoline prices, saying that rising demand and short supply resulting from sanctions on Iran's oil sector are driving up prices. EIA Acting...

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Israel’s Plan to Attack Iran On Hold for 2012

After viewing the results of a Pentagon war simulation and securing more military funding from the U.S., Israel has decided to put off any plans for a unilateral strike on Iran until at least next year, according to reports. The so-called war game was classified but...

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