Oil falls after Saudi pipeline fire rumour doused
Oil prices reversed course on Friday after
Thursday's rumour of a Saudi pipeline fire sent crude soaring. After
the Saudis, the world's largest exporters of crude, denied the
rumours, prices sank in all major markets. New York's main contract,
West Texas Intermediate crude for delivery in April, shed $2.14 to
$106.70 per barrel, one day after hitting a nine-month high at
$110.55.
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IAEA gropes for way around Iran impasse
The UN atomic agency's board will be looking for
a way out of its impasse with Iran after two fruitless visits
probing Tehran's suspected nuclear weapons drive, in a meeting
starting Monday. In a report sent to International Atomic Energy
Agency member states on February 24, watchdog chief Yukiya Amano
said that after the two visits, on January 29-31 and February 20-21,
“major differences” with Tehran remained.
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Bodies of Marie Colvin, Remi Ochlik arrive in Paris
The bodies of two Western journalists killed in
Syria were being returned to Paris overnight, France's ambassador to
Damascus Eric Chevallier told AFP. "I confirm that... the bodies of
Remi Ochlick and Marie Colvin are aboard the Air France flight which
has just left Damascus bound for Paris," he said.
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Obama warns against premature Iran strike
‘As president of the United States, I don’t
bluff’:
US President Barack Obama warned on Friday
against a premature attack on Iran, while Israeli leader Benjamin
Netanyahu insisted his country had the right to self-defense and
needed room to maneuver. But in an apparent nod to Netanyahu ahead
of key White House talks on Monday, Obama said if sanctions failed
to curb Tehran's nuclear ambitions, US military action against
Iranian nuclear facilities should not be ruled out.
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