NEW YORK/LONDON—Oil prices surged again on Monday to multi-year peaks, giving a fillip to materials and energy shares and helping U.S. stocks to reverse early declines as investors looked past stagflation risks for now. U.S. crude jumped 2.28 percent to $81.16 per barrel, a level not seen since late 2014, and Brent rallied 1.9 percent…
Surging Oil Prices Lift Material, Energy Stocks on Wall Street
Iran Makes More 20 Percent Enriched Uranium Than Watchdog Reported
TEHRAN, Iran—Iran has produced more than 120 kilograms (265 pounds) of 20 percent enriched uranium, the country’s nuclear chief said, far more than what the U.N. nuclear watchdog reported last month. Mohammad Eslami said in an interview with state TV late Saturday that under the 2015 nuclear deal with world powers, the other signatories were…
What Is the Real Threat From al-Qaeda and ISIS in Afghanistan? Terrorism Analyst Bill Roggio on Why Afghanistan Fell
The estimated number of Al Qaeda members in Afghanistan remained between 50 and 100 from 2010 to late 2015, says terrorism analyst and editor of the Long War Journal, Bill Roggio. This estimate was only revised after a U.S. military raid of an Al Qaeda training camp, in which about 160 Al Qaeda fighters were…
Taliban Won’t Work With US to Contain ISIS After Terrorist Attacks: Spokesman
The Taliban won’t cooperate with the United States to contain the ISIS terrorist group after it claimed responsibility for a bomb attack that killed dozens of people in the northern city of Kunduz last week, according to a spokesman for the extremist group. Suhail Shaheen, a spokesman for the Taliban, said in an interview Saturday…
Lebanon Faces Electricity Blackout as Power Plants Run out of Fuel
Lebanon’s two main power plants were forced to shut down after running out of fuel, plunging the country into darkness on Saturday. Lebanon, with a population of 6.8 million, is grappling with a crippling energy crisis made worse by its dependency on fuel imports. Erratic power supplies have put hospitals and essential services in crisis…
State TV Says Iranian Speedboats Intercepted US Navy Vessel
TEHRAN, Iran—Iran’s state TV reported Thursday that speedboats belonging to the country’s paramilitary Revolutionary Guard have intercepted U.S. vessels in the Persian Gulf. A U.S. Navy spokesman said he was not aware of any such encounter at sea over the past days. The region remains on edge over Iran’s escalating nuclear program. Talks in Vienna…
ISIS Claims Responsibility for Terrorist Bombing That Killed 46 in Afghanistan
An ISIS terrorist affiliate claimed responsibility for a suicide bomb attack that killed dozens inside an Afghan mosque on Friday. ISIS-K, the Afghanistan branch of the Syria- and Iraq-terror organization, said one of its members was behind the blast via its Amaq news channel. The individual who was behind the attack was a Uyghur Muslim, the group…
Oil Up as Industries Switch From Gas, Little Sign Supply Crunch Easing
Oil prices rose on Friday, and were on track for gains of nearly 5 percent this week, on signs some industries have begun switching fuel from high-priced gas to oil and on doubts the U.S. government would release oil from its strategic reserves for now. “A lot of catalysts are out there to keep the…
US Charges Former Taliban Commander With Killing US Troops in 2008
A former Taliban commander already in U.S. custody has been charged with murder and terrorism-related offenses in the deaths of three U.S. troops and an Afghan interpreter and the downing of a U.S. helicopter in Afghanistan in 2008, federal prosecutors in New York said on Thursday. The U.S. Attorney’s Office in Manhattan said Haji Najibullah…
US to Investigate Allegations Former Afghan President Fled With Millions in Cash
The office overseeing reconstruction in Afghanistan is investigating whether former Afghan President Ashraf Ghani has taken millions of dollars intended for the people of the war-torn country. Ghani, in the wake of the American and NATO forces’ withdrawal and a rapid Taliban takeover, abandoned the besieged city of Kabul on Aug. 15 and has been…
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