UNITED NATIONS/DUBAI, Jan 4 (Reuters) - Saudi Arabia said on Monday it would restore ties with Iran when Tehran stopped meddling in the affairs of other countries and pledged that Riyadh would continue to work "very hard" to support bids for peace in Syria and Yemen despite the spat.
TOKYO, Jan 5 (Reuters) - Oil prices edged up on Tuesday after a volatile session the previous day, with the impact of tension in the Middle East offset by worries over global economic growth.
American Midstream Partners, LP announced the execution of a multi-year, fee-based agreement with a major refinery customer to lease 650,000 barrels of storage capacity at the Harvey terminal.
Jan 4 (Reuters) - A central European security software firm said on Monday that a cyber attack last month in Ukraine was broader than initially reported last week when the nation's secret police blamed a power outage on Russia.
WASHINGTON, Jan 4 (Reuters) - The United States had raised concerns with Saudi Arabia ahead of the recent execution of a Shi'ite Muslim cleric that worsened tensions between the Sunni kingdom and Iran and deepened the sectarian divide in the Middle East, the White House said on Monday.
(New throughout, updates prices and market activity, adds details about U.S. floods) By Barani Krishnan NEW YORK, Jan 4 (Reuters) - Oil prices weakened on Monday in volatile trade, erasing an early rally as concern about Middle East tensions gave way to worries about slowing global economic growth and sliding stock markets. U.S. crude prices were also pressured by worries that record inventories could swell further at the Cushing, Oklahoma delivery hub.
Misha Gerhard & Lewis LLC is International Strategic Consulting Firm with an extensive presence in the most rapidly developing regions of the world.