Stories Tagged as
Iran
Iranian oil: To ban or not to ban?
Jan 5, 2012
The European Union has threatened to embargo oil from Iran. Iran snapped back, saying if that happens, it won't let any oil ships pass through the Strait of Hormuz. How might this affect Europe and the U.S.?
PODCAST: Central Time takes center stage
by
Mary Dooe
Jan 3, 2012
Today's Iowa caucuses mark the start of the 2012 election season. While the car brand Cadillac is expecting a strong year ahead, with a focus on becoming a global brand -- but Ford's Lincoln isn't going to be quite so lucky. Manufacturing hiring is finally picking up, but this time around companies are looking for more skilled workers. And Steve Chiotakis heads to the junk yard with Paddy Hirsch to understand junk bonds.
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Other nations promise help if Iran cuts off oil supply
Dec 28, 2011
Oil prices are down a bit this morning after a Saudi oil official said his country would pump more crude. That follows Iran's threat to block the Strait of Hormuz, where about one fifth of the world's oil passes through.
What the Strait of Hormuz means for world oil
Dec 28, 2011
Iran's navy chief said today his country could very easily close the world's most important oil transit channel. The threat to close it comes after the West imposed more sanctions on Iran over its nuclear program.
Why Iran is pushing back on sanctions
Dec 28, 2011
As the European Union prepares to increase sanctions on Iran over its nuclear program, the Islamic Republic has retaliated with a threat to close the Strait of Hormuz, a strategic waterway for oil exports.
Italian bond sale, Iranian threat impacting markets
by
Josh Brown
Dec 28, 2011
Iran has repeated its threat to block the Straight of Hormuz where about a-fifth of the world's oil passes through. In Italy today, investors seemed happy to buy up the country's debt.
Blocking Strait of Hormuz would affect gas prices immediately
Dec 28, 2011
Iran has threatened to block the strait if President Obama signs a bill to impose sanctions to keep it from making nuclear weapons. The impact on oil prices worldwide would be major and immediate.
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Iran reacts to U.S. threat of nuclear sanction
Dec 28, 2011
Iran has threatened to send military ships to block the Strait of Hormuz if President Obama signs a bill to impose sanctions to keep Iran from making nuclear weapons.