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Europe likely to impose oil sanctions on Iran
Jan 5, 2012
European officials are meeting in Brussels today to discuss an oil embargo against Iran in reaction to the country's nuclear program.
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European leaders agree to oil sanctions for Iran
Jan 5, 2012
European officials meeting in Brussels today have reportedly agreed to an Iranian oil embargo. It's the latest move by the west to punish Iran for its nuclear ambitions.
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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.?
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Chinese company to invest in U.S. oil drilling
Jan 4, 2012
Sinopec will spend billions of dollars on a partnership to drill for natural gas in Ohio. The company is hoping to gain the needed expertise to grow the fracking industry in China.
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Nigeria loses oil subsidy, fuel prices double
Jan 2, 2012
Nigerians are expressing outrage this morning. The government has just announced it's nixing a longtime fuel subsidy. Gas prices there have more than doubled in many places.
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Iraq's oil industry after U.S. withdrawal
Dec 30, 2011
Now that U.S. troops have pulled out Iraq, turns out direct benefit for American oil companies never materialized.
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BP oil engineers could face felony charges
Dec 29, 2011
The U.S. government could soon bring criminal charges against some BP employees in the company's huge 2010 oil spill in the Gulf of Mexico.
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Iran oil blockade unlikely to go through
Dec 28, 2011
Halting, or even dislocating, the flow of one-fifth of the world's oil supply could send the price of crude into the stratosphere. But the oil market doesn't appear to take the threat seriously.
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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.
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PODCAST: Blocking the waterway, blocking the oil
Dec 28, 2011
San Francisco has raised to the minimum wage to over $10 an hour, and that will effect the cities famed restaurants. On the other side of the country, negotiations will start today in New York between building owners and the union representing the people that clean those buildings. As the 10 year birthday of the euro approaches, David Brancaccio looks back at how Marketplace's resident poet described the deal at the time.
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