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World 21 Sep 2020 | 10:38 PM

U.S. imposes Iran sanctions, says U.N. penalties resume despite skepticism

WASHINGTON (Reuters) - The United States on Monday slapped new sanctions on Iran's defense ministry and others involved in its nuclear and weapons program to support the U.S. assertion that all U.N. sanctions against Tehran are now restored, which key European allies as well as Russia and China reject.

Energy 21 Sep 2020 | 7:00 AM

Oil patch short-seller profits from crash

NEW YORK: A hedge fund betting on the decline of fossil fuels has made a 25% gain this year after oil’s historic crash sent energy stocks plummeting. Now it expects them to fall further if Joe Biden wins the US presidential election.