- Crude rises slightly despite oversupply fears
Crude futures rose ahead of settlement in choppy trade on Monday, supported by a reported drawdown of U.S. oil inventories, potential European Union sanctions on Iran and possible OPEC production cuts.
- This spice could help treat anxiety and depression
We’re calling it: Turmeric has had its time in the spotlight, now it’s saffron’s turn. Lauded as the next big thing in supplements, scientists have found it effective in treating mild anxiety, depression and symptoms associated with PMS. Although we’re not the first to discover it. Saffron has a long history in traditional Iranian and...
- Explorers claim they found Noah’s Ark on top of mountain in Iran
Noah’s Ark has been discovered on top of a mountain in Iran after petrified wooden beams were found on the summit, according to the latest conspiracy theories. Researchers from the Bible Archaeology, Search & Exploration Institute claim there is strong evidence that the ship is on the mountain of Takht-e-Suleiman. The BASE group says they...
- Iran Fast Facts
Read CNN's Fast Facts and learn more about the Islamic Republic of Iran in Central Asia.
- UPDATE 1-Societe Generale to pay $1.34 bln fine for sanctions violations - Federal Reserve
French banking giant Societe
Generale on Monday agreed to pay U.S. federal and
state authorities $1.34 billion to resolve investigations into
its handling of dollar transactions in violation of U.S.
sanctions, the Federal Reserve said.
From 2003 to 2013, the bank executed billions of dollars in
illegal transactions to parties in countries subject to
embargoes or otherwise sanctioned by the United States,
including Iran, Sudan, Cuba and Libya, the authorities said.
- Brent crude slips as investors fear another glut
Brent crude futures fell in choppy trade on Monday, under pressure from growing supply but supported by a reported drawdown of U.S. oil inventories, potential European Union sanctions on Iran and possible OPEC production cuts.
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