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Middle East

Jessica Kourkounis/Getty Images
Jessica Kourkounis/Getty Images
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Oil Falls As U.S. Prepares To Push Middle East Peace

NEW YORK (AP) — The price of oil is falling a day after reaching its highest point in almost a month as worries about a possible disruption in Middle East crude supplies lessen.

Benchmark crude fell 68 cents to $88

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Ahmadinejad
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Senate Panel Okays Iran Sanctions

WASHINGTON (AP) — A Senate panel is backing sweeping new penalties on Iran with lawmakers arguing the economic pressure will undercut Tehran's nuclear ambitions.

The Banking Committee approved the legislation Thursday by voice vote in a rare instance of bipartisanship

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