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Jun 9, 2013

U.S. spy agency seeks criminal probe into leaks

WASHINGTON (Reuters) – A U.S. intelligence agency requested a criminal probe on Saturday into the leak of highly classified information about secret surveillance programs run by the National Security Agency, a spokesman for the intelligence chief’s office said.

Confirmation that the NSA filed a “crimes report” came a few hours after the nation’s spy chief, Director of National Intelligence James Clapper launched an aggressive defense of a secret government data collection program.

Jun 9, 2013

Attorney general under pressure to open more leak inquiries

WASHINGTON (Reuters) – Attorney General Eric Holder appears to have little choice but to launch a new round of investigations into media leaks, the very issue that consumed him for the last month and led to renewed calls for his resignation.

U.S. officials said Holder will undoubtedly be called upon to identify leakers who gave a secret court order to Britain’s Guardian newspaper and a document describing surveillance methods to both the Guardian and the Washington Post.

Jun 9, 2013

U.S. attorney general under pressure to open more leak inquiries

WASHINGTON, June 8 (Reuters) – U.S. Attorney General Eric
Holder appears to have little choice but to launch a new round
of investigations into media leaks, the very issue that consumed
him for the last month and led to renewed calls for his
resignation.

U.S. officials said Holder will undoubtedly be called upon
to identify leakers who gave a secret court order to Britain’s
Guardian newspaper and a document describing surveillance
methods to both the Guardian and the Washington Post.

Jun 8, 2013

Spy chief strongly defends surveillance, calls it legal

WASHINGTON (Reuters) – The top U.S. intelligence official launched an aggressive defense on Saturday of a secret government data collection program, blasting what he called “reckless disclosures” of a highly classified spy agency project code-named PRISM.

While acknowledging PRISM’s existence by name for the first time, Director of National Intelligence James Clapper said it had been mischaracterized by the media. The project is legal, not aimed at U.S. citizens and has thwarted threats against the country, he said.

Jun 6, 2013

Lawmakers in new drive to slash Iran’s oil sales to a trickle

NEW YORK/WASHINGTON (Reuters) – U.S. lawmakers are embarking this summer on a campaign to deal a deeper blow to Iran’s diminishing oil exports, and while they are still working out the details, analysts say the ultimate goal could be a near total cut-off.

Such an extreme goal would risk antagonizing China and India, the biggest remaining buyers of Iranian crude, and could push oil prices higher in a hit to the global economy.

Jun 6, 2013

U.S. lawmakers in new drive to slash Iran’s oil sales to a trickle

NEW YORK/WASHINGTON, June 6 (Reuters) – U.S. lawmakers are
embarking this summer on a campaign to deal a deeper blow to
Iran’s diminishing oil exports, and while they are still working
out the details, analysts say the ultimate goal could be a near
total cut-off.

Such an extreme goal would risk antagonizing China and
India, the biggest remaining buyers of Iranian crude, and could
push oil prices higher in a hit to the global economy.

Jun 4, 2013

U.S. expected to extend waivers on Iran sanctions to India, China

WASHINGTON (Reuters) – U.S. Secretary of State John Kerry is likely to renew waivers on Iran oil sanctions for India, China and several other countries as soon as Wednesday, in exchange for their reducing purchases of crude from the Islamic Republic, two government sources said.

The 180-day exceptions to the oil sanctions would be the third round since President Barack Obama signed the bill in late 2011.

May 31, 2013

U.S. imposes sanctions on Iran’s petrochemical industry

WASHINGTON, May 31 (Reuters) – The United States blacklisted
on Friday eight companies in Iran’s petrochemical industry,
sending a warning to the Islamic Republic’s global customers as
Washington strives to cut off funds to the country’s nuclear
program.

Petrochemical companies owned or controlled by the Iranian
government that are on the Treasury Department list include
Bandar Imam Petrochemical Co, Bou Ali Sina Petrochemical Co and
Mobin Petrochemical Co.

May 17, 2013

Oil price probe widens, senator wants Justice Department help

LONDON/WASHINGTON (Reuters) – A European probe into possible oil price manipulation expanded with the investigation of a small niche trading house in the Netherlands and a key U.S. senator on Friday called for the Justice Department to join the investigation.

Dutch trading house Argos Energies, a mid-sized trading company that deals in physical oil products and owns storage facilities, was visited by inspectors from the European Commission on Tuesday, a source familiar with the investigation said on Friday.

May 17, 2013

Oil price probe widens, US senator wants Justice Dept help

LONDON/WASHINGTON, May 17 (Reuters) – A European probe into
possible oil price manipulation expanded with the investigation
of a small niche trading house in the Netherlands and a key U.S.
senator on Friday called for the Justice Department to join the
investigation.

Dutch trading house Argos Energies, a mid-sized trading
company that deals in physical oil products and owns storage
facilities, was visited by inspectors from the European
Commission on Tuesday, a source familiar with the investigation
said on Friday.

    • About Timothy

      "I cover U.S. energy and environment policy and climate change. Moved to DC in late 2009 after a decade in New York. Author of "Diminishing Resources:Oil," which is one in a series of books for young adults."
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