Christopher News In Gulf From New Gulf Daily

Opec to keep oil - From article.wn.com - 6 day 4 hrs 35 mts ago Tuesday, March 09, 2010 - Powered by Christopher Johnson Reuters LONDON: OPEC will keep oil production targets on hold this month but could raise output later in the year as the world recovers from recession, pushing up demand for fuel, a Reuters poll showed Monday. Fourteen analysts were unanimous in saying the Organization of Petroleum Exporting Countries (OPEC) would roll over its existing commitment to pump no more than 24.84 million barrels per day (bpd), equivalent to about 30 percent of global demand....

Iran casts its shadow over iraq vote - From article.wn.com - 11 day 4 hrs 45 mts ago BAGHDAD - As the U.S. prepares to withdraw its forces from Iraq, Iran is said to be working hard to fill a potential power vacuum — an effort that faces its first big test in Sundays elections, in which Tehran is backing hard-liners against a coalition of moderates. Shiite Iran already has reliable allies in Syria, Lebanons Hezbollah and Gazas Hamas, and a free rein in Iraq would broaden its regional leverage, unnerving Israel and potentially diminishing the clout of Sunni powerhouses like Saudi Arabia and Egypt. But it is Irans alleged political meddling — what U.S. Ambassador Christopher Hill called its malevolent involvement — that most troubles U.S and Iraqi officials.advertisement...

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