Just weeks after the election, President Barack Obama will be faced with a pivotal decision on oil sanctions on Iran, in which he will have to balance the need to stay tough on Tehran without pushing oil prices too high.
Iranian Supreme Leader Ayatollah Ali Khamenei on Wednesday dismissed harsher sanctions imposed on Iran this month over its disputed nuclear activity, saying the country was "100 times stronger" than before.
Iran announced missile tests on Sunday and threatened to wipe Israel "off the face of the earth" if the Jewish state attacked it, brandishing some of its starkest threats on the day Europe began enforcing an oil embargo and harsh new sanctions.
U.S. Senate Republicans blocked legislation for new economic sanctions on Iran's oil sector on Thursday saying they needed more time to study the bill, a surprise move that drew anger from Democrats who wanted approval ahead of nuclear talks next week.
Oil drilling in the Mediterranean Sea off the coast of Haifa was frozen as the investment partners prepare to put a new oil rig in place.
Egypt's energy companies have terminated a long-term deal to supply Israel with gas after the cross-border pipeline sustained months of sabotage since a revolt last year, a stakeholder in the deal said on Sunday.
President Barack Obama vowed on Friday to forge ahead with tough sanctions on Iran, saying there was enough oil in the world market - including emergency stockpiles - to allow countries to cut Iranian imports.
Israel on Friday took its concern about Iran's nuclear programme to one of Iran's main partners, China, and hinted it could launch a preemptive attack on the Islamic Republic despite repeated calls by China to allow diplomacy to take its course.
A majority of Americans would support U.S. military action against Iran if there were evidence that Tehran is building nuclear weapons, even if such action led to higher gasoline prices, a Reuters/Ipsos poll showed on Tuesday.
Iran proclaimed advances in nuclear know-how on Wednesday, including new centrifuges able to enrich uranium much faster, a move that may hasten a drift towards confrontation with the West over suspicions it is seeking the means to make atomic bombs.
Iran castigated its U.S. adversary on Tuesday over new financial measures to disrupt Iranian commerce, and a default on payment for rice purchases highlighted the encroachment of sanctions on the staples of everyday life.
Israel estimated on Thursday that Iran could make four atomic bombs by further enriching uranium it has already stockpiled, and could produce its first within a year of deciding to build one.
India will not reduce the amount of oil Iranian oil it purchases, the country’s finance minister said.
The European Union banned imports of oil from Iran on Monday and imposed a number of other economic sanctions, joining the United States in a new round of measures aimed at deflecting Tehran's nuclear development program.
French President Nicolas Sarkozy said on Friday that time was running out to avoid a military intervention in Iran and he appealed to China and Russia to support new sanctions to force Tehran to negotiate over its uranium enrichment program.
The Obama administration expects a significant drop in foreign dealings with the Central Bank of Iran in the next two months.
Iran will close the Strait of Hormuz if its oil exports are subjected to foreign sanctions, the Islamic Republic's official news agency reported.
Israeli Deputy Foreign Minister Danny Ayalon said in Greece that Israel will defend Greek oil drilling in Cyprus
Defense Minister Ehud Barak played down Tuesday speculation that Israel intends to strike Iranian nuclear facilities, saying no decision had been made on embarking on a military operation.
Greek Prime Minister George Papandreou was scheduled to consult with his Israeli counterpart Benjamin Netanyahu regarding drilling for natural gas near Cyprus.
German companies are drawing criticism for their plans to take part in an oil industry trade show in Tehran. Some 60 German companies will attend this weekend's event in Tehran, which is dedicated to Iran's energy sector, according to the Stop the Bomb nongovernmental organization in Germany. Only China is sending more firms to the show than Germany.
Investors began separating the losers and the gainers from Egyptian unrest on Wednesday, as fears the turmoil would interrupt the world oil trade lifted petroleum prices to their highest level in more than two years while share markets in the Middle East rebounded. The price of North Sea Brent crude futures held above $100 a barrel on Wednesday and just below the 28-month high they reached a day earlier, amid concerns the standoff between Egypt’s government and the opposition might close the Suez Canal. Investors also remained jittery about the risk of unrest spreading to the Middle East’s oil exporters.
And on the fifth day, I learned how not to compost. It was a sunny mid-November morning when I found out that potato peels, celery tops and other vegetable pieces — in other words, most of the 7 pounds of organic matter I had been saving in my refrigerator’s crisper drawer for the past four days — were, in fact, still food.
A subsidiary of Iran's Swiss-based national oil company is the latest firm to be sanctioned under new U.S. measures.
The Republican Party platform endorses positions at odds with those of most Jewish voters -- but not when it comes to Israel.
Experts are saying that talk of an Israeli strike on Iran is a key part of what's unsettling already volatile oil markets.
Everyone's heard that old story about the scientist who invents a "magic pill" that turns water into gasoline -- with the invention eventually getting into the hands of the oil companies that bury it, fearing they will be driven out of business when word gets out about their competition
Joy Horowitz's "Parts Per Million: The Poisoning of Beverly Hills High School" (Viking) is a dense 350-page book detailing a four-year fight between 1,000 litigants who claimed oil wells at the school caused diseases, such as cancer, and defendants -- including the oil companies, the city of Beverly Hills and school officials -- who said there had been no harmful effects from the (profitable) derricks.
Biodiesel itself has the consistency, smell and, yes, taste of Mazola. Made from food oils and alcohol, it disintegrates into harmless organic matter when spilled. It's as toxic as table salt.
It is estimated that this year, American Jews will send approximately $660 million to Saudi Arabia.
You didn't fold a piece of cardboard or stuff an envelope, but the commitment was as good as a pledge. Maybe even better.
Next month, California voters will take sides in what has been an epic battle over Proposition 87, called the Clean Energy Alternative Act.
In the Passover haggadah, we read of the 10 Plagues that God sent to convince Pharoah to let the Hebrew slaves go free. The plagues -- bloody, violent, magical -- are a dramatic highpoint of the narrative. Mindful of the pain these plagues brought even to innocent Egyptians, Jews have traditionally spilled out a drop of their festive seder wine at the recitation of each plague.
Less well-known, according to a leading Israeli archaeologist, is that the Maccabees also were major builders who transformed the face of Jerusalem and restored the centrality of the Temple in Jewish life.
On Dec. 19 at a forum on energy independence hosted by the American Jewish Congress, Laurie David revealed a new anti-oil television advertising campaign designed to make the suburban soccer-mom set shudder with shame every time they pull into a gas station.
Chanukah, the Festival of Lights, is a time to recall the miracle that occurred more than 2,000 years ago, and celebrate the discovery of the small amount of oil that burned for eight days, the amount of time needed to prepare pure oil from the local olive trees to rekindle the flame. That miracle is the focus of the Chanukah celebration that begins at sundown Friday, Nov. 29. Was it also a miracle that this event occurred at this time, since the months of November and December are the usual time for the olive harvest?
In early November this year, we joined Faith Willinger, our Florence-based food-journalist friend, on a trip to Naples and the Campania area of Italy. One of the highlights of our trip was spending several days at the hotel-restaurant La Caveja, located in the small village of Pietravairano, just a one-hour drive north of Naples.
Funny how a massive attack on American shores, the devastating loss of 3,000 innocent lives, the U.S. invasion of one country (Afghanistan), the incipient invasion of another (Iraq) and the continued threat of biological, nuclear and random terror in our own neighborhoods can get people thinking.
The talk here in Los Angeles -- about anti-Semitism and Europe -- is by turns angry and cynical. And not just from the proverbial "Jewish man on the street," so quick to respond both to real and imagined slights. It is almost as though the suspicion that Europeans could not be trusted, that they were fundamentally bred to the bone as anti-Semites, had finally been confirmed. A Jewish leader here, with considerable professional experience working with European organizations, is bitter: The Europeans need oil, he tells me, and the Arabs have it. The rest is conversation.
"American Pie" star Shannon Elizabeth may appear to have perfect skin. But Michelle Ornstein knows that everyone, even stars, have bad skin days. And when they do, they turn to this Israeli-born spa owner for help.
"Welcome home, Marlene. It's about time you joined my family," my father said. He was greeting the news that well into the age of wisdom, I've finally begun eating sardines.
Neighbors for a Safe Environment (NASE) won a round April 18 in its ongoing battle with an oil company that wants to expand operations at a site in the Pico-Robertson area.
The city Zoning Administration last week approved a proposal to expand and modernize an oil drilling site in the heart of the heavily Jewish Pico-Robertson area, while attaching an extensive list of monitoring and construction conditions.
Neighbors for a Safe Environment (NASE) is calling Breitburn to task over its proposal to increase production.
When Pavel Vogler left Krakow for Southern California in 1992, he brought almost 100 of his favorite paintings. The darkly shaded oil works in blue, black and purple show Vogler's vision of his hometown and its medieval Jewish quarter, Kazimierz, filled with empty synagogues. Moonlight, twilight and the glow of streetlamps illuminate Vogler's Polish works, where ghosts of a Jewish history haunt cobblestone streets.
Breitburn has submitted an application to the city zoning board for an expansion. The public will have a chance to air their thoughts and learn more about the project at a hearing before the zoning administrator on Thurs., Dec. 2 at 4 pm at the Holiday Inn Select, 1150 South Beverly Dr.
The other day, an older client said to me, "I've reached that point in my life where the only thing I want to exercise is caution."
Just because we're getting older doesn't mean we can slack off on exercise. You can choose to be 20-years-old or 50-years-young. The difference is often in how well we take care of ourselves -- and that means exercise and eating right..
Potato latkes are Chanukah's signature dish, not because of the potato -- but because of the oil. Potatoes did not exist in the Holy Land when the ancient Israelites triumphed over the Syrians.