In Asia. America’s closest allies Japan and South Korea have followed suit for now.

The U.S. government has agreed to let eight countries keep buying Iranian oil after it reimposes sanctions on Tehran from next week.

The investments required to build the complex will be shared equally by both companies.

Iran is the third-largest producer in the Organization of the Petroleum Exporting Countries (OPEC).

Washington had escalated its willingness to threaten sanctions in pursuit of its foreign policy goals in recent months.

Fears of a global economic slowdown could be behind the rare move.

The 15 countries in OPEC produced an average 33.31 million barrels per day in October.

A month later. Russia’s production alone hit another post-Soviet record of 11.41 million bpd.

Researchers have developed an artificial photosynthesis device that turns sunlight and water into two types of energy - hydrogen fuel and electricity.

The Egyptian intelligence service is slated to receive 80 percent of the income from East Gas.