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Bahrain declares 56% rise in fuel price

PERSIAN GULF

Bahrain declares 56% rise in fuel price

Bahrain, following suit with other Persian Gulf Arab states, is to slash energy subsidies as the country feels the sting from nosediving oil prices.

India court jails 35 sailors

INDIA

India court jails 35 sailors

A court in India sentences 35 foreign and local sailors to five years in prison for illegally carrying weapons.

5 more SP phases operational by summer

ENERGY

5 more SP phases operational by summer

Managing director of the National Iranian Oil Company says the Islamic Republic will make five more phases of South Pars gas field operational by summer 2016.