U.S. carrier presence in Gulf to decline, briefly
WASHINGTON (Reuters) - The U.S. aircraft carrier presence in the Gulf region will decline for about two months, from two to one carrier, due to unexpected repairs that have triggered a reshuffling of deployments, the Navy said on Wednesday. Full story
Green buildings rise in oil-rich Persian Gulf
With massive steel Sidra trees sprouting from the base of the building and a 9-meter (yard) high sculpture of a spider in the lobby protecting a sack of grey and white eggs, Qatar National Convention Center is hard to ignore. Full story
Pickens: US Doesn't Need Persian Gulf Oil Now
On "Closing Bell," BP Capital Founder Boone Pickens explains why he thinks it's a waste of money to have the U.S. military in the Persian Gulf to protect oil moving through the waterway.
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