Successful rocket tests have propelled North Korea ahead in a two-decade long arms race with Japan, leaving Tokyo unsure it could fend off a missile strike by the Pyongyang regime without U.S. help, military sources told Reuters.
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Oil prices fell nearly one percent on Tuesday on news that Iran and Libya have continued to increase production, overshadowing an OPEC agreement struck last week to freeze output levels in a bid to stem a two-year price rout.
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