Crude oil prices plunged more than 1 dollar a barrel today as tensions eased in the stand-off between Britain and Iran over captive British military personnel.

Gunmen have kidnapped a British oil worker from an offshore oil rig in southern Nigeria, British officials said today.

Armed men have besieged an oil complex in southern Nigerian owned by a subsidiary of Royal Dutch Shell PLC, a local leader said today.

One of the most famous protestors against multinational oil companies will be represented at Saturday’s national rally to free the Rossport Five.