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Israel ‘increasingly isolated’ in Middle East: U.S.

US Defense Secretary Leon Panetta said the Arab spring has left Israel “increasingly isolated” in the Middle East and that its military might could not make up for a weakened diplomatic position. Speaking to reporters aboard his plane bound for Israel as part of a Middle East tour, Panetta said…

Obama wants to curb U.S. oil imports by a third

WASHINGTON (Reuters) - President Barack Obama will set an ambitious goal on Wednesday to cut oil imports by a third over 10 years, focusing on energy security amid high gasoline prices that could stall the U.S. economic recovery. Obama will outline his strategy in a speech after spending days explaining U.S.-led military action…