News

The new EU sanctions include a lower oil price cap, the designation of the “biggest Rosneft refinery in India”, and measures ...
Oil prices extended gains on Friday, underpinned by supply concerns following drone attacks on northern Iraqi oilfields and ...
Stay tuned for real-time updates on regional politics, energy, diplomacy, security, economy, civil unrest and religion.
Drones struck Tawke and Ain Sifni on Wednesday, marking three consecutive days of attacks on Kurdistan oil fields.
Drones targeted oil fields in Iraq’s semi-autonomous northern Kurdish region Wednesday, the latest in a series of attacks in recent days that have put several oil facilities out of commission.
Iraq is fast-tracking a new floating LNG terminal tender, with a U.S. firm as the likely supplier, to address its deepening gas supply crisis and reduce reliance on Iranian imports.
By bnm Gulf bureau The foreign-calculated sums are stark. Iraq's budget deficit will more than double from 4.2% of GDP this ...
The negotiations are seen as key to resolving a long-running political and budgetary dispute that has strained ties between ...
The eight OPEC+ nations on Saturday agreed to increase their crude oil production by 548,000 barrels per day starting in ...
WASHINGTON-The U.S. imposed sanctions on Thursday against a network that smuggles Iranian oil disguised as Iraqi oil, and on a Hezbollah-controlled financial institution, the Treasury Department ...
The US has sanctioned an Iraqi businessman and his Dubai VLCC company in the latest step by the Donald Trump administration to curtail the trade in Iranian crude.