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U.S. Energy Secretary Chris Wright confirmed that approximately 13 million barrels of oil flow daily through the vital Strait of Hormuz. Speaking to Fox News, Wright explained the U.S. military facili...
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Baghdad's local markets experienced stable US dollar exchange rates against the Iraqi dinar on Saturday. The selling price was 157,250 dinars per 100 dollars, and the buying rate recorded 156,250 dina...
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A major labor union at Chile's Escondida mine, the world's largest copper producer, has rejected a request from operator BHP to postpone labor contract negotiations. This refusal follows a fatal accid...
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China and the United States reached an agreement today, Saturday, on a mutual reduction of customs duties valued at $30 billion. The pact also includes launching a bilateral dialogue on artificial int...
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Basra Heavy and Medium crude oils concluded the week with significant losses, driven by sharp declines in global oil prices, with each recording a drop of more than $8 per barrel in the final trading...
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Shipments of gasoline that arrived in Syria have begun their overland journey to Iraq, establishing a two-way energy corridor through a route Baghdad previously used for fuel exports after shipping ce...
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Turkish authorities have arrested Erkan Kilimci, a former central bank official, as part of a wide-ranging investigation into an alleged "Ponzi scheme." Kilimci served as the CEO of "Tera Finansal...
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Iraq's Ministry of Transport announced on Friday the achievement of advanced completion rates in the Grand Faw Port projects, confirming that the project will enter the trial operation phase once work...
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Preliminary ship tracking data from Kepler indicates that crude oil flows from the Strait of Hormuz maintained a pace close to previous week's levels in recent days, registering significant traffic th...
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The Federal Commission of Integrity announced on Thursday the recovery of $13 million in Iraqi funds held in French banks due to judicial decisions, which have now been returned to the state treasury....
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