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The Associated Press reported that 20,000 Indian sailors are stranded in the Strait of Hormuz. Under difficult humanitarian conditions. According to an Indian maritime union official. The situation is...
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OPEC announced a cut in global oil demand forecasts. For the second quarter of the year. Due to the Middle East conflict. The group said tensions impacted markets. Leading to slower consumption expect...
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Oil prices in Europe approached $150 per barrel. Amid rising fears of global supply shortages. As the United States plans a blockade of the Strait of Hormuz. Brent crude futures rose by 6%. Surpassing...
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Global markets declined amid rising tensions in the Strait of Hormuz.The United States is preparing a naval blockade.After failed talks with Iran in Pakistan.Donald Trump announced the plan.The measur...
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Gold prices in Iraq rose on Sunday.The price of 21-carat Gulf gold reached between 1.030 and 1.040 million IQD per mithqal.Iraqi 21-carat gold recorded slightly lower levels.Selling prices ranged betw...
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Data from the U.S. Energy Information Administration showed a decline in Iraqi oil exports to the United States last week.US imports from seven major suppliers averaged 5.622 million barrels per day.T...
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TankerTrackers reported that tankers carrying 6 million barrels crossed the Strait of Hormuz.The shipments included 2 million barrels of Iraqi oil and 4 million Saudi oil.Bloomberg tracked three large...
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The Iraqi Border Authority said trade with Iran remains unaffected despite recent tensions.Head of the authority Omar Al-Waeli said truck movement continues at normal rates.He noted Mandali crossing h...
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US technology companies topped the global rankings by market value in 2026, driven by growth in AI and digital services, according to Global Finance.NVIDIA ranked first at $4.53 trillion, followed by...
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Basra crude ended the week with notable gains amid rising global oil prices and supply concerns linked to the Strait of Hormuz.Basra Heavy reached $114.97 and Basra Medium $117.07 per barrel, both gai...
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