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The Ministry of Agriculture announced on Wednesday the continued enforcement of its decision to ban the import of sheep fat, urging relevant authorities to intensify measures to combat its smuggling i...
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Qatar Energy has extended the force majeure clause on several liquefied natural gas (LNG) shipments destined for Asian and European markets. This extension includes the suspension of some consignments...
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Iraq's national oil marketing company, SOMO, has reportedly offered significant discounts on selling prices to contracted buyers, aiming to attract them to import Basra crude oil from its Gulf termina...
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US President Donald Trump urged fuel stations across the United States to immediately reduce gasoline prices, noting that current levels do not reflect the ongoing decline in global oil prices. Trump...
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Gold prices dropped over 1% on Tuesday, heading towards their largest monthly decline since October 2008. This trend is due to diminishing Middle East uncertainties and increasing expectations for US...
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Global sea freight costs have witnessed a significant surge, reaching unprecedented levels over the past two years, according to reports from the "Financial Times" citing industry experts. This escala...
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The Ministerial Council for Economy announced on Monday the formation of a joint committee tasked with surveying and visiting unofficial border crossings and outlets in the Kurdistan Region. This d...
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Middle East oil and gas producers continue shipments and exports despite renewed attacks on vessels in the Strait of Hormuz and escalating US-Iran tensions. Shipping traffic in the Strait slowed follo...
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Local markets revealed Sunday US dollar exchange rates against the Iraqi Dinar. The selling price was 157,000 dinars and the buying price 156,000 dinars per 100 dollars.
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Pakistan's Petroleum Minister, Ali Pervaiz Malik, announced on Sunday that the country is exploring the possibility of purchasing oil and gas at competitive prices from Iran, following the de-escalati...
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