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Iraq's Ministry of Oil revealed details Tuesday on the movement of Iraqi crude tankers through the Strait of Hormuz and responsibilities for shipment transport. It affirmed monitoring these via global...
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Reuters reported that the liquefied gas tanker "Fuwayrit" and the oil tanker "Eagle Verona" took a route suggested by Iran to cross the Strait of Hormuz after being stuck for three months.The Iranian...
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The Iraqi government suggested legislating a budget for the remaining period of 2026 amid fears of a larger deficit due to US-Iranian tensions and their repercussions on oil exports.Salih said, accord...
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Kevin Hassett, economic advisor to US President Donald Trump, indicated that he is confident that any subsequent decline in oil prices will allow room for the Federal Reserve to lower interest rates.H...
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Oil prices jumped by about $5 per barrel today, Monday, amid the failure of the United States and Iran to reach an agreement on a peace proposal drafted by Washington, while the Strait of Hormuz remai...
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The Secretary-General of the Iranian Shipping Association, Masoud Balmi, announced that all ports of Arab countries in the Gulf have stopped working. Masoud Balmi pointed today, Monday, to the statist...
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Saudi Aramco expects today, Monday, a strong return in oil demand when navigation and shipping return to normal in the Strait of Hormuz, according to statements by Amin Nasser, President and CEO of Sa...
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Bitcoin dropped amid renewed market volatility to a two-week low.The decline followed a major options expiration event.Data shows strong positioning around the $60,000 level.Put options outpaced call...
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Iraq’s oil exports reached around 99.8 million barrels in February.These exports generated over $6.8 billion in revenue.Southern and central fields accounted for the largest share.Kurdistan Region exp...
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Iraq’s Oil Ministry reported oil revenues exceeding $6.8 billion in February.Total exports reached around 99.87 million barrels of crude and condensates.Most exports came from central and southern oil...
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