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US Energy Secretary Chris Wright announced Tuesday a significant volume of oil flowed from the Arabian Gulf last Sunday. He clarified this quantity surpassed the prevailing average prior to the recent...
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Oil flows from the Middle East continue through the Strait of Hormuz, despite escalating attacks in the region. The sustained exports rely on ship-to-ship transfers conducted outside the Strait's imme...
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Local markets today, Tuesday, saw the release of US Dollar exchange rates against the Iraqi Dinar. Selling rates stood at 153,750 IQD per 100 USD. Buying rates were recorded at 152,750 IQD per 100 USD...
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Oil prices stabilized on Tuesday, maintaining their highest levels in over a week, amidst fading hopes for a US-Iran agreement to end the conflict and reopen the Strait of Hormuz. This development fol...
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The General Company for Land Transport commenced on Tuesday transporting 33,000 tons of local wheat across two main axes. Mortada Al-Shahmani, Director-General of the company, stated that the company'...
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The Ministry of Labour and Social Affairs has revealed a government initiative to increase the financial allocation designated for beneficiaries of the disabled companion's salary. This anticipated in...
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The cost of chartering a supertanker to transport crude oil from the Middle East to China has escalated, nearing $500,000 per day. This surge comes as regional tensions continue to deter many shipowne...
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The US naval blockade on Iranian ports has paralyzed oil export activities from Kharg Island, Iran's main terminal for most crude exports. This coincides with President Trump's escalating economic pre...
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Gold prices declined on Monday as investors engaged in profit-taking after prices had reached a seven-week high in the previous session. Markets are now cautiously awaiting forthcoming US inflation da...
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The Supreme Council for Financial and Monetary Stability held its second session today, Saturday, chaired by Prime Minister Ali Faleh Al-Zaidi, with attendance from heads and directors of relevant bod...
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