4 months ago
Oil Slumps as Hormuz Strait Reopens
Oil prices fell by more than 9% after Iran announced the full reopening of the Strait of Hormuz, easing concerns over gl...
Eco
4 months ago
4 months ago
Iraq Opens New Oil Export Route to Europe via Baniyas
SOMO began loading Iraqi oil at Baniyas Port.For export to European markets.Director Ali Nizar said the first tanker was...
4 months ago
Oil Prices Rise Slightly Amid Supply Concerns
Oil prices rose slightly to near $95 per barrel.Driven by cautious optimism over tensions with Iran.Brent traded around...
4 months ago
Chinese Port Investments Reshape Global Power Dynamics
Foreign Policy said tensions in the Strait of Hormuz highlight the importance of maritime routes.With China playing a gr...
4 months ago
Competition Council Conducts Market Inspections in Baghdad
The Competition and Anti-Monopoly Council conducted inspections in Baghdad markets to monitor prices. In cooperation wit...
4 months ago
Iraqi Fuel in Baniyas Boosts Syria’s Energy Transit Role
The Syrian Petroleum Company began unloading Iraqi fuel at Baniyas. As part of re-export plans. To strengthen regional c...
4 months ago
Sharp Drop in US Oil and Gasoline Stocks
The US Energy Information Administration reported declines in crude, distillate, and gasoline inventories in the United...
5 months ago
Oil Expected to Exceed $150 per Barrel Soon
Kirill Dmitriev expects oil prices to rise. To exceed $150 per barrel soon. Amid geopolitical tensions. And stalled talk...
5 months ago
Hormuz Disruptions Force IEA to Lower Oil Forecasts
The International Energy Agency revised oil market forecasts. Due to regional war impacts. It now sees global demand dec...
5 months ago
Iran: Oil Exports Continue Despite War, Revenues for Repairs
Mohsen Paknejad said oil exports continue. Despite war and recent pressure. He described sales as satisfactory. During t...