Iraq joins global vaccine alliance as cases rise
Iraq is joining a global alliance to procure future COVID-19 vaccines — a longer-term measure to combat a pandemic that is likely to worsen in the meantime. “I don’t expect Continue Reading
Oil minister reshuffles Basra Oil Co. and other posts
Oil Minister Ihsan Ismaael has given a deputy director general of the Basra Oil Company (BOC) the authorities to lead the country’s most important state-run oil company — part of Continue Reading
Iran’s Zarif says world should oppose U.S. sanctions or expect same
The world community should oppose the United States’ use of sanctions to impose its will as a “bully,” or expect to face sanctions itself, Iranian Foreign Minister Mohammad Javad Zarif Continue Reading
Saudi Royal Family Divides Over Potential Embrace of Israel
An argument is raging behind palace doors in Saudi Arabia: Now that the United Arab Emirates and Bahrain have forged ties with Israel , should the kingdom follow suit? Saudi Continue Reading
Iraqi oil production rises despite OPEC pressure to cut
Nationwide crude output increased in August, led by IOC-operated fields, as Iraq balances OPEC pledges against tough financial realities. Dhi Qar Oil Company workers at the Suba oil field on Continue Reading
U.S. says U.N. sanctions on Iran to be reimposed Saturday. What does that mean?
U.S. President Donald Trump’s administration says that on Saturday (2000 EDT/0000 GMT Sunday) all United Nations sanctions on Iran have to be restored and a conventional arms embargo on the Continue Reading
As U.S. Increases Pressure, Iran Adheres to Toned-Down Approach
The Trump administration has increased criticism and pressure on Iran in recent days: accusing the country of planning assassinations of American diplomats, announcing hacking indictments, preparing unilateral sanctions and denouncing Continue Reading
Saudi Prince Calls for End to OPEC+ Cheating
The Saudi energy minister gave a forceful condemnation of cartel members that try to get away with pumping too much crude. (Bloomberg) — Saudi Arabia showed its determination to stop Continue Reading
Exclusive: Trump plans executive order to punish arms trade with Iran
U.S. President Donald Trump plans to issue an executive order allowing him to impose U.S. sanctions on anyone who violates a conventional arms embargo against Iran, three sources familiar with Continue Reading
Iraq Ships More Crude Oil Despite OPEC Output Cut Pledge
Iraq has shipped more crude oil abroad so far this month, tanker-tracking data compiled by Bloomberg showed, even though OPEC’s second-largest producer has promised time and again in recent months Continue Reading