U.N. watchdog sees no new Iranian violations of nuclear deal
Iran has not taken further steps to violate its 2015 nuclear deal with world powers since it renounced last month all restraints imposed by the agreement, the head of the Continue Reading
Iraq Is On The Brink Of An Energy Crisis
As the deadline for the U.S. to renew its waiver on Iraq importing gas and electricity from Iran approaches later this month, the three key players in this ongoing geopolitical Continue Reading
Serious medicine shortages could be the outcome of Iraq’s troubled politics, official warns
Hind Al Soulia – Riyadh – Iraq’s political turmoil and the prospect – albeit still remote – of future US sanctions have triggered a warning from one of the country’s Continue Reading
The deal of the century will die before Trump dies: Iran Supreme Leader
Iran’s Supreme Leader Ayatollah Ali Khamenei attends a public gathering ahead of the 41st anniversary of the Islamic revolution, in Tehran, Iran February 5, 2020. U.S. President Donald Trump’s peace Continue Reading
End of Cosco sanctions shows US reluctance for penalizing key oil market players: analysts
The Trump administration’s decision to lift sanctions on affiliates of China’s biggest shipping company may not be a sign the US “maximum pressure” campaign on Iran is weakening, but shows Continue Reading
Saudi Arabia, Russia say ready for further OPEC+ ‘action’ to ensure market stability
Saudi Arabia and Russia are ready for “further coordination of actions” to ensure the stability of the global oil markets as oil prices have plunged amid concerns that the coronavirus Continue Reading
Japan Deploys Warship To Protect Oil Route In Middle East
Japan has deployed a warship to critical oil shipping lanes in the Middle East, and has authorized use of force for those ships, Reuters reported on Sunday. The decision to authorize force Continue Reading
Iraqi cleric Sadr tells followers to clear sit-ins after PM appointed
Populist Iraqi cleric Moqtada al-Sadr urged his followers on Sunday to help security forces clear roads blocked during months of sit-in protests, calling for a return to normal life after Continue Reading
Saudi Arabia’s oil output was 9.744 mil b/d in January: source
Saudi Arabia produced 9.744 million b/d of crude oil in January, in line with its promise to keep output 400,000 b/d below its new OPEC+ quota, a Saudi oil ministry Continue Reading
Oil exports fall 3.5%; new prime minister is appointed
Iraq’s crude exports, excluding the semi-autonomous northern Kurdish region, fell 3.5% in January from the month before, according to government data. Separately, the country’s president named a new prime minister Continue Reading