Iraq Knew The U.S. Attack Was Going To Happen
Iraq said on Wednesday that it had been notified by Iran that Tehran had launched a retaliatory strike against U.S. troops in Iraq to avenge the killing of top Iranian Continue Reading
Iraq again sets oil export record in 2019
Iraq set an all-time record for annual oil sales in 2019, as the federal government and autonomous Kurdistan Regional Government (KRG) combined for an average 3.968 million barrels per day Continue Reading
Is Iraq About To Become A Chinese Client State?
Following the political and popular backlash in Iran over details of its plans to make the Islamic Republic effectively a client state through various multi-layered oil and gas deals, China Continue Reading
U.S. sanctions threats cast shadow on Iraqi economy
Billions of oil dollars and access to Iranian power and gas are at risk if Trump rejects a sanctions waiver renewal next month – or worse, if Iraq is sanctioned Continue Reading
Iraqi oil output steady at 4.46 mil b/d, in line with OPEC quota: ministry
Iraq’s crude production is steady at 4.46 million b/d in line with its OPEC quota and has not been affected by recent events in OPEC’s second largest oil producer, an Continue Reading
Russia And Turkey Call For Ceasefire In War-Torn Libya
With Putin in Turkey on Wednesday ceremonially launching the much-anticipated offshore pipeline TurkStream, which will supply Russian gas to Turkey and southern Europe, it’s actually events in Libya and Syria Continue Reading
Russia’s Putin, Turkey’s Erdogan Launch TurkStream Gas Pipeline
The Presidents of Russia and Turkey, Vladimir Putin and Recep Tayyip Erdogan, respectively, officially launched on Wednesday the TurkStream natural gas pipeline designed to ship Russian gas to Turkey and Continue Reading
Iran Fires on U.S. Forces at 2 Bases in Iraq, Calling It ‘Fierce Revenge’
Iran attacked two bases in Iraq that house American troops with a barrage of missiles early Wednesday, Iranian official news media and United States officials said, fulfilling Tehran’s promise to retaliate Continue Reading
Tanker Operators Don’t Expect Ships to Be Targeted in U.S.-Iran Showdown
Tanker operators don’t expect their ships to be targeted in the near term amid the growing tensions between the U.S. and Iran as daily freight and insurance rates hold steady Continue Reading
Infographic: Strait of Hormuz shipping rates climb on oil tanker threat from Iran
The US has warned flagged vessels in the Middle East of possible retaliatory attacks from Iran. Tanker freight rates have hit three-month highs for vessels using the 21-mile-wide Strait of Continue Reading