ISIS at a crossroads
Islamic State fighters are regrouping in a remote stretch of eastern Iraq, aiming to revive their fortunes after the defeat of their caliphate early this year. “They are posing a Continue Reading
Global Superpowers Vie For Power In World’s Most Important Oil Chokepoint
Iran, Russia, and China will begin on Saturday joint navy drills in the northern Indian Ocean, an Iranian military spokesman said on Wednesday, amid simmering tensions in the Middle East Continue Reading
Assad Plans To Sue The U.S. Over ‘Stealing’ Syria’s Oil
Syria’s government is considering suing the United States in an international court over what a senior advisor to Syrian President Bashar al-Assad referred to as the ‘stealing’ of Syria’s oil. Continue Reading
Islamic State suspected of oil field attack Tuesday near Kirkuk
One oil facilities protection officer was shot to death late Tuesday in a suspected Islamic State (IS) group attack on a vulnerable well of the Khabbaz oil field, 25 kilometers Continue Reading
Erdogan says Turkey will send troops to Libya
President Tayyip Erdogan said on Thursday that Turkey will send troops to Libya now that Tripoli has requested it, and he will present legislation to parliament in January for deployment Continue Reading
NATO Faces a Fresh Quandary as Turkey Tips Toward Russia
President Trump and Turkish President Recep Tayyip Erdogan left the stage after a group photo taken at the NATO summit in the U.K. this month. Photo: peter nicholls/Reuters The declaration Continue Reading
Islamic State suspected of oil field attack Tuesday near Kirkuk
T One oil facilities protection officer was shot to death late Tuesday in a suspected Islamic State (IS) group attack on a vulnerable well of the Khabbaz oil field, 25 Continue Reading
Iran militias revive Islamic State oil trade into Syria from Iraq: sources
Highlights Militias also control some Syrian oil fields Illicit oil sales between 4,000 b/d and 10,000 b/d Trade highlights Iran’s entanglement in Iraq London — Iranian proxy militias are thought Continue Reading
Oil Markets Brace For Another 500,000 Bpd Oil Field To Come Online
Kuwait and Saudi Arabia could be days from agreeing the restart of oil production from the two fields they share in the so-called neutral zone. Bloomberg quoted Kuwait’s Oil Minister, Continue Reading
Why UAE Oil Prices Are Falling
Prices of Abu Dhabi’s popular flagship crude grade, Murban , have dropped over the past week as refiners prefer grades yielding more low-sulfur marine fuels and as supertanker freight rates Continue Reading