A rocket attack on Wednesday night appeared to target a major oil refinery complex in Erbil operated by the Iraqi Kurdish company KAR Group. At least one rocket landed about Continue Reading
Turkey buys over 7 mil barrels of Urals crude in March Urals flows also redirected to Asia, mainly China & India Russia’s flagship Urals crude has been shunned by its Continue Reading
Attack near Kawirgosk oil field leaves no damage or casualties Rockets launch from Mosul in federal Iraq Incident follows March 13 attack on Kar Group compound Three Katyusha rockets targeted Continue Reading
Iraq’s federal government earned a record $11.07 billion in oil export revenues in March as global oil prices spiked as a result of Russia’s war on Ukraine. Preliminary estimates from Continue Reading
Oil supply unaffected despite increased attacks Saudi Arabia has said it is no longer responsible for any shortages in oil supply because of attacks on its facilities. An S&P Global Continue Reading
The jump in Saudi Arabia’s crude oil prices for its Asian customers is a real world example of how the Russian invasion of Ukraine is starting to force a realignment Continue Reading
Russia has long been a thorn in the side of any and all attempts by the U.S. to adopt a constructive realignment of its relationship with Iraq. Iraq’s Oil Ministry Continue Reading
Here is a snapshot of what’s happening with Iran. Here is a snapshot of what’s happening with Iran, its nuclear talks and energy markets. Latest developments Iran’s Foreign Minister Hossein Continue Reading
The two-month truce, brokered by the United Nations, offers hope for a reduction of violence in a war that has rattled the Arabian Peninsula and caused a humanitarian crisis. Forces Continue Reading
Tehran’s demand that the United States lift its designation of the Iranian Revolutionary Guard Corps as a foreign terrorist organization, and U.S. refusal so far to do that, have brought Continue Reading
