The Cabinet threw political weight behind the Southern Iraq Integrated Project, injecting momentum into negotiations over a massive infrastructure deal that is critical to Iraq’s production and export growth. Iraqi Continue Reading
European diplomats warned Monday that Iran is preparing to abandon parts of a landmark nuclear deal in response to new U.S. sanctions, a step that risks inflaming tensions after the Continue Reading
Senior American officials said on Monday that new threats by Iran against United States troops in Iraq were behind the sudden deployment of an aircraft carrier strike group and Air Continue Reading
Iran on Monday strongly suggested that it was about to reduce compliance with the landmark 2015 nuclear deal because of sanctions reimposed by President Trump when he repudiated the Obama-era Continue Reading
Israel’s Energy Minister Yuval Steinitz ordered on Sunday that the country’s only operating natural gas field, the offshore Tamar field, be closed as a precaution after violence between militants in Continue Reading
In its biggest provocation yet, Turkey has sent its Fatih drilling ship into Cypriot waters, launching drilling operations that have prompted a response from the U.S. and a Greek Cypriot Continue Reading
Tensions between Washington and Beijing could soon peak if China positions itself to defy President Trump’s repeal of Iranian oil sanctions waivers. On Saturday, noted Chinese analysts said that China Continue Reading
China stepped up purchases of Saudi oil in the first four months of this year as a private refiner is raising crude intake from the Kingdom that has secured term Continue Reading
Iran has mobilized all its resources to sell oil in a “grey market”, bypassing U.S. sanctions that Tehran sees as illegitimate, state media quoted Deputy Oil Minister Amir Hossein Zamaninia Continue Reading
Iraq’s oil minister said on Sunday his country was committed to an OPEC-led crude output cut, which has supported prices and would not decide unilaterally on any production boost to Continue Reading
