Spare capacity in the oil market will shrink significantly next year as travel rebounds and amid a lack of investment among producers, according to Saudi Aramco . Surplus supplies are Continue Reading
The U.S. has been fighting a rearguard action against Iran cementing its influence in Iraq for almost two decades Aramco, is in talks with Iraq’s various ministries for billions of Continue Reading
The failed assassination attempt against Iraq’s prime minister at his residence on Sunday has ratcheted up tensions following last month’s parliamentary elections, in which the Iran-backed militias were the biggest Continue Reading
Iran said on Monday that the United States should provide guarantees that it will not abandon again Tehran’s 2015 nuclear deal with world powers if talks to revive the agreement Continue Reading
Supporters of Iran-backed militias clashed Friday with Iraqi security forces outside the fortified Green Zone complex as tensions spiked over the results of national elections last month. At least 125 Continue Reading
An American investment firm named Twelve Seas and the UK’s Wood Group are partnering with U.S. oil services giant Halliburton to bid for ExxonMobil’s stake in West Qurna 1, one Continue Reading
Just ahead of the August 2020 visit to Washington of Iraq Prime Minister, Mustafa al- Kadhimi, promised then-U.S. President, Donald Trump, that he would allow a raft of in-principle agreed Continue Reading
Top oil exporters in the Middle East are reaping the benefits of the rally in crude oil prices. For the first time in 2021, the Middle East’s share of crude Continue Reading
The Pentagon on Wednesday rejected claims by Iran’s Revolutionary Guards that they thwarted an attempt by the United States to detain a tanker carrying the Islamic Republic’s oil in the Continue Reading
Iran’s talks with world powers aimed at reinstating a 2015 nuclear deal will resume on Nov. 29, its top nuclear negotiator, Ali Bagheri Kani, said on Wednesday, as Western concerns Continue Reading
