Oil shrugs off geopolitical tensions but some see red flags
The oil price has ignored rising geopolitical tensions in the Middle East, as a three-year old crude surplus has wiped out any real fear over supply, but one of the Continue Reading
U.S. Begins Importing Iraqi Oil
The United States has begun importing Iraqi oil at a rate of 1.1 million barrels per day to replace export cuts announced by Saudi Arabia late last month , new Continue Reading
Rising insurgency hits Diyala, despite security efforts
Significant uptick in past four days IS safe havens in rural and mountainous areas from Tuz Khurmatu to Naftkhana Proximity to Baghdad concerns security officials Hamrin field wellheads and electricity Continue Reading
Iran’s Parliament, Shrine of Ayatollah Hit by Attackers
TEHRAN—Gunmen and suicide bombers struck Iran’s Parliament and the shrine of Ayatollah Ruhollah Khomeini on Wednesday, killing at least seven people in what officials called a rare terror attack in Continue Reading
Biggest Middle East Ports Shun Qatar as Saudis Tighten Isolation
Saudi, Abu Dhabi oil ports bar tankers calling at Qatar Dubai’s DP World shuts access to container port at Jebel Ali The biggest Middle East oil and container ports banned Continue Reading
Biggest Middle East Ports Shun Qatar as Saudis Tighten Isolation
Saudi, Abu Dhabi oil ports bar tankers calling at Qatar Dubai’s DP World shuts access to container port at Jebel Ali The biggest Middle East oil and container ports banned Continue Reading
The Saudi Prince, the Sheikh and a Gulf Renegade
The choreographed statements by Saudi Arabia and three allies to quarantine Qatar at just after 6 a.m. on June 5 were not signed, but there was no mistake about who Continue Reading
Port bans choke Qatar’s commodity trade as gas supply worries grow
A campaign by leading Arab powers to isolate Qatar is disrupting trade in commodities from crude oil to metals and food, and deepening fears of a possible shock to the Continue Reading
Qatar says ready for mediation to ease Gulf rift
Qatar’s foreign minister said on Tuesday Doha was ready for mediation efforts after the Arab world’s biggest powers severed ties with it, adding that Qatar’s ruler had delayed a speech Continue Reading
Platts restricts Qatari-loading crude in pricing process
Oil pricing agency S&P Global Platts said it will not automatically include Qatari-loading crude in its Middle East benchmark after Saudi Arabia and some other Arab states cut ties with Continue Reading