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Sunday, May 31, 2026

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Iraq Gas Supply Crisis as Iranian Gas Cut Hits 5M Cubic Meters and Power Plans Shift

The Iraq gas supply crisis deepens as imported fuel disruptions impact electricity production. Officials confirmed a complete cutoff of Iranian gas to southern regions....

Global Food Prices Rise 128.5 Points as Index Hits Highest Level Since Year-End

Global food prices rise 128.5 points as markets show continued upward movement. The Food and Agriculture Organization reported a second monthly increase in global food costs....

Iraq Trade Gap Reaches $1.48B with Brazil

Iraq trade gap widens as new data highlights a sharp imbalance between Iraq and Brazil. The figures show a striking difference in trade flows. Iraq trade gap...

The Middle East Oil Supply Crisis Cuts 12M Barrels Daily

Paris—The International Energy Agency reported a severe disruption in global oil markets. The ongoing conflict in the Middle East has removed more than 12 million barrels...

Iraq Oilfield Drone Attack Hits 30K BPD, Sarsang Site

Baghdad—A new strike has shaken Iraq as a drone targeted a key energy site. The incident hit the Sarsang oilfield in Duhok province. Officials quickly confirmed...

Iraq’s Oil Export Alternative Gains Urgency Amid 3.5M to 800K Drop

Baghdad—Leaders in Iraq now push to revive a major pipeline project. They want to secure exports after a sharp decline. The plan centers on the Basra-Aqaba...

Iraqi Fuel Oil Exports Surge with a 650K Ton Monthly Deal

Baghdad—Iraq has signed major agreements to boost shipments through a new route. Officials confirmed plans to move large volumes via Syria. This shift highlights a growing...

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