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Tuesday, October 27, 2026
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Iraq Borrowing Bill Takes Shape as Strait of Hormuz Crisis Strains Economy

Iraq borrowing bill discussions gained momentum after lawmakers prepared new legislation to help the country manage growing financial pressure. Iraq's parliament believes borrowing has become...

Oil Prices Climb Above $90 as Gulf Tensions Shake Global Energy Markets

Oil prices above $90 returned to global headlines on Monday after rising tensions in the Gulf raised fresh concerns about energy supplies. Traders reacted quickly...

Iraq’s Oil Sector Faces Historic Shock as Regional War Cuts Production

Iraq oil losses from war disruptions became a major economic concern in 2026, as conflict between the United States and Iran affected energy operations and...

US Logs Third Consecutive Week Without Iraqi Crude Oil Imports

The latest government figures highlight another pause in Iraqi oil imports to the United States. Fresh data from the US Energy Information Administration shows that no...

Kirkuk Pipeline Ready as Iraq Moves Toward Northern Oil Export Revival

Kirkuk pipeline ready marks a major step in Iraq’s effort to strengthen its oil export network. Iraq’s North Oil Company announced that it has completed...

Iraq Targets Gas Flaring With New West Qurna-1 Recovery Deal

Iraq has moved to capture more natural gas from the giant West Qurna-1 oil field. The West Qurna-1 gas recovery project follows an agreement...

Oil Surges as Iran-US Clash Raises Fresh Hormuz Fears

Oil prices climbed again on Wednesday as tensions between Iran and the United States intensified. Hormuz oil market risk pushed traders to reassess...

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