Oil prices fell sharply on Wednesday as Strait of Hormuz talks revived hopes for safer shipping through the strategic waterway. Brent crude declined about 2%, while...
Iraq emerged as a major supplier in South Korea’s crude market during the first half of 2026. Iraq’s South Korea oil supply accounted for 7.4% of...
The Strait of Hormuz disruption has sharply reduced maritime traffic through one of the world's busiest energy corridors. Shipping movements have fallen by almost 90% compared...
Oil prices fell more than $1 on Monday as traders prepared for tougher U.S. measures against Iran. Iran sanctions pressure has added fresh uncertainty to an...
Iraq will take part in Gastech 2026 in Bangkok next month. Iraq at Gastech 2026 will focus attention on the country's gas ambitions. Deputy Oil Minister...
Iraq’s drilling operations are expanding as the Iraqi Drilling Company relocates the IDC-51 rig from Zubair. The East Baghdad drilling project aims to support higher oil...
Iraq and Saudi Arabia discussed energy security and deeper economic cooperation during high-level talks in Riyadh. Iraqi Oil Minister Basim Khudair and Finance Minister...
