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Tuesday, September 8, 2026
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Strait of Hormuz Traffic Plunges 90% as Iraq Searches for Alternative Oil Routes

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 Slip as Markets Brace for Tougher Iran Sanctions

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 Heads to Gastech 2026 as Baghdad Seeks Gas Sector Advances

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 Moves Major Drilling Rig to East Baghdad Oil Field

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 Strengthen Energy and Economic Ties

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...

US Resumes Iraqi Oil Imports After Seven-Week Halt

The United States resumed imports of Iraqi crude after a seven-week period with no shipments. US purchases reached 6,000 barrels per day during the...

Nine Oil Tankers Gather at Basra as Crude Loading Activity Rises

Basra oil terminal activity has increased as nine tankers wait to load Iraqi crude. The vessels represent one of the largest gatherings at southern terminals...

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