Basrah crude prices surged sharply on Thursday, with Iraq’s two main export grades posting gains far above major global benchmarks. The rally pushed Basrah Heavy...
Chinese refiners are turning to Iraqi crude as disruptions reshape Gulf oil trade. Iraqi crude supplies have gained attention after traders reported major purchases for prompt...
Chevron’s Iraq pivot is gathering pace as the US energy company expands its focus on major oil opportunities in southern Iraq. The shift follows Chevron’s...
Basrah crude prices jumped more than five percent on Wednesday. The sharp rise pushed Iraq’s two main export grades above several major oil benchmarks....
The Hormuz oil supply shock has become the largest disruption to global crude supplies in modern history. The closure began in March 2026 and sharply reduced...
Iraq’s Hormuz oil exports face fresh challenges as Baghdad seeks safer passage for crude tankers. The State Organization for Marketing of Oil, known as...
