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Iran Tensions Push Oil Prices Higher Amid Strait of Hormuz Fears

Oil prices surged to levels not seen since early this year, fueled by rising fears over Middle East tensions. The key phrase Strait of Hormuz...

Iran-Israel Ceasefire Keeps Oil Prices Steady Amid Fragile Calm

Oil prices moved higher on Wednesday as investors responded to the Iran-Israel ceasefire. Brent crude rose 85 cents to reach $67.99 per barrel. U.S....

Iraq Oil Exports Face Risk as Hormuz Strait Tensions Grow

Iraq oil exports could face serious disruption as tensions rise over Iran’s threat to close the Strait of Hormuz. Iranian officials warned of this...

Kurdish Oil Producers Set Conditions for Resumption of Exports through Iraq-Türkiye Pipeline

On March 6, representatives from the Association of the Petroleum Industry of Kurdistan (APIKUR) met with officials from both the Government of Iraq (GoI)...

Iraq Oil Site Workforce Cut as Regional Tensions Rise

Iraq oil site workforce cut following rising concerns over security in the Gulf. Italian energy company Eni reduced staff at the Zubair oil field...

Iraq Oil Ports Operate Normally Amid Regional Tensions

Iraq oil ports operate normally amid regional tensions. Despite rising conflicts nearby, Iraq’s maritime operations continue without problems. Officials confirmed smooth shipping activity at...

Iraq Oil Exports to US Rise Significantly in Weekly Trade

Iraq oil exports to US rise significantly in weekly trade. The latest data shows a major increase in Iraq’s oil shipments to the United...

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