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Iraq’s Faw Port Expansion Reaches Advanced Stages

The Iraqi General Ports Company has announced significant progress in its efforts to develop Faw Port, with plans underway for a variety of major...

Basrah Crude Oil Prices Rise Despite Global Oil Price Dip

On Thursday, Basrah crude oil prices saw a modest increase, despite a drop in global oil prices. Basrah Heavy crude rose by 18 cents,...

Oil Prices Dip Amid Economic Concerns and Mixed Demand Signals

Oil prices slipped on Thursday following a strong rally in the previous session, driven by a larger-than-expected draw in U.S. gasoline stocks. Brent futures...

Iraq Faces Challenges in Securing Gas Supply Amid Suspension of Iranian Imports

Iraq is grappling with significant hurdles in securing its natural gas supply after the suspension of Iranian gas imports, according to Al-Anbar Provincial Council...

Iraq Scrambles for Alternatives as US Cuts Iran Energy Waivers

Iraq is facing an energy crisis following the United States' decision not to renew waivers for Iranian electricity imports, a move that could severely...

Oil Prices Rise Amid Weaker Dollar, but Economic Fears Limit Gains

Oil prices edged higher on Wednesday, buoyed by a weaker dollar, but concerns over a potential U.S. economic slowdown and the impact of tariffs...

Basrah Crude Prices Drop Despite Rise in Global Oil Prices

Basrah crude prices fell over 1% on Wednesday, even as global oil prices rose. Basrah Heavy crude dropped 74 cents, or 1.9%, to $67.24 per...

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