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Basrah Crude Prices Rise Despite Global Oil Price Decline

On Tuesday, Basrah crude oil prices saw a slight increase, even as global oil prices experienced a downturn. Basrah Heavy crude rose by $0.20, reaching...

Oil Prices Decline Amid U.S. Recession Concerns and OPEC+ Supply Adjustments

Oil prices dropped for a second consecutive day on Tuesday, as mounting fears over a potential U.S. recession, the global economic impact of tariffs,...

Iraq Seeks Alternatives for Gas Imports Following U.S. End of Sanctions Waiver on Iranian Energy

Iraq is seeking to diversify its gas supply sources following the United States' decision to end a sanctions waiver that had allowed the country...

Iraqi Prime Minister Chairs Meeting to Review Summer Electricity Plans and Oil Sector Projects

Iraqi Prime Minister Mohammed S. Al-Sudani led a meeting on Sunday to evaluate the plans for summer electricity supply and progress on critical oil...

US National Security Advisor Reaffirms Commitment to Strengthening Relations with Iraq

US National Security Advisor Mike Waltz held a phone call with Iraqi Prime Minister Mohammed S. Al-Sudani, reaffirming Washington’s dedication to enhancing bilateral ties...

Oil Prices Edge Higher Despite Economic Concerns

Oil prices managed to recover slightly on Tuesday after earlier losses, as markets weighed concerns over a potential U.S. recession, the impact of tariffs...

Iran Calls US Decision to End Iraq’s Electricity Waiver “Illegal”

Iran's foreign ministry condemned the United States’ recent decision to end a sanctions waiver that allowed Iraq to buy electricity from Iran, calling it...

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