Iraq's oil sector faces a dual crisis: stalled negotiations with the KRG over exports, and warnings from parliament of a ...

The hearing follows a growing scandal over reports that Iranian crude is being covertly blended into Iraq’s oil exports under ...

By bnm Gulf bureau The foreign-calculated sums are stark. Iraq's budget deficit will more than double from 4.2% of GDP this ...

Iraq is fast-tracking a new floating LNG terminal tender, with a U.S. firm as the likely supplier, to address its deepening gas supply crisis and reduce reliance on Iranian imports.

ERBIL, Kurdistan Region - The United States on Tuesday urged both Baghdad and Erbil to resolve their long-standing financial ...

The U.S. warns Iraq over Iranian oil smuggling, threatening sanctions on SOMO and freezing $350M in revenue. Iraqi MPs plan to summon the Oil Minister amid fears of an economic crisis, as over 90% of ...

ERBIL, Kurdistan Region - The Iraqi Council of Ministers has failed to reach a concrete decision to resolve the ongoing ...

India's June oil imports show a significant shift, with Russian oil surpassing combined Middle Eastern supplies due to ...

Fears about supply, demand, profits and supply chains all combine into a volatile mix that delivers prices that are often ...

Washington: The United States has issued a new wave of sanctions against Iranian oil exports, the first penalties against ...

For years, the West has oscillated between deterrence and diplomacy. The June war and the economic aftershocks that followed offer a third way: erosion.

The United States has issued a new wave of sanctions against Iranian oil exports, the first penalties against Tehran's energy sector since a Washington-backed ceasefire between Israel and Iran ...