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 ...

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

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

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 ...