Searched for
IRAQ ENERGY FACILITIES
Middle East oil and gas output will take months to fully recoverA landmark deal between the US and Iran promises to reopen the Strait of Hormuz, a vital oil shipping route. This agreement has already cau...
Hormuz halt forces Middle East trade into huge rewiringA year after a US-Israel and Iran conflict, Siemens Energy explored alternative routes to Dammam, Saudi Arabia, due to potential Strait of ...
A history of Iran's nuclear programme and tensions with the US as an interim deal is reachedA landmark interim deal between the United States and Iran aims to end a protracted war and reopen the vital Strait of Hormuz. This agreeme...
Trump's seven objectives that remain unfulfilled as officials say Iran war could soon endAmerica is close to a deal with Iran to end the ongoing war. President Trump announced a memorandum of understanding is expected soon. Howe...
Ten reasons oil is still below $100 a barrelGlobal oil prices remain surprisingly low despite the ongoing war in Iran. China's drastic cut in oil imports is a major factor. Demand des...
UAE nuclear plant attack 'serious compromise of nuclear safety': IAEAThe head of the International Atomic Energy Agency has declared a recent drone attack on the Barakah nuclear plant in the UAE a serious com...
'Sit back and relax': Can Trump afford to go back to war with Iran?US President Trump's cautious optimism regarding Iran negotiations has been shattered as Tehran suspends talks, citing Israeli actions in L...
AIIB announces USD 10 bn fund facility to support countries hit by West Asia conflictSupplementing AIIB's regular financing instruments, the facility offers a time-bound financing envelope of up to USD 10 billion over two ye...
Tankers exit Hormuz as Trump, Vance talk up Iran deal prospectsTwo Chinese oil tankers have passed through the Strait of Hormuz. This follows positive comments from U.S. President Donald Trump and Vice ...
UAE says drone that hit near its nuclear plant was launched from IraqThe United Arab Emirates said six drones were launched from Iraq towards its territory over the past 48 hours, including one that struck ne...
UAE says drones that targeted Barakah nuclear power plant came from Iraqi territoryDrones that struck the UAE's Barakah nuclear power plant originated from Iraq. This suggests Iranian-backed Shiite militias may be responsi...
Fuel price hike on the cards as India struggles to absorb soaring crude costsIndia is grappling with significant economic challenges due to elevated global fuel prices. The government has absorbed substantial daily l...
OPEC just lost one of its biggest players — here's the inside story of the UAE's exit and what the Saudi-UAE split really means for OPEC's market powerUAE Quits OPEC: How the World's Energy Map Just Shifted Permanently. The UAE's departure from the Saudi Arabia-led cartel is being called t...
Iraq could restore oil exports to pre-war level within a week if Hormuz reopens, Basra Oil chief saysIraq can quickly restore crude exports to about 3.4 million barrels per day within a week if the war ends and the Strait of Hormuz reopens,...
Iraq's Kataib Hezbollah warns destruction of energy facilities if attempts made to forcibly reopen Strait of HormuzIranian-backed Iraqi group Kataib Hezbollah has warned of attacks on energy facilities if any attempts to forcibly reopen the Strait of Hor...
OPEC+ hikes oil production quotas, issues warningOPEC+ will boost oil production by 206,000 barrels daily from May. The cartel warns that repairing damaged energy facilities from conflicts...
Brent crude oil price jumps 5% after Iran's energy facilities come under attackBrent crude prices surged over 4% as Iran's Revolutionary Guards threatened energy facilities in Saudi Arabia, UAE, and Qatar following an ...
Iraq reduces oil output; more cuts likely if Hormuz disruptions persist, officials sayIraq has significantly reduced its oil output by nearly 1.5 million barrels daily. This drastic measure is a direct consequence of the ongo...
Global energy crisis soon? As Israel targets Iran’s South Pars gas field, oil prices may rise further to $200–$300 per barrel, warns Iraqi Minister. Here’s what happened in Middle East conflictIraq’s foreign minister warns that the conflict between Israel and Iran could push global oil prices to $200–$300 per barrel. A strike on I...
Iraq offers 3 discovered oil blocks to IndiaIraq has offered three discovered oil blocks to India and agreed to meet country’s growing energy demand by raising crude oil supplies.