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IRAQ OIL EXPORTS
Iraq opens oil exports beyond Hormuz after months of war, eyes ship-to-ship route off OmanIraq now allows crude oil collection outside the Persian Gulf for buyers. This move comes as exports continue through the Strait of Hormuz ...- Four India-based companies engulfed in Trump's economic offensive against IranThe United States has sanctioned four Indian companies and three individuals for facilitating Iran trade. These actions place Indian busine...
- Iraq may show how U.S. can squeeze Iran's trade partnersThe United States is pressuring Iraq to curb its financial dealings with Iran. Washington has sanctioned Iraqi banks involved in trade with...
- US to broaden secondary sanctions to isolate Iran on 'economic D-Day'The United States is set to launch a significant financial offensive against Iran. This move aims to pressure countries to sever economic t...
- $20 million: The cost of shipping oil through Strait of Hormuz, TotalEnergies CEO saysShipping oil cargoes via the Strait of Hormuz costs approximately twenty million dollars. This significant freight expense creates wide mar...
- Iran vows 'devastating' response as US threatens toughest ever economic hitIran warns of devastating retaliation against new United States sanctions. United States Treasury chief Scott Bessent plans the toughest fi...
- Trump’s economic isolation plan risks Iran strikes across GulfTrump is betting that tighter sanctions, a naval blockade and broader economic pressure can push Iran into accepting a US-backed deal after...
- Iran allowed Iraqi tankers to pass through Hormuz Strait: state mediaTehran has allowed Iraqi oil tankers passage through the Strait of Hormuz. This decision follows repeated requests from Baghdad over the pa...
- Iran backs Iraq’s sovereignty as Baghdad seeks to bring militias under state controlIran's Parliament Speaker Ghalibaf stated Iran supports Iraqi consensus and independence. Economic cooperation will advance with an upcomin...
- Oil edges up on uncertainty over exports through HormuzOil prices climbed for a fourth day due to supply uncertainty. Investors weighed conflicting messages from Tehran and Washington on the Str...
- Trump wants more economic pressure on Iran. What are his options?The United States plans to impose severe economic measures on Iran soon. Washington is considering sanctions on Chinese refiners and banks ...
- Iran fires back at Trump's threat to declare Hormuz a U.S. territoryIran asserts control over the Strait of Hormuz, rejecting US President Donald Trump's claims. Trump stated he would declare the strait US t...
- What Bessent’s economic isolation of Iran could look likeThe US Treasury plans new economic pressure on Iran, facing skepticism from critics. Targeting China's oil purchases poses risks to US-Chin...
- 'No substitute': Kuwait's future tied to Hormuz strait fateKuwait's oil exports have plummeted due to the ongoing war and Strait of Hormuz closure. The nation faces its biggest crisis since the 1990...
- Iraq's oil exports via Strait of Hormuz include Abu Dhabi's Adnoc, says SOMO directorIraq’s oil marketing company SOMO says Abu Dhabi’s Adnoc is one of the companies buying Iraqi crude and moving shipments through the Strait...
- Pakistan sees US-Iran deal close as Hormuz standoff drags on, Trump toughens stancePakistan's defense minister indicated a potential US-Iran arrangement regarding the Strait of Hormuz. Oil prices reacted to these conflicti...
- Oil steadies near one-week highs as US-Iran peace deal hopes dimOil prices maintained their position on Tuesday as hopes for a US-Iran deal faded, hampered by President Trump's stringent demands that are...
- OPEC oil output rises further in July led by Gulf producers, Reuters survey showsIn July, OPEC made a remarkable recovery by increasing oil production to 19.85 million barrels per day. Gulf nations resumed supplies that ...
- Saudi Arabia, Turkey and Pakistan sign joint defence deal amid regional turmoilSaudi Arabia, Pakistan, and Turkey signed a joint defense pact in Mecca. This agreement aims to strengthen collective deterrence against ag...
- Reliance Industries books supertanker at record $23-25 million freight to lift Iraqi crudeReliance Industries paid a record sum to charter a supertanker for Iraqi crude oil. This reflects a limited vessel pool and soaring voyage ...
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