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IRAQI OIL IMPORTS
Why are oil prices up today, and will Brent and US WTI crude futures continue to rise or fall again? Oil market reacts to US-Iran talks, Strait of Hormuz developments and supply outlookOil prices posted gains during Tuesday's trading, but both Brent and US WTI crude futures remained on course for their biggest quarterly de...- Trump administration touts Iran deal as a payday for US farmers, but Iran denies itA tentative US-Iran deal to end hostilities promises a financial boost for American farmers, with President Trump asserting frozen Iranian ...
- Oil keeps flowing through Hormuz despite Iran saying it’s shutDespite Iran's claims of closing the Strait of Hormuz, millions of barrels of oil continued to flow through the vital waterway over the wee...
- Iran's Revolutionary Guards set up covert Iraqi cells to attack Gulf neighbors, sources sayIran's Revolutionary Guard Corps has formed new secret groups in Iraq. These cells are carrying out drone attacks on Gulf nations like Kuwa...
- Iran war shock: Govt asks ONGC to build ₹15,000 crore strategic oil reserve at MangaluruIndia plans to boost its oil security. Oil and Natural Gas Corporation, ONGC, will build a new strategic petroleum reserve facility in Mang...
- UAE and Iran conduct first face-to-face meeting to try deescalating Middle East tensionsUS-Iran war: Senior security officials from the United Arab Emirates and Iran met face-to-face for the first time since the US-Israeli war ...
- Why are oil prices crashing down today, and will Brent and US WTI crude futures continue to decline or move upwards again? Oil market reacts to US-Iran peace deal hopesWhy are oil prices crashing down today, and will Brent and US WTI crude futures continue to decline or move upwards again? Oil prices dropp...
- India turns to Latin American, African oil after Hormuz disruptionIndian refiners sought oil from Latin America and Africa as Middle East supplies faced disruptions. Imports from Venezuela, Brazil, Angola,...
- Oil touches 2-week high after drone attack on UAE nuclear power plantOil prices are rising as tensions between the U.S. and Iran escalate. An attack on a nuclear power plant in the United Arab Emirates has he...
- UAE and Saudi Arabia report drone incidents as Iran war deadlock drags onA drone strike caused a fire at the Barakah nuclear power plant in the UAE, while Saudi Arabia said it intercepted three drones that entere...
- Iran war: Trump administration allows Russia oil sales waiver to expire despite tight marketThe Trump administration let a waiver for Russian oil sales expire. This happened even as the Iran war caused worries about global oil supp...
- Trump says no need for China's help on Iran as shippers seek passage through HormuzPresident Donald Trump states no help is needed from China to end the Iran war. He believes the US will win the conflict. Iran is firming i...
- The battle for Hormuz risks sparking the next Iran clashIran is now controlling passage through the Strait of Hormuz. This new arrangement could continue even after the current conflict ends. Gul...
- Why are oil and gas prices up today, and will Brent, US WTI crude futures, British and Dutch gas rates rise sharply or fall again? Full market explanation after Trump rejects Iran responseWhy are oil and gas prices up today, and will Brent, US WTI crude futures, British and Dutch gas rates rise sharply or fall again? Oil and ...
- Iraqi government, Kurdish authorities reach deal to resume oil exports to Turkey's Ceyhan portIraq and the Kurdistan Regional Government have reached an agreement to restart oil exports to Turkey's Ceyhan energy hub. Oil flow is expe...
- BPCL buys Iraqi, Oman crude via one-year import tenders, sources sayIndia’s state-run Bharat Petroleum Corp has finalized two import tenders for Iraq’s Basrah oil and Oman crude covering April 2026–March 202...
- HPCL plans to buy 43% more Iraqi oil in 2025, company source saysIndia's Hindustan Petroleum Corp Ltd is boosting its crude oil imports. The company plans to increase its annual deal with Iraq to 100,000 ...
- India, Iraq explore ways to diversify trade from oil to non-oil sectorsThe two sides held wide-ranging talks during the second round of the India-Iraq Foreign Office Consultations in Baghdad where the Indian de...
- HPCL to raise Iraqi oil imports by 45% in 2022: SourcesIraq is the top supplier of oil to India, and higher purchases by HPCL will further strengthen the Middle East nation's share in Indian mar...
- Diversify trade basket to increase commerce: Iraq to IndiaWar-torn Iraq today invited Indian investments and sought diversification of the trade basket to enhance economic cooperation between the c...
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