A tentative US-Iran deal to end hostilities promises a financial boost for American farmers, with President Trump asserting frozen Iranian ...

Iraq anticipates a swift return to pre-war oil production levels within two months, following a recent US-Iran deal that eased the Strait o...

Iran's Revolutionary Guard Corps has formed new secret groups in Iraq. These cells are carrying out drone attacks on Gulf nations like Kuwa...

Why are oil prices crashing down today, and will Brent and US WTI crude futures continue to decline or move upwards again? Oil prices dropp...

A drone strike caused a fire at the Barakah nuclear power plant in the UAE, while Saudi Arabia said it intercepted three drones that entere...

More oil tankers are navigating the Strait of Hormuz. This offers some relief to the global oil market. Several ships carrying crude oil ha...

President 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...

America has imposed sanctions on Iraq's deputy oil minister and certain militias. These actions are due to their alleged support for Iran. ...

Iraq and the Kurdistan Regional Government have reached an agreement to restart oil exports to Turkey's Ceyhan energy hub. Oil flow is expe...

Iraq is OPEC's second-largest producer and pumps around 4.6 million bpd with the majority of its crude exports going to Asia.

Business Conglomerate General Electric will shell out $23.5 million to US market regulator SEC to settle charges that it was involved in il...

Iranian forces crossed into Iraq and seized an oil well just over the two countries' disputed border.

Anglo-Dutch energy giant Royal Dutch Shell has agreed to a joint venture deal worth up to four billion dollars (2.8 billion euros) to captu...

Iraq on Tuesday cleared a plan to develop an oil field south of Baghdad in collaboration with China Petroleum, which will charge Baghdad a ...

A major independent U.S. oil producer said Wednesday that it has terminated negotiations with Iraq to develop an oil field.

Iraq said today it was resuming exploration of its immense oil reserves after a break of nearly 20 years because of crippling UN sanctions.

Iraqi exports of 300,000 barrels of oil per day through Turkey have not been affected by a Turkish military operation on the countries' bor...