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Syria is advancing plans to become a key energy transit route to the Mediterranean, securing new gas field agreements and deepening cooperation with Iraqi oil sectors and international firms.
Iran has reportedly granted safe passage through the Strait of Hormuz for Iraqi oil tankers, easing concerns over regional shipping security.
Iran has reportedly granted safe passage to Iraqi oil tankers navigating through the strategically important Strait of Hormuz.
Chinese refiners have significantly increased their acquisition of Iraqi crude oil, demonstrating the resilience of oil exports from the Persian Gulf despite ongoing threats to shipping in the region.
Iraq is engaged in discussions with Iran to establish an agreement that would facilitate the export of Iraqi oil, though the mechanism is not yet active.
Thousands of tankers are reportedly bypassing the Strait of Hormuz daily, with Iraq transforming Syria into a new energy gateway for transporting Iraqi oil to the Mediterranean.
Iraq briefly suspended oil loadings before resuming them after a drone hit an oil tanker at its Basra terminal, though the drone caused no damage or fire.
Approximately 14 million barrels of Iraqi oil, previously stranded due to Middle East conflict, have exited the Persian Gulf via the Strait of Hormuz during a recent US-Iran ceasefire.
US Senator Marco Rubio stated that the United States is close to a "pretty solid" agreement with Iran, suggesting a deal could be reached soon. He also emphasized that if talks fail, the US would pursue an alternative approach to address the situation.
Vitol is reportedly offering Iraqi oil for sale outside the Strait of Hormuz, a move interpreted as a sign that ships are beginning to exit the critical shipping lane.
The Iraqi oil ministry has announced a 30,000-ton increase in the country's cooking gas reserves, bolstering domestic energy supplies.
Traveller confidence expected to rebound in 2-3 months if ceasefire holds, UAE travel agents say Khaleej Times
US President Donald Trump announced the dramatic rescue of a downed airman in Iran, while Iran's Islamic Revolutionary Guard Corps claimed to have foiled the mission and destroyed US military aircraft.
Iraqi parties have rejected Erbil’s stance on Iraqi oil exports via the Kurdistan pipeline, highlighting continued disagreements.
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Two foreign tankers, which had loaded Iraqi oil, were attacked in Iraqi waters, off the southern part of the country, resulting in the death of at least one...
The WAR WITH IRAN and the blockade of the Strait of Hormuz have cut Iraqi oil production by 70% and threaten financial collapse.
The French oil company TotalEnergies has removed its foreign staff from projects in Basra, Iraq, due to escalating regional tensions, according to Iraqi oil sources.
Iraq’s Integrity Commission handed down a seven-year prison term and substantial fines to a former oil sector executive and parliamentarian convicted of accumulating illegal wealth.
Iran has granted permission for several Iraqi oil tankers to pass through the Strait of Hormuz following multiple requests from Baghdad, facilitating the transit of Iraqi crude oil through the crucial waterway.
Iraqi oil tankers have reportedly been granted permission to pass through the Strait of Hormuz amidst ongoing tensions related to the Iran war.
Iraq has requested 'special status' from Iran to facilitate its oil exports through the Strait of Hormuz. This move aims to secure uninterrupted passage for Iraqi oil, navigating regional geopolitical complexities.
BP has sold a 15% stake in an Iraqi oil field to Türkiye's national oil and gas company, marking a significant transaction in the energy sector.
Thousands of trucks are reportedly hauling Iraq's oil through Syria, a development seen as a legacy of the Hormuz situation.
TotalEnergies is offering millions of barrels of Iraqi crude oil to Asian buyers, capitalizing on a surge in supply. This move reflects the increased availability of Iraqi oil in the market.
The Italian Ambassador to Iraq, Niccolò Fontana, met with Iraqi Oil Minister Bassem Al-Abadi to discuss the state of Iraq's energy sector, infrastructure, export routes, and potential new investments.
A supertanker carrying Iraqi oil is now en route to Vietnam following a delay caused by a US blockade, resolving a significant shipping issue.
US and Iranian forces exchanged fire in the Strait of Hormuz, leading to accusations of ceasefire violations from both sides. This escalation intensified tensions in the region and caused oil prices to jump.
The Tsakos Energy vessel, Asahi Princess, has reportedly carried the first shipment of Iraqi oil destined for Syria. This marks a significant event for both Greek shipping and the oil supply route to Syria.
Oil prices have seen significant volatility, surging by 70% to over $110 per barrel due to escalating Middle East tensions, then dropping after President Donald Trump issued a deadline for Iran to reopen the Strait of Hormuz.
A supertanker transporting Iraqi oil has reportedly crossed the Strait of Hormuz with its signal turned off, raising concerns about maritime transparency.
The Kurdistan Regional Government (KRG) has accused Baghdad of distorting facts regarding Iraqi oil exports through the Kurdistan pipeline, highlighting an ongoing dispute over energy resources.
The US State Department and the American embassy in Baghdad issued an urgent warning that Iran or its affiliated groups may target oil facilities and hotels in Iraq.
Iraqi oil production collapses with Strait of Hormuz blocked by conflict, sources say Reuters
Kurdistan Region daily oil exports reach 210,000 bpd: Iraqi Oil Minister rudaw.net
Iran has granted permission for several Iraqi oil tankers to pass through the Strait of Hormuz. This agreement facilitates the transit of Iraqi crude oil through the crucial waterway.
Iran has reportedly granted permission for a number of Iraqi oil tankers to pass through the Strait of Hormuz, a critical waterway for global oil shipments. This development comes amidst heightened tensions in the region.
Chinese refiners are reportedly increasing their purchases of Iraqi oil as traditional Gulf supply routes experience disruptions.
Abu Dhabi National Oil Co. is reportedly offering to transport Iraqi oil exports through the Strait of Hormuz to Asian refiners, utilizing its 'dark-transit playbook'.
Ankara has made a significant move towards an energy alliance with Iraq, potentially receiving 1 million barrels per day of Iraqi oil after Turkish Petroleum acquired a stake in the BP-run Kirkuk oilfield.
ConocoPhillips is set to acquire a 42% stake in BP's venture supporting the redevelopment of Iraq's supergiant Kirkuk oilfield. This partnership will see the companies collaborate in one of Iraq's oldest oilfields.
Turkey's Energy Minister Alparslan Bayraktar met with senior Iraqi oil and foreign ministry officials to discuss energy cooperation, including the future of an oil pipeline agreement nearing its expiration.
A Swiss trader reportedly played a lucrative role in facilitating the transport of Iraqi oil through the Strait of Hormuz.
Iraq is now redirecting its oil exports through Syria via hundreds of tanker trucks, bypassing the Strait of Hormuz after a two-decade interruption, a provisional solution limited by infrastructure conditions.
Chevron is reportedly in negotiations to acquire a stake in a massive oilfield located in Iraq, a move with significant implications for investors.
Jordan's Ministry has announced that the country is considering allowing Iraqi oil exports to pass through its territory. This potential agreement could significantly impact regional energy logistics and economic cooperation.
"Open the f***ing Detroit": Trump's incredible threat to raze Iran's bridges and power plants this Tuesday Seneweb
The Kurdistan government has disputed claims that it halted Iraqi oil exports, clarifying its position on the matter.
An attack on two Iraqi oil tankers prompted the country's authorities to suspend all oil terminal operations ... as the oil market is experiencing a historic level of disruption across the globe.
US says its firepower will ‘surge dramatically’ and IDF warns of ‘surprises ahead’, as Iran launches retaliatory strikes Middle East crisis – live updates Israel and the US have bombarded Iran and…
Several energy companies have begun evacuating their workers from Iraqi oil fields, citing escalating security risks in the region.
Chevron has signed initial agreements to acquire a stake in a major Iraqi oilfield currently held by Russia's Lukoil.