Iraq's oil revenues in 2022 exceeded $115 billion, according to preliminary figures announced by the oil ministry on Tuesday -- a four-year high following a collapse in prices during the coronavirus ...

The Treasury Department is targeting vessels in Iran's "shadow fleet" and the operators of an Iran-Iraq oil smuggling network ...

Several international oil companies operating in southern Iraq have evacuated their foreign employees amid fears of an expansion of the war between Israel and neighbouring Iran, sources told The ...

The oil is pumped 24 hours a day several meters from Raghed Jasim’s home in Iraq’s crude-rich southern heartland. Gas flares from the field light the night sky bright orange, spewing acrid ...

Strategic Outlook for Iraq's Oil & Gas Market: Key Players, Growth Projections and Infrastructure Developments by 2035 - ResearchAndMarkets.com February 07, 2025 07:16 AM Eastern Standard Time ...

Analysts at Goldman Sachs have suggested a worst-case scenario could lead to the supply of oil through the Strait of Hormuz halving for a month and dropping 10% for another 11 months. This would lead ...

Iraq’s Development Road aims to reduce dependence on oil by turning the country into a key trade corridor between Asia and Europe. The project involves Türkiye, Qatar, and the UAE, but faces ...

The war between Israel and Iran has raised concerns that Iran could try to close the Strait of Hormuz, the world’s most ...

Iraq's central government filed a case at the International Chamber of Commerce in 2014, arguing Turkey was in violation of a 1973 bilateral agreement by allowing the KRG to send oil through the ...

Oil prices eased off a 5-month high as expectations Iran won't close the Strait of Hormuz for now. But this may still change, ...

BAGHDAD—For a decade, Iraq has procured Iranian natural gas in an arrangement that powered millions of Iraqi homes but pushed Baghdad into billions of dollars in debt to Tehran because U.S ...

Sitting in his well-furnished home in Kut, in Iraq's Wasit province, 41-year-old Iraqi oil production engineer Hadi Obaid Mery said he is grateful to China ZhenHua Oil for changing his fate and ...