Iran

Iraqi-Kurdish battles send oil prices gushing, retreating

Oil prices surged from October 13 through October 18 as fighting between Iraqi and Kurdish forces intensified, threatening supplies from northern Iraq, while markets...

Russia takes pass on Qatar conflict with Arab neighbours

MOSCOW – Russia, which has called for dialogue to tackle the political rift in the Arab world over Qatar, will not take sides in...

ISIL’s cross-border oil smuggling days are over

BRATISLAVA – ISIL’s ability to smuggle oil across the Iraqi border and finance its jihadist activities from oil revenue has almost stopped, a German...

OPEC, non-OPEC extend oil cut as cooperation with Russia improves

VIENNA - In an effort to reduce a global crude oil glut and boost prices, Members of the Organization of Petroleum Exporting Countries and...

Iran election not to jeopardise nuclear deal, affect oil prices

When Iranians vote to elect a new president on May 19, traders and Mideast observers will be watching, but it is unlikely that Tehran,...

Oversupply fears push oil prices to five-month lows

Fears of oversupply pushed oil prices to five-month lows on May 5 despite signals that Russia is ready to join the Organization of Petroleum...

Russia, Saudi Arabia agree oil production freeze as Iran says will boost output

Iran plans to increase its own oil output to pre-sanctions levels in the next few months. National Iranian Oil Company (NIOC) Director for International...

Saudi Arabia in a proxy war with Iran, Russia

Given the level of mistrust among Organization of Petroleum Exporting Countries, it is unlikely that OPEC and non-OPEC oil producers, including Russia, will reach...

Murder can’t kill Italy’s interest in Egyptian gas

ATHENS – Egypt’s refusal to hand over extensive phone records as part of an investigation into the killing an Italian researcher and Rome’s decision...

Iran’s Re-emergence Promising For EU Market, Caspian region

ATHENS – The deal Iran reached with world powers over its nuclear programme, which was approved by the Iranian parliament on October 13, is...

Turkey Wants Kurds’ Energy Hand

Turkey is turning to the Kurdistan Region of Iraq to meet its growing demand for energy. Co-operation with Erbil may help Ankara diversify its oil and...

Must read