Even if the strait opened tomorrow, the hit to the global economy would be long lasting.

By John Lee. A proposed pipeline linking southern Iraq's oil fields to the Turkish port of Ceyhan on the Mediterranean has re ...

While the blockade of the Strait of Hormuz continues to drag on alongside the Iran war, energy analysts warn of another ...

The Iraqi Ministry of Oil inaugurated on Wednesday the first phase of the Accelerated Project at the Bin Umar field.

By Aref Mohammed BASRA, Iraq, April 7 (Reuters) - Iraq could restore crude oil exports to around 3.4 million barrels per day within a week provided the Iran war ends and the Strait of Hormuz reopens, ...

Iraq's electricity grid has survived a drop in domestic gas feedstock by employing backup measures that are unlikely to meet ...

BASRA, Iraq, April 6 - Iraq could restore crude oil exports to around 3.4 million barrels per day within a week provided the Iran war ends and the Strait of Hormuz reopens, the head of the country’s ...

Saudi Aramco emerged as the largest beneficiary, with projections suggesting it could make $25.5 billion in war-related gains in 2026 if prices remain at current levels.

Barclays on Friday raised its 2026 Brent crude forecast to $100 per barrel, noting that prices could rise further if ...

Iraq could restore crude oil exports to around 3.4 million barrels per day within a week provided the Iran war ends and the Strait of Hormuz reopens, the head of the country’s state-run Basra Oil ...

BP p.l.c. ( BP) Q1 2026 Earnings Call April 28, 2026 8:00 AM EDT ...

Spain’s Repsol REP-1.04%decrease; red down pointing triangle said it would regain control of its operations in Venezuela, paving the way for an output increase in the oil-rich country. Repsol said ...