Oil Prices Trade Near $97 Amid Hormuz Strait Tensions
The global oil price climbed on Thursday as Asian markets reopened, driven by growing uncertainty over the situation in the Strait of Hormuz and Iran’s control...
Oil Prices Drop 15% Following U.S.-Iran Ceasefire Announcement
Oil prices fell sharply on Wednesday after the announcement of a ceasefire between the United States and Iran. The news immediately affected global energy...
Kurdistan Pipeline Enables Iraq to Increase Crude Oil Supply by 90,000 Barrels Per Day
Iraq will boost its crude oil supply by an additional 90,000 barrels per day through the Kurdistan Region’s pipeline. This increase will raise Iraq’s...
Erbil Governor: Erbil Pledges Full 24-Hour Electricity Coverage by Mid-Year
Erbil Governor Omed Khoshnaw announced that the city’s 24-hour electricity project, called “Ronakî”, is on track to provide uninterrupted power to the entire governorate by mid-2026. This...
Basra Oil Set for Export Via Kurdistan Region Pipeline to Turkey’s Ceyhan Port
Iraq will begin exporting Basra oil through the Kurdistan Region pipeline to Turkey’s Ceyhan port on Monday, boosting total exports via this route to...
Electricity Restored in Soran and Raperin after Technical Issue Resolved
The Kurdistan Regional Government Ministry of Electricity announced that electricity has been restored to normal in Soran and Raperin after a technical fault disrupted supply. Officials...
