Iraq
ING: Oil bounces on Persian Gulf re-escalation
The re-escalation of fighting in the Persian Gulf in the last days has reignited supply concerns, pushing oil prices higher amid questions about the direction of US-Iran peace talks, ING said in a note.
Iraqi Airways launches direct Basra–Baku route
Iraqi Airways has launched a direct Basra–Baku route, starting 8 July with one weekly flight, giving travellers in Basra and Iraq's southern provinces a direct connection to Azerbaijan for the first time.
Iraq intensifies anti-corruption campaign as reports emerge of $57mn cash haul and 27kg of gold
Iraq's sweeping anti-corruption campaign has intensified with the detention of dozens of politicians, lawmakers and senior officials.
Iraq presses Iran to reopen Strait of Hormuz as crude exports take hit
Any interference in the Strait of Hormuz will only delay its reopening, Iran's foreign minister Abbas Araghchi says in Baghdad, as Iraq offers to host a regional security summit including Iran and the Gulf states.
Coal’s unexpected comeback on Middle East conflict energy security fears
The disruption to global energy markets caused by the conflict in the Middle East has triggered an unexpected resurgence in coal demand, as energy security fears outweigh Climate Crisis commitments.
Bahrain hosts GCC-US meeting with Rubio on Iran deal, Hormuz
Bahrain has hosted a GCC meeting with US Secretary of State Marco Rubio in Manama, where Washington sought to reassure Gulf allies over the Iran deal, with Gulf states pressing for clarity on the Strait of Hormuz, nuclear and missile issues.
India’s Russian crude imports hit record level
Regardless of efforts by the US or even the EU to pressure New Delhi to abide by wider sanctions on Moscow, Russian crude is set to remain a defining feature of India's energy mix in at least the near term.
Iraq finalises transport plans for Ashura and Arbaeen pilgrimages
Iraq has completed a series of operational plans to facilitate the movement of pilgrims during the upcoming Ashura and Arbaeen religious observances, as authorities prepare for the arrival of millions of visitors to the holy cities.
New initiative launched to redirect Gulf energy flows away from Strait toward Mediterranean
Syria envisioned as key cog in new energy distribution network.