Oil prices settled higher on Monday as fresh U.S. sanctions on Iran and a commitment to compensate for overproduction by Iraq added to concerns of near-term supply tightness, helping the market recover some of Friday's steep losses.
Iraq reaffirmed its commitment to the OPEC+ agreement on Monday and said it would present an updated plan to compensate for any overproduction in previous periods, according to a statement from the Iraqi oil ministry.
Syrian Foreign Minister Asaad Hassan al-Shibani has received an invitation to visit Iraq with the date to be determined later after consultations on the agenda, Syria's state news agency SANA said on Friday.
Iraq’s oil ministry repeated that it’s ready to restart exports from the semi-autonomous region of Kurdistan via a pipeline to Turkey that’s been shut for almost two years.
A senior Iranian official said Monday the U.S. and Israel, "cannot do a damn thing," to stop Tehran from advancing its nuclear program after U.S. Secretary of State Marco Rubio met with Israeli officials.
A Turkish opposition party delegation arrived in Iraq’s semiautonomous Kurdish region Sunday against the backdrop of peace efforts between Ankara and a banned Kurdish separatist movement in Turkey. The delegation led by Sirri Sureyya Onder and Pervin Buldan,
For decades, masterpieces by the likes of Pablo Picasso, Vincent Van Gogh, Andy Warhol and Jackson Pollock have been kept in the basement of a museum in Iran's capital Tehran, shrouded in mystery. According to estimates in 2018,
Turkey has yet to receive confirmation from Iraq on the resumption of oil flows through the Iraq-Turkey pipeline, Turkish Energy Minister Alparslan Bayraktar told Reuters on Wednesday.
A lightly satirical and surrealist comedy imagines the snowy Canadian city in the style of the Iranian New Wave.
Iraq’s top court on Tuesday threw out a legal challenge that had temporarily halted three controversial laws passed last month by the country’s parliament. The measures — each supported by different blocs — include an amendment to the country’s personal status law to give Islamic courts increased authority over family matters,
Iraq's population reached 46.11 million, according to the final results of the population census conducted last November.