Browsing Tag
Iraq
31 posts
Oil crosses $90 as Gulf states run out of storage: Kuwait cuts, Qatar declares force majeure
Brent crude hit $92.69 and WTI closed at $90.90 as the Strait of Hormuz closure forced Kuwait output cuts and Qatar to warn of $150 oil within weeks.
Tanker struck by explosion near Kuwait’s Mubarak Al-Kabeer port as Persian Gulf conflict widens
UKMTO reports a large explosion and oil spill on a tanker off Kuwait's Mubarak Al-Kabeer area on March 5, 2026, as the US-Iran-Israel war expands into the upper Persian Gulf.
Hormuz stays shut for fifth day: Qatar offline a month, Ras Tanura struck, oil up 12%
US Navy sinks Iranian frigate IRIS Dena off Sri Lanka as Strait of Hormuz shipping crisis enters day five, stranding 200 tankers and triggering global energy alerts.
Britain escalates: HMS Dragon and drone-hunting Wildcat helicopters deploy after Iran targets British interests
UK deploys HMS Dragon Type 45 destroyer and Wildcat helicopters to Eastern Mediterranean after RAF F-35B jets score first combat kills over Jordan.
World’s biggest oil chokepoint closed: What the Iran crisis means for energy prices globally
Iran closes the Strait of Hormuz after US-Israel strikes; Brent crude surges 14% to $83, European gas up 70% as QatarEnergy halts LNG production.
Gulf routes closed: How the Iran-Israel war is stranding Indian travellers and expatriate workers
Indian airlines cancelled 350 flights on March 1, 2026, as US-Israel strikes on Iran triggered airspace closures across West Asia, hitting Air India and IndiGo.
Iran fires back at US bases across Middle East after Trump confirms combat operations
The US and Israel launched Operation Epic Fury against Iran on Feb 28 2026. Trump confirmed major combat operations targeting missile, nuclear, and leadership sites.
Russia’s Lukoil to exit global stage: Why international divestments signal a structural retreat
Lukoil is selling key global oil assets under U.S. sanctions. Discover what this means for buyers, markets, and the future of energy geopolitics.
IFC-backed Baghdad Airport PPP attracts bids from Saudi, Turkish, and European consortia
Iraq’s Ministry of Transport has received three global bids for the $400–600 million Baghdad Airport PPP, a 25-year concession backed by IFC to modernize aviation capacity.
Iraq’s $27bn GGIP deal with TotalEnergies and QatarEnergy: Can flared gas, seawater and solar finally fix its power crisis?
Iraq’s $27bn GGIP with TotalEnergies, QatarEnergy and Asian firms promises to cut flaring, boost power and stabilize oil output—see what’s signed and what’s next.