Browsing Tag
Iraq
39 posts
Operation Epic Fury: Pentagon admits $25bn war cost as casualties and base damage mount
The Pentagon says the Iran war has cost $25 billion. Lawmakers and analysts say the real bill, including base damage, may be closer to $50 billion.
TotalEnergies Q1 2026 earnings beat: Adjusted net income jumps 29% to $5.4bn as Patrick Pouyanne lifts dividend 5.9% despite Middle East shutdowns
TotalEnergies posted $5.4B adjusted net income but lost 15% of production to Middle East shutdowns. Pouyanne's dividend hike answers a different question entirely.
UAE quits OPEC after nearly six decades, dealing structural blow to oil cartel as Iran war reshapes Gulf energy landscape
The UAE is leaving OPEC during the worst Gulf energy crisis in decades. The real question is whether Saudi Arabia can hold the cartel together without it.
Pakistan offers to host US-Iran talks as Islamabad diplomatic push intensifies and Tehran pushes back
Pakistan offers to host United States-Iran war talks in Islamabad. Iran denies participation. Trump claims Tehran accepted most ceasefire demands. Strikes continue.
Blasts rock central Israel as Iran targets US base near Baghdad airport on day 23
Iran fires ballistic missiles and cluster munitions at central Israel and launches drone strikes on the United States military compound near Baghdad International Airport on March 22, 2026.
Memphasys (ASX: MEM) holds MENA ground amid regional conflict, secures UAE and Iraq orders while Egypt and Turkey entry advances
Memphasys (ASX: MEM) secures UAE and Iraq Felix orders, confirms Egypt reseller deal and Turkey regulatory progress. Read the full MENA commercial strategy update.
Baghdad drone barrage hits US Embassy compound for second day running
Drones and rockets struck the US Embassy in Baghdad on 17 March 2026 as Iraq was drawn deeper into the US-Israel war on Iran. Four killed in separate militia strike.
White House says Iran war ending soon. Tehran says it never asked for a ceasefire
Trump threatens more Kharg Island strikes as US officials predict weeks to war's end. Iran rejects talks and vows to outlast the US-Israel campaign.
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.