Tag: Iraq
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Iraq Jails Politicians Over $22 Million Oil Corruption Scandal
Two Iraqi politicians receive prison sentences and must repay over $22 million following corruption convictions involving state-owned oil refinery contracts.
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Iraq Earns $5 Billion a Month from Oil Exports
Iraq generates up to $5 billion monthly from oil exports, maintaining strong revenues despite regional tensions and disruptions to production.
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Major OPEC producers are cutting crude oil prices
Major OPEC producers are cutting crude oil prices to win back customers, increasing competition and potentially pushing global prices down.
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China Turns to Iraqi Oil as Iranian Supplies Collapse
Chinese refiners turn to Iraqi and Qatari crude as Iranian supplies fall sharply, tightening margins and reshaping Asia’s oil trade.
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US Builds the Next Oil Route While Europe Destroys the Old One
Sometimes the difference between American and European strategic thinking can be summed up in a pipeline.
