By John Lee. The Iraqi Ministry of Oil has reaffirmed its full commitment to the OPEC+ production agreement, including additional voluntary cuts and compensation for excess production. In a statemet ...

Oil futures rose modestly as the U.S. imposed fresh sanctions on Iran and Iraq offered a commitment to compensate for ...

OIL prices settled higher on Monday as fresh US sanctions on Iran and a commitment to compensate for overproduction by Iraq ...

Oil futures finished higher on Monday, with prices finding support after a nearly 3% decline Friday, as the U.S. imposed ...

The post Does Trump Want Lower Gas Prices or Oil Sanctions on Iran? appeared first on Reason.com.

This marks a significant step towards resolving the nearly two-year dispute that disrupted crude flows between Baghdad and ...

Iraq has reaffirmed its commitment to the OPEC+ agreement, even as the resumption of oil exports from Kurdistan appears ...

U.S. President Donald Trump's administration is piling pressure on Iraq to allow Kurdish oil exports to restart or face sanctions alongside Iran.

Iraqi crude is expected to start flowing to the Turkish Mediterranean port of Ceyhan, after the Baghdad government said it ...

Iraq’s oil minister hopes Kurdistan oil flows via Turkey will resume in two days according to reports from a conference in Baghdad on Monday.It follows mounting reports of a resumption this week from ...

What happens next in Russia-US talks on Ukraine, how will Berlin’s policy shift after German elections, and Moscow expects Tehran’s crucial decision on the North-South Corridor. These stories topped ...