Turkey still wants to revive an oil pipeline with Iraq that has been shut for two years due to a dispute, a senior Turkish official told Reuters on Monday, even as Ankara announced the end of a ...

Despite weeks of intensive negotiations and multiple official visits between Baghdad and the Kurdistan Region, a final ...

When Vajpayee came out onto the lawns to meet ministers and well-wishers, someone placed a pagri on his head. One by one, ...

For years, the West has oscillated between deterrence and diplomacy. The June war and the economic aftershocks that followed offer a third way: erosion.

The new EU sanctions include a lower oil price cap, the designation of the “biggest Rosneft refinery in India”, and measures ...

The trench-coat maker on Friday booked retail revenue of 433 million pounds ($581 million) for its fiscal first quarter ended June 28. Comparable store sales dropped 1% on year. The decline was lower ...

By bnm Gulf bureau The foreign-calculated sums are stark. Iraq's budget deficit will more than double from 4.2% of GDP this ...

The negotiations are seen as key to resolving a long-running political and budgetary dispute that has strained ties between ...

Fears about supply, demand, profits and supply chains all combine into a volatile mix that delivers prices that are often ...

Despite fueling over 70% of Iraq’s oil output, Basra suffers from poverty, pollution, and neglect. Residents endure disease, unemployment, and decaying infrastructure, as billions in petrodollar ...

Iraq is facing a growing electricity crisis as soaring summer temperatures coincide with the expiration of US sanctions waivers, cutting off critical gas imports from Iran, Iraq’s Shafaq news agency ...

Iraq, OPEC's second-largest producer, plans to cut its oil-price assumption in the federal budget after the market plunged.