Browsing Tag

Iraqi

Trump, Iran warn of drawn-out war as tankers burn in Iraqi waters

U.S.-Iran war widens with tanker strikes, Hormuz blockade and oil-price shock as allies weigh record reserve release The United States and Iran signaled no quick end to their war as suspected Iranian attacks on fuel tankers near the Strait of Hormuz and fresh strikes across the Middle East kept the world’s busiest oil chokepoint effectively shut and sent crude higher. Nearly two weeks into a joint U.S.-Israeli air campaign, about 2,000 people have been killed — mostly Iranians and Lebanese — and global shipping and energy…

Iraqi Militia Warns of Halting Oil Supply, Putting Europe’s Winter Energy in Jeopardy

Iraqi Militia Threatens to Halt Oil Exports, Europe's Winter Energy Security at Stake BAGHDAD, Iraq — An influential figure from Iraq's Popular Mobilization Units (PMU) has sounded a grave alert about the ripple effects of potential warfare in the Middle East on global energy resources. Sharing his thoughts over social media, he proclaimed, "If war erupts, not a single barrel of oil or cubic meter of gas will exit the Middle East. Winter looms…