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2026

2026

Iraq’s Exports to US Fall

Iraq's crude oil shipments to the United States have fallen to the second lowest monthly level in almost four years, the U.S. Energy Department has confirmed. Iraq exported 341,000 barrels of crude oil a day that month to the U.S....

Iran Asks Oil Buyers to Pay in Euros

The world’s fourth largest oil exporter, Iran, is seeking payment for oil sales in euros as it shifts currency reserves out of dollars. The State-owned National Iranian Oil Company (NIOC), acting under instructions from the Central Bank of Iran, has...

Belarus Criticises Russia Over Gas Price Rise

Alexander Lukashenko, the Belarusian President, has criticized Russia over it recent gas price increases, calling them “shameless.” In retaliation, he is threatening to charge Moscow for transiting oil across his country. "If those in Russia, choking on this influx of...

Big Oil’s War Profiteering Must End

As people lose their lives in Trump and Netanyahu’s illegal war on Iran, Big Oil is cashing in. During the first month of the US-Israeli war on Iran, the world’s top 100 oil and gas producers banked an estimated more...