Iraq to Receive 185,000 Barrels of Oil From Kurdistan as Exports Set to Restart
Iraq will receive around 185,000 barrels of crude oil a day from the semi-autonomous region of Kurdistan after exports resume via a pipeline to Turkey, a deputy Iraqi oil minister told the state-run Iraqi News Agency on Sunday without providing a time frame.
Basim Mohammed Khudair said the halting of shipments from Kurdistan for nearly two years has left oil fields in the region in need of repair to restore their capacity to export 400,000 barrels per day, the lowest rate pursuant to Iraq's budget law.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
6 days ago
- Yahoo
‘Dark fleet' tanker collision sparks fire near Strait of Hormuz
Two crude oil tanker vessels collided and at least one caught fire early Tuesday in an area of the Persian Gulf that is seeing disruptions of ship navigation systems. The tanker Adalynn, a 'dark fleet' ship with no recognized insurance registered in Antigua and Barbuda, collided Tuesday with the Liberia-flagged Front Eagle about 24 miles off Khor Fakkan, United Arab Emirates, south of the Strait of Hormuz. A fire broke out on the deck of the Front Eagle, operator Frontline (NYSE: FRO) confirmed in published reports, which was transporting 2 million barrels of Iraqi crude oil to China. There were no injuries, and 24 crew were evacuated by the UAE Coast Guard. The 900-foot Adalynn, owned by Global Shipping Holding Ltd. of India, was sailing without cargo toward the Suez Canal in Egypt, reports area has seen a recent surge of interference in GPS and other ship navigation systems. The UK-based Maritime Trade Operations monitor said Tuesday that there was no evidence hostile activity caused the tanker collision but advised vessels transiting the region to use caution. This week the multinational Combined Maritime Force's JMIC information center led by the United States said it had received reports of electronic interference near the port of Bandar Abbas in Iran and in the Gulf region. In May GPS interference, or spoofing, was suspected after the container ship MSC Antonia ran aground near Saudi Arabia's Jeddah Port in the Red Sea. The Strait of Hormuz, the narrow Persian Gulf maritime gateway controlled by Iran, has come under scrutiny since Israel and Iran began exchanging missile salvos since has threatened to close the strait, a chokepoint for one-fifth of the world's oil and gas supply, in an effort to pressure the United States and other nations to force Israel to halt its military assault. Find more articles by Stuart Chirls Angeles box volume hits lowest level in two years Israel ports unfazed by new missile strikes UPDATE: Return of Red Sea cargo 'less likely' after attacks on Iran Geopolitical upheaval tops new shipping concerns surveyThe post 'Dark fleet' tanker collision sparks fire near Strait of Hormuz appeared first on FreightWaves.
Yahoo
14-06-2025
- Yahoo
Iraq reopens Syria crossing for trade and passenger traffic
ANBAR (Reuters) -Iraq has officially reopened the Qaim border crossing with Syria for trade and passenger traffic, a spokesman for the Iraqi border authority said on Saturday, marking a key step in efforts to normalise relations and revive economic ties between the two countries. 'The Qaim crossing is now fully operational for both cargo trucks and civilian movement,' the spokesman told Reuters, adding that the reopening followed joint security assessments by Iraqi and Syrian officials. The move comes three months after Syrian Foreign Minister Asaad al-Shibani visited Baghdad and urged Iraq to resume cross-border trade. The crossing had been shut in the wake of the revolt that toppled President Bashar al-Assad and the ensuing years of conflict that destabilised the region. The reopening is also seen as a sign of warming ties between Baghdad and Syria's new leadership under President Ahmed al-Sharaa, who has sought to re-establish diplomatic and economic relations with regional neighbours. Iraqi officials say the two governments have intensified coordination on border security and trade facilitation since al-Sharaa took office last year. 'This crossing will serve as a strategic corridor for commodity trade between Iraq and Syria,' said Turki al-Mahallawi, mayor of the town of al-Qaim, where the border post is located.
Yahoo
13-06-2025
- Yahoo
You Can Tell When War Is Breaking Out Because the Pentagon's Pizza Orders Spike Drastically
A flurry of activity at pizza delivery outlets near the Pentagon in Arlington, Virginia, is a surprisingly accurate predictor of war, as hungry military leadership hunkers down to monitor unfolding military activities. As painstakingly documented by X account Pentagon Pizza Report, a "busier than usual" indicator on the Google Maps profile of the Domino's in Arlington has been associated with major acts of war taking place around the world. Most recently, the franchise received an onslaught of orders just before closing last night — almost perfectly coinciding with Israel's devastating attack on Iran. Even long before the advent of live, GPS-based customer tracking on Google Maps, famished Pentagon workers have long given away that there's something much darker going on by ordering copious numbers of pies. "The Pentagon Pizza Index has been a surprisingly reliable predictor of seismic global events — from coups to wars — since the 1980s," The Economist's head of data journalism Alex Selby-Boothroyd wrote in a LinkedIn post. "On the night of August 1st 1990, for example, the CIA ordered 21 pizzas in a single night just before the Iraqi invasion of Kuwait (a new record)," he added. "Who says pie charts aren't useful?" And it's not just Domino's. As Euronews reported last week, the Papa John's close to the Pentagon has also been found to be "busier than usual" during the days leading up to Iran launching drones into Israeli territory in April 2024. A separate event chronicled by Pentagon Pizza Report also predicted military activity on June 1, followed just hours later by an escalation between Israel and Iran. Of course, making any definitive statements about any correlation would be foolish. But it's an intriguing sign that even the most secretive parts of the US government can easily show their cards without meaning to. "Bottom line for journalists," Wolf Blitzer told CNN in 1990. "Always monitor the pizzas." More on pizza: Chef Admits His Smash Hit Pizza Was Invented by ChatGPT
