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IMF Warns: Middle East Conflict Threatens Global Economy and Iraqi Oil Exports

The International Monetary Fund (IMF) and the World Bank issued a highly critical joint warning on April 14, 2026, regarding the potentially catastrophic repercussions of the ongoing conflict in the M...

Supply Crisis Accelerates the Pace of Transition Away from Oil

The International Renewable Energy Agency (IRENA) published a report intersecting with the IMF's vision, confirming that continuous threats to navigation in the Strait of Hormuz act as a strong cataly...

EV Sales Boom Feeds on Oil Crises

The International Energy Agency (IEA) revealed in a recent study that Middle East tensions and Strait of Hormuz disruptions have had an unintended positive impact on the electric vehicle sector. With...

Strait of Hormuz: The Chokepoint Pushing Oil Prices to Record Highs

Bloomberg network highlighted the impact of security disturbances near the Strait of Hormuz, through which a fifth of the world's oil consumption passes. The report, based on IMF data, noted that fear...

Sharp Decline in Global Oil Prices Amid Expectations of Shipping Lane Breakthroughs

Global energy markets witnessed a noticeable and sharp decline in oil prices, with Brent crude futures plunging by more than $14 to settle near the $94 per barrel mark. This sudden drop is driven by t...

Iraq Moves to Increase Oil Exports Following Exemption from Strait of Hormuz Restrictions

The Iraqi Ministry of Oil reported in a brief statement that it is practically planning to accelerate its oil exports through southern ports after Baghdad officially received a special exemption from...

Iraq Moves to Increase Southern Oil Exports by 120,000 Barrels Per Day

In a calculated move to strengthen its export position and meet growing demand, Iraq intends to increase its oil exports from southern ports by 120,000 barrels per day, primarily targeting major Asian...

Oil Prices Record Noticeable Jumps with Escalating Regional Tensions

Global oil markets have witnessed a significant and rapid rise over the past two days due to growing fears of vital supply disruptions through strategic waterways in the Middle East. Observers believe...

Expanding Trade Scope Between Iraq and China in Non-Oil Fields

The Iraqi Ministry of Trade announced a plan to enhance trade exchange with China to include sectors like agriculture, light industries, and infrastructure, moving beyond crude oil sales. These moves...

Global Oil Prices Stabilize Amid Anticipation of Upcoming OPEC+ Decisions

Global oil markets witnessed a state of relative stability in recent trading, with Brent crude prices holding above $80 per barrel. This calm comes as investors await the next OPEC+ meeting, amid expe...

Three-Dimensional Impacts: Iraqi Oil, Iranian Sanctions, and US Policy

In an analysis published by Tigris Point News, the complex impact of US policies on regional oil markets is highlighted, as Iraq's plans to increase exports and expand its market share intertwine with...

Historic Agreement Between Baghdad and Erbil Resumes Oil Exports via Ceyhan

Tigris Point News learned from high-level sources about the signing of a comprehensive oil agreement between the federal government and the Kurdistan Regional Government, mandating the immediate resum...