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333 results for “Oil”
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Fuel Crisis Hits Baghdad and Provinces as Persian Gulf Tensions and Power Shortages Strain Refineries
dijlahpoint - Baghdad and several Iraqi provinces are experiencing a severe shortage of petroleum products, resulting in long queues at fuel stations. An informed source in the Oil Products Distributi...
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Economic Expert: SOMO Overcomes Strait of Hormuz Crisis via Flexible Tanker Strategy and Discounts
dijlahpoint - Economic expert Nabil Al-Marsoumi explained on Wednesday, September 2, 2026, that the increase in Iraq's crude oil exports to 2.340 million barrels per day reflects the success of "SOMO"...
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Economic Data Indicates Severe Regional Impact Following Strait of Hormuz Closure
dijlahpoint - Economic data published in specialized reports revealed that the ongoing closure of the Strait of Hormuz has inflicted substantial economic strain on neighboring countries and internatio...
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MP Calls for Fundamental Overhaul to Resolve Fuel Crisis in Nineveh Governorate
dijlahpoint - Nineveh Governorate MP Naif Al-Shammari criticized the persistent fuel distribution crisis in the region, drawing attention to long daily queues at filling stations for minimal fuel allo...
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Iraq Aims to Become a Global Logistic Hub and Economic Bridge Between Asia and Europe
dijlahpoint - The Ministry of Transport confirmed Iraq's aspiration to become a vital regional hub for transportation and logistics, and a core pillar for economic connectivity between East and West v...
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US Announces Unprecedented Financial Siege on Iran Amid Threats of Military Retaliation
US Treasury Secretary Scott Bessent announced that the United States is initiating the largest financial blockade ever against Iran, emphasizing that the goal is to cut off all economic lifelines sust...
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Serious Government Efforts to Reconstruct and Rehabilitate Mosul-Baghdad Railway Line
dijlahpoint - Local sources in Nineveh province revealed on Sunday (August 23, 2026) genuine official efforts to reopen the file of reconstructing the vital railway line connecting the city of Mosul w...
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Extensive Iraqi-Saudi Talks to Boost Joint Investment in Gas and Energy Sectors
dijlahpoint - A high-level Iraqi government delegation held extensive talks with officials in the Kingdom of Saudi Arabia to discuss prospects for joint cooperation, particularly in the fields of gas,...
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Washington Announces Comprehensive Economic War Against Tehran and Warns Supporters
dijlahpoint - US President Donald Trump announced on Thursday the launch of a large-scale economic campaign against Iran, threatening unprecedented isolation and severe consequences for any country or...
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Economic Warnings of a Liquidity Crisis Threatening Employee Salaries in Iraq
dijlahpoint - Economic experts have warned of a looming severe liquidity crisis that could hinder the government's ability to secure the salaries of employees and retirees in the coming months, threat...
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Dismantling of a Forgery Network and Arrest of Local Officials in Basra
dijlahpoint - The National Security Service in Basra announced on Thursday the dismantling of a forgery network and the arrest of three suspects, including a primary school principal and a division di...
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Finance Minister Outlines Budgetary Reforms During Meeting with EU Delegation
dijlahpoint - Minister of Finance Faleh Sari met with the European Union Delegation to Iraq to discuss advancing comprehensive economic and financial reforms aimed at modernizing public resource manag...