U.S. & Iraq's Oil Newsletter
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Explainer: What is behind Washington's escalating pressure on Venezuela?
26 Dec 2025 14:31 GMT
BEIJING, Dec. 26 (Xinhua) -- Since late August, the United States has ramped up military presence in the Caribbean off Venezuela's coast, alongside escalating sanctions, blockades and military threats against the oil-rich South American nation.
In a …
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Xtellus Proposes Using Global Lukoil Assets to Settle U.S. Investor Losses
10 Dec 2025 03:31 GMT
New York-based investment bank Xtellus Partners has proposed that proceeds from the sale of Lukoil's foreign assets be used to compensate American investors who lost money after their Lukoil stock holdings were frozen following Russia’s war in Ukraine. …
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Iraq's oil war: Russian stakes, US sanctions, and the PMF
02 Nov 2025 03:58 GMT
Iraq stands at the center between US sanctions and Russian oil investments. As Washington targets Russian energy firms and pressures Baghdad through moves against the PMF, Moscow expands its investment in Iraq’s oil and infrastructure sectors. Determined …
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Iraq's oil exports to US drop markedly in a week
31 Aug 2025 10:20 GMT
2025-08-31T06:43:38+00:00
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Shafaq News – Baghdad
Iraq’s crude oil exports to the United States dropped by
more than half last week, according to data released on Sunday by the US Energy
Information Administration (EIA).
The …
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Back on Washington’s radar: Iraq’s return to the US strategic map
22 Oct 2025 02:02 GMT
Shafaq News
A single sentence by US President Donald Trump during a
summit on Gaza in Sharm El-Sheikh unexpectedly shifted the focus to Iraq: “Iraq
is a country full of oil… but it doesn’t know what to do with it. That’s your
problem.”
The remark, brief …
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Iraq's oil fortune: The two-decade grip of a US 'fortress'
15 Aug 2025 17:58 GMT
Shafaq News
Before dawn in Basra, giant oil tankers
edge into the jetties, loading arms glinting under floodlights as millions of
barrels of crude stream aboard for export. Yet most of the proceeds from this
trade never pass through Baghdad’s vaults. …
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Iraq's oil export volume to US falls by 21,000 bpd
08 Jun 2025 08:07 GMT
2025-06-08T07:42:46+00:00
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Shafaq News/ Iraq’s crude oil
exports to the United States dropped last week, according to data released by
the US Energy Information Administration (EIA) on Sunday.
The EIA reported that total …
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EIA: Iraq's oil exports to US climb over the week
01 Jun 2025 07:13 GMT
2025-06-01T06:25:02+00:00
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Shafaq News / Iraq’s oil exports to the United States surged over the past week, the US Energy Information Administration (EIA) reported on Sunday.
The US imported an average of 5.8 million …
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Iraq's Oil Ministry Denounces Kurdistan's Energy Agreements with U.S. Companies
21 May 2025 22:56 GMT
(MENAFN) On Tuesday, Iraq's Oil Ministry rejected recent energy agreements between the Kurdistan Regional Government (KRG) and U.S. companies, deeming them a violation of Iraqi law.
In a statement, the ministry asserted that the deals, valued at …
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Iraq's Oil Ministry Denounces Kurdistan's Energy Agreements with U.S. Companies
21 May 2025 13:03 GMT
(MENAFN) On Tuesday, Iraq's Oil Ministry rejected recent energy agreements between the Kurdistan Regional Government (KRG) and U.S. companies, deeming them a violation of Iraqi law.
In a statement, the ministry asserted that the deals, valued at …