Saudi Arabia has slashed Arab Light crude prices for Asian buyers by $11 per barrel, marking the steepest reduction in 26 years amid intensified global supply competition.
Saudi Arabia looking to bypass Strait of Hormuz with Red Sea pipeline expansion
Saudi Arabia has followed the lead of the UAE, in revealing ambitious plans designed to reduce its dependency on the Strait of Hormuz.
Iraq, Jordan Discuss Basra-Aqaba Oil Pipeline Project
Zaidi, held talks on Thursday with a Jordanian ministerial delegation led by Jordan’s Minister of Industry, Trade and Supply, Yarub Falah Al-Qudah, with Iraq’s Minister of Industry and Minerals, …
Trump is gaining surprising leverage over Iran
The massive decline in oil prices over the past few weeks has gifted the Trump administration with some unexpected leverage in its ongoing negotiations with Iran.
‘Made in India’ Team Reunites for Business Family Saga ‘The Tatas’
India’s T-Series Films and Almighty Motion Picture, the team behind hit Amazon MX Player series “Made in India: A Titan Story,” are reuniting for “The Tatas,” a multi-season drama adapting Girish …
Iraq, Türkiye Reach One-Year Ceyhan Pipeline Protocol
From Kurdistan24. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraq And Türkiye Reach One-Year Oil Export Protocol Through Ceyhan …
Iraq’s corruption crackdown is a start, not a solution
New PM Ali al-Zaidi’s arrest of 47 officials is welcome, but the rot runs through the system that put him in power.
South Korea’s $590B Chip Bet Has Semiconductor ETFs Buzzing, but Memory Cycles Have Burned Believers Before
The South Korean Ministry of Trade, Industry and Resources (MOTIR) announced a $590 billion A.I. and HBM Chip production initiative – but market reaction has been mixed.
Myanmar bets on ancient temples, Buddhist pilgrimage sites to boost tourism
Myanmar’s ancient temples, luxury hotels and Buddhist pilgrimage sites are stirring back to life as the country’s military-backed government bets tourism will become one of the first visible signs of …
Vietnam, EU partnership enters new era
HANOI: French business news outlet Objectif Eco reports that economic relations between Vietnam and Europe are entering a new phase of development.