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Iraq's minister says U.S. deals worth up to $200 billion

Tue, 21 Jul 2026 16:01:15 -0400

Investing.com -- Iraq's oil ministry signed agreements with U.S. companies valued at up to $200 billion during Prime Minister Ali al-Zaidi's visit to the United States, Oil Minister Basim Mohammed said today.

The minister told Iraqi state television that the agreements will add production capacity and boost investment in associated gas projects.

Iraq's current oil production capacity stands at 4.8 million barrels per day, Mohammed said.

The country faces the same challenge as other oil-producing nations in attracting investment and expanding production while adhering to OPEC+ output limits.

Iraq holds some of the world's largest crude oil reserves. Production restraints have made it difficult

Iraq's minister says U.S. deals worth up to $200 billion

Tue, 21 Jul 2026 16:01:15 -0400

The minister told Iraqi state television that the agreements will add production capacity and boost investment in associated gas projects.

Iraq's current oil production capacity stands at 4.8 million barrels per day, Mohammed said.

The country faces the same challenge as other oil-producing nations in attracting investment and expanding production while adhering to OPEC+ output limits.

Iraq holds some of the world's largest crude oil reserves. Production restraints have made it difficult

US gas prices climb above $4 a gallon as oil surges amid Iran tensions

Mon, 20 Jul 2026 14:06:06 -0400

Investing.com -- Gasoline prices across the United States rose to an average of $4.10 per gallon today, up from $3.8720 a week ago, according to AAA data.

The jump follows a recent jump in oil prices amid growing military conflict between the U.S. and Iran. Brent crude futures, the international benchmark, briefly exceeded $90 per barrel this morning before falling back below $89.

Regional variations remain substantial. In Alaska, drivers pay around $4.65 per gallon on average, while California motorists face costs of approximately $5.50 per gallon.

Diesel prices have risen more sharply, reaching an average of $5.1080 per gallon, compared with $4.8750

US gas prices climb above $4 a gallon as oil surges amid Iran tensions

Mon, 20 Jul 2026 14:06:06 -0400

Investing.com -- Gasoline prices across the United States rose to an average of $4.10 per gallon today, up from $3.8720 a week ago, according to AAA data.

Regional variations remain substantial. In Alaska, drivers pay around $4.65 per gallon on average, while California motorists face costs of approximately $5.50 per gallon.

Diesel prices have risen more sharply, reaching an average of $5.1080 per gallon, compared with $4.8750

US gas prices climb above $4 a gallon as oil surges amid Iran tensions

Mon, 20 Jul 2026 14:06:06 -0400

Investing.com -- Gasoline prices across the United States rose to an average of $4.10 per gallon today, up from $3.8720 a week ago, according to AAA data.

Regional variations remain substantial. In Alaska, drivers pay around $4.65 per gallon on average, while California motorists face costs of approximately $5.50 per gallon.

Diesel prices have risen more sharply, reaching an average of $5.1080 per gallon, compared with $4.8750

US gas prices climb above $4 a gallon as oil surges amid Iran tensions

Mon, 20 Jul 2026 14:06:06 -0400

Investing.com -- Gasoline prices across the United States rose to an average of $4.10 per gallon today, up from $3.8720 a week ago, according to AAA data.

Regional variations remain substantial. In Alaska, drivers pay around $4.65 per gallon on average, while California motorists face costs of approximately $5.50 per gallon.

Diesel prices have risen more sharply, reaching an average of $5.1080 per gallon, compared with $4.8750

EU waives methane law penalties for oil and gas firms for 3 years

Mon, 20 Jul 2026 09:22:18 -0400

Investing.com -- The European Commission told EU governments on Monday to waive penalties for oil and gas companies that violate its methane emissions law for three years. The decision follows pressure from the U.S. government to reduce the regulations.

Starting January 2027, the law was scheduled to require imported oil and gas to meet emissions monitoring rules equal to Europe's standards.

The Commission stated that EU countries should not impose penalties on companies that break the methane law in 2027, 2028 and 2029. The decision aims to prevent supply disruptions, according to the Commission.

EU waives methane law penalties for oil and gas firms for 3 years

Mon, 20 Jul 2026 09:22:18 -0400

Starting January 2027, the law was scheduled to require imported oil and gas to meet emissions monitoring rules equal to Europe's standards.

Iran aims to restore gas output in coming months, official says

Mon, 20 Jul 2026 08:07:21 -0400

Investing.com -- Iran plans to bring back around 100 million cubic meters per day of natural gas production capacity in the coming months, Mohammad Jafar Ghaempanah, executive deputy to the president, said Monday according to the oil ministry's Shana news outlet.

Strikes on Iran's energy infrastructure have removed approximately 230 million cubic meters from daily output since U.S.-Israeli attacks began in late February. More recent U.S. strikes on southern Iran have avoided major energy facilities.

Ghaempanah said the production losses have worsened Iran's gas supply imbalance. National production previously stood at roughly 650 million cubic meters per day. The restoration of lost

Mediators have proposed a 10-day cessation of strikes to find ways to revive the Iran-U.S. interim deal - Reuters

Mon, 20 Jul 2026 07:31:20 -0400

Mediators have proposed a 10-day cessation of strikes to find ways to revive the Iran-U.S. interim deal - Reuters

Mon, 20 Jul 2026 07:31:20 -0400

Mediators have proposed a 10-day cessation of strikes to find ways to revive the Iran-U.S. interim deal - Reuters

Mon, 20 Jul 2026 07:31:20 -0400

Mediators have proposed a 10-day cessation of strikes to find ways to revive the Iran-U.S. interim deal - Reuters

Natural Gas Inventory 41 bcf vs 41 bcf Expected

Thu, 16 Jul 2026 10:30:09 -0400

Natural Gas Inventory 41 bcf vs 41 bcf Expected

Thu, 16 Jul 2026 10:30:09 -0400

Natural Gas Inventory 41 bcf vs 41 bcf Expected

Qalibaf: we have never welcomed war and do not, but we must always be ready to fight and stand to the end to safeguard our national security and interests

Wed, 15 Jul 2026 13:31:18 -0400

(Updated - July 15, 2026 1:31 PM EDT)

Iran's Qalibaf: we have never welcomed war and do not, but we must always be ready to fight and stand to the end to safeguard our national security and interests

Qalibaf: we must also use the tools of diplomacy and negotiation to realize and secure national interests.
Qalibaf: we are in an essential and existential war with America, whose aim besides toppling Iran's system is to fragment our beloved country, Iran.
Qalibaf: 'enemy' strategy has not changed.

Qalibaf: we have never welcomed war and do not, but we must always be ready to fight and stand to the end to safeguard our national security and interests

Wed, 15 Jul 2026 13:31:18 -0400

(Updated - July 15, 2026 1:31 PM EDT)

Iran's Qalibaf: we have never welcomed war and do not, but we must always be ready to fight and stand to the end to safeguard our national security and interests

Qalibaf: we must also use the tools of diplomacy and negotiation to realize and secure national interests.
Qalibaf: we are in an essential and existential war with America, whose aim besides toppling Iran's system is to fragment our beloved country, Iran.
Qalibaf: 'enemy' strategy has not changed.

Qalibaf: we have never welcomed war and do not, but we must always be ready to fight and stand to the end to safeguard our national security and interests

Wed, 15 Jul 2026 13:31:18 -0400

(Updated - July 15, 2026 1:31 PM EDT)

Iran's Qalibaf: we have never welcomed war and do not, but we must always be ready to fight and stand to the end to safeguard our national security and interests

Qalibaf: we must also use the tools of diplomacy and negotiation to realize and secure national interests.
Qalibaf: we are in an essential and existential war with America, whose aim besides toppling Iran's system is to fragment our beloved country, Iran.
Qalibaf: 'enemy' strategy has not changed.

Sirens sounded in Bahrain - Interior Ministry

Tue, 14 Jul 2026 13:12:32 -0400

Sirens sounded in Bahrain - Interior Ministry

Tue, 14 Jul 2026 13:12:32 -0400

Sirens sounded in Bahrain - Interior Ministry

U.S. began launching strikes against Iran today - Bloomberg

Mon, 13 Jul 2026 17:14:57 -0400

U.S. began launching strikes against Iran today - Bloomberg

Mon, 13 Jul 2026 17:14:57 -0400

U.S. began launching strikes against Iran today - Bloomberg

U.S. Navy-led JMIC: U.S. military will begin enforcement of a naval blockade of all Iranian ports and Iranian coastal areas at 2000 GMT on 14 July

Mon, 13 Jul 2026 13:55:49 -0400

(Updated - July 13, 2026 1:55 PM EDT)

U.S. Navy-led Joint Maritime Information Center: U.S. military will begin enforcement of a naval blockade of all Iranian ports and Iranian coastal areas at 2000 GMT on 14 July

JMIC: U.S. blockade applies to all vessel traffic, regardless of flag.
JMIC: U.S. blockaded encompasses entirety of Iranian coastline to include but not limited to Iranian ports and oil terminals.
JMIC: blockade will not impede neutral transit passage through the Strait of Hormuz to or from non-Iranian destination.

U.S. Navy-led JMIC: U.S. military will begin enforcement of a naval blockade of all Iranian ports and Iranian coastal areas at 2000 GMT on 14 July

Mon, 13 Jul 2026 13:55:49 -0400

(Updated - July 13, 2026 1:55 PM EDT)

U.S. Navy-led Joint Maritime Information Center: U.S. military will begin enforcement of a naval blockade of all Iranian ports and Iranian coastal areas at 2000 GMT on 14 July

JMIC: U.S. blockade applies to all vessel traffic, regardless of flag.
JMIC: U.S. blockaded encompasses entirety of Iranian coastline to include but not limited to Iranian ports and oil terminals.
JMIC: blockade will not impede neutral transit passage through the Strait of Hormuz to or from non-Iranian destination.

Indian crew member missing after ship hit in Strait of Hormuz

Mon, 13 Jul 2026 07:34:38 -0400

Investing.com -- An Indian crew member remains missing after a Cyprus-flagged container ship was struck in the Strait of Hormuz on Sunday, according to Cyprus's Deputy Ministry of Shipping on Monday.

The vessel, named GFS Galaxy, was hit by an unidentified projectile while passing through the waterway early Sunday, Cypriot authorities said.

The crew abandoned ship using a lifeboat, and the Oman Navy rescued 23 crew members, Cyprus's Deputy Ministry of Shipping said.

The missing crew member holds the rank of third engineer, the ministry said.

"The vessel is currently under tow toward the nearest safe anchorage at the UAE port of Khor Fakkan.

Indian crew member missing after ship hit in Strait of Hormuz

Mon, 13 Jul 2026 07:34:38 -0400

Investing.com -- An Indian crew member remains missing after a Cyprus-flagged container ship was struck in the Strait of Hormuz on Sunday, according to Cyprus's Deputy Ministry of Shipping on Monday.

The vessel, named GFS Galaxy, was hit by an unidentified projectile while passing through the waterway early Sunday, Cypriot authorities said.

The crew abandoned ship using a lifeboat, and the Oman Navy rescued 23 crew members, Cyprus's Deputy Ministry of Shipping said.

The missing crew member holds the rank of third engineer, the ministry said.

"The vessel is currently under tow toward the nearest safe anchorage at the UAE port of Khor Fakkan.