Middle Orient

Russian Forces Take Over Two Oil, Gas Fields in Northeast Syria

Russian forces on Saturday took control over the al-Thawra oil facility, located in southwest Raqqa governorate in northeastern Syria, after the Iran-aligned Liwa Fatemiyoun militia having withdrawn from the site. This follows Russian forces imposing their control of the Toueinane gas field in Raqqa’s countryside on Friday. Russian military reinforcements …

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OPEC: Iran’s Crude Oil Output Grows in February

The OPEC report added that Iran’s oil production rose by 35,000 barrels per day to 2.12 million bpd in February, adding that the country’s heavy crude oil price also grew in February from $6.28 to $60.66 per barrel. According to the report, OPEC crude oil production in February dropped by …

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Iran’s Cargo Ship Attacked in Mediterranean

Iran’s cargo ship Shahr-e Kord was attacked in the international waters of the Mediterranean on Wednesday, Spokesman for the Iranian Shipping Company Ali Ghiasian said, adding that part of the vessel was damaged in the terrorist attack. Ghiasian said on Friday that the Shahr-e Kord cargo ship, belonging to the …

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Dinar/Dollar hovers near yesterday’s levels amid market closure in Baghdad and Erbil

Central Markets in Baghdad halted the exchange today, Saturday, amid the weekly lockdown measures imposed during the weekends. However, Shafaq News Agency correspondent knew that some local exchange shops were exchanging at 146,000 and 145,000 dinars per 100 dollars for selling and buying, respectively. The official market in Erbil was …

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Basra Light Crude recorded about 68 US dollars

Basra light crude witnessed an increase on Thursday to about 68 dollars per barrel, while heavy crude prices dropped.Al Basra light crude exports to Asia fell to 67.14 dollars, in time the heavy crude witnessed a decrease to 63.50. Saudi light crude reached 65.85 dollars per barrel, while the Emirati …

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Iraqi Intelligence seized suicide vest and artillery from a hideout in Nineveh

Iraqi security forces raided a hideout and confiscated a suicide vest and ammunition in Nineveh today, Saturday. A statement by the Iraqi Intelligence Directorate said, “the Detachments of the Military Intelligence Division in the 15th Division, in cooperation with the third regiment of the 21st Infantry Brigade, and in coordination …

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Military action may be only way to stop Iran, former Trump official says

Elliott Abrams said that going back to the JCPOA in 2021 is not a simple prospect. If Iran is “absolutely determined” to develop a nuclear weapon, the only way to stop the rogue regime may be militarily, according to Elliott Abrams. If that assumption is correct, then “ultimately Israel and …

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Israel likely behind Iranian container ship attack – Iranian investigator

Israeli officials did not comment on Friday when asked if Israel was involved in the incident on Wednesday. Israel is highly likely to have been behind an attack in the Mediterranean this week that damaged an Iranian container ship, an Iranian investigator was quoted as saying on Saturday by Iran’s …

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