KRG demands Baghdad end ‘discrimination’ in crude oil pricing

Speaking to reporters, acting Natural Resources Minister Kamal Mohammed noted that the KRG has continuously called for “no discrimination between residents of southern and central Iraq, and the Region.”

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Gulf Keystone revenue holds steady as Sheikhan production restarts

Despite the production disruptions, Gulf Keystone reported $82.8 million in revenue based on entitlement invoices in the first half of 2026, broadly unchanged from $83.1 million during the same period last year.

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Saudi's Aramco sees 44% profit jump despite Hormuz disruptions

Aramco, which is majority-owned by the Saudi state and is the world's largest oil exporter, reported net income of around $32.7 billion for the April-June period, compared with around $22.67 billion during the same period in 2025.

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Iraq warns Gulf oil exports face ‘significant difficulties’

“Iraq will face significant difficulties in exporting oil through the Gulf as a result of the military operations in the Strait of Hormuz,” Hussein emphasized, in a phone call with his British counterpart Yvette Cooper.

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Oil prices rise following Iranian Supreme Leader's inaugural statement

US President Donald Trump on Thursday said that the US makes "a lot of money" when oil prices go up.

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