US military says disabled Iranian oil tanker in Gulf of Oman

"After Hasna’s crew failed to comply with repeated warnings, U.S. forces disabled the tanker’s rudder by firing several rounds from the 20mm cannon gun of a U.S. Navy F/A-18 Super Hornet launched from USS Abraham Lincoln," said US Central Command (CENTCOM).

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Iraq agrees to 188,000 oil bpd as part of OPEC+ commitment

On Tuesday, the United Arab Emirates (UAE), which was the fourth biggest producer in OPEC+, announced that it will exit the OPEC and OPEC+ oil cartels starting May 1, in a shift to focus on advancing its “national interests.”

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Iraq says oil exports through Kirkuk-Turkey pipeline to begin soon

Sahib Bazoun, spokesperson for the oil ministry, told state media that the Kirkuk-Turkey pipeline, which passes through the Kurdistan Region’s Faysh Khabur, “is about to be put into service and the flow of specific quantities will be allowed initially.”

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Iraq says oil exports from all fields to resume within days

"Within the next few days, we will resume exports, and all fields are ready for export," said oil ministry spokesperson Assem Jihad Bazoun.

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Iraq reopens Syria crossing for oil transport

“The Al Waleed border crossing witnessed a trial reopening today, and the entry of crude oil tankers between Iraq and Syria has commenced,” Mujahid al-Dulaimi, mayor of Al Waleed, told state media.

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Taking control of Iran's oil ‘an option,’ says Trump

"It's an option. I mean, I wouldn't talk about it, but it's an option," said US President Donald Trump regarding taking control of Iranian oil.

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Iraq says oil output meets domestic demand amid regional war

“Production rates for petroleum products and LPG effectively meet domestic demand,” the oil ministry said in a statement.

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IEA chief warns 11 million oil barrels a day lost in Middle East war

“Plus, after Russia’s invasion of Ukraine, the gas markets, especially Europe, we lost about 75 million cubic meters… and as of now, as a result of this crisis, we lost 140 [billion cubic meters], almost twice.”

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US temporarily lifts restrictions on Iranian oil stranded at sea

The lifting of sanctions on Iranian oil at sea will expire on April 19, according to the US Treasury Department.

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