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Business Iraq

  • *Iran has been one of Turkey's main sources of oil. ISTANBUL/ LONDON, July 20- Turkey's biggest oil importer Tupras has cut back purchases of Iranian crude since May, when the United States said it would re-impose sanctions on Tehran, and analysts say Tupras is likely to stick to lower volumes in coming months. NATO member Turkey depends heavily on imports to meet its...

  • An Iraqi protester gestures near a burning tyre during a demonstration in Basra on July 15, 2018. 

    The unrest threatens to delay formation of a new government and has already led to break-ins to oil facilities and political offices.  

  • BASRA/ BAGHDAD July 17- Iraqi police wielded batons and rubber hoses to disperse about 250 protesters gathered at the main entrance to the Zubair oilfield near Basra on Tuesday as unrest across southern cities over poor basic services gathered pace. Tensions focused attention on the performance of Prime Minister Haider al-Abadi, who is seeking a second term...

  • BASRA, Iraq, July 17- Iraqi police wielded batons and rubber hoses to disperse about 250 protesters gathered at the main entrance to the Zubair oilfield near Basra on Tuesday as unrest across southern cities over poor basic services gathered pace. Tensions focused attention on the performance of Prime Minister Haider al-Abadi, who is seeking a second term...

  • BASRA, Iraq, July 17- Iraqi police wielded batons and rubber hoses to disperse about 250 protesters gathered at the main entrance to the Zubair oilfield near Basra on Tuesday as unrest across southern cities over poor basic services gathered pace. Iraq's military spokesman said authorities would not tolerate any actions that threaten the country's security.

  • BASRA, Iraq, July 17- Iraqi police wielded batons and rubber hoses to disperse about 250 protesters gathered at the main entrance to the Zubair oilfield near Basra on Tuesday as unrest across southern cities over poor basic services gathered pace. Officials and industry sources said the protests have not affected output at Zubair, run by Italy's Eni, and the...

  • BASRA, Iraq, July 17- Iraqi police used batons and rubber hoses to disperse about 250 protesters at the main entrance to the giant Zubair oilfield near Basra on Tuesday as unrest across southern cities over poor basic services gathers pace. Officials and industry sources said the protests have not affected output at Zubair, run by Italy's Eni, and the other major...

  • BASRA, Iraq, July 17- Iraqi police used batons and rubber hoses on Tuesday to disperse about 250 protesters who gathered at the main entrance to the giant Zubair oilfield near Basra, police said, in growing unrest across southern cities over poor basic services. Officials at the field, run by Italy's Eni, said production operations were running normally.

  • LONDON, July 16- Oil prices slipped on Monday as concerns about supply disruptions eased and Libyan ports reopened while traders eyed potential supply increases by Russia and other oil producers. Supply outages in Libya, a labor dispute in Norway and unrest in Iraq all helped push oil prices higher late last week, although prices still fell for a second straight...

  • LONDON, July 16- Oil prices slipped on Monday as concerns about supply disruptions eased and Libyan ports reopened while traders eyed potential supply increases by Russia and other oil producers. Supply outages in Libya, a labour dispute in Norway and unrest in Iraq all helped push oil prices higher late last week, although prices still fell for a second...

  • LONDON, July 16- Oil prices slipped on Monday as concerns about supply disruptions eased and Libyan ports reopened while traders eyed potential supply increases by Russia and other oil producers. Supply outages in Libya, a labor dispute in Norway and unrest in Iraq all helped push oil prices higher late last week, although prices still fell for a second straight...

  • LONDON, July 16- Oil prices slipped on Monday as concerns about supply disruptions eased and Libyan ports reopened while traders eyed potential supply increases by Russia and other oil producers. Supply outages in Libya, a labor dispute in Norway and unrest in Iraq all helped push oil prices higher late last week, although prices still fell for a second straight...

  • BASRA, Iraq, July 15- Iraqi police fired in the air to disperse hundreds of protesters who tried to storm a government building in Basra and demonstrated near an oil field, police said, wounding 48 people in unrest over poor services that has swept southern cities. Protesters lambasted his Dawa Party, which has dominated Iraqi politics since a 2003 U.S.-led...

  • BASRA, Iraq, July 15- Iraqi police fired in the air as hundreds of protesters tried to storm the main provincial government building in Basra on Sunday, wounding seven demonstrators, police sources said, in unrest over poor state services that has swept southern cities over the past week. Troubles in Basra have reinforced the widely-held view that Iraqi leaders...

  • BASRA, Iraq, July 15- Iraqi police fired in the air as hundreds of protesters tried to storm the main provincial government building in Basra, wounding six people on Sunday in a week of unrest that has swept southern cities over poor services, police sources said. Security forces also faced demonstrations about four km from Eni's Zubair oil field near Basra, a...

  • BASRA, Iraq, July 15- Iraqi police fired in the air as hundreds of protesters tried to storm the main provincial government building in Basra, wounding four people on Sunday in the seventh day of unrest that has swept southern cities over poor services, police sources said. Local officials said the protests have not affected crude production in the oil exporting...

  • BASRA, July 15- Iraqi police fired in the air as hundreds of protesters tried to storm the main provincial government building in Basra on Sunday, wounding four people in the seventh day of unrest that has swept southern cities over poor services, police sources said. "Some of the protesters tried to storm the building. We prevented them by using water cannons and...

  • *Seven protesters hurt in oil city of Basra. Demonstrations also took place in the cities of Najaf and Basra, where security forces announced city-wide curfews amid reports of skirmishes between protesters and local militia groups. Oil exports from Basra account for more than 95 percent of OPEC producer Iraq's state revenues.

  • Reinforcement troops from both the Counter Terrorism Service and the Army's Ninth Division have already been dispatched to Basra, where demonstrators gathered for the sixth consecutive day, to help protect the province's oil fields, security sources said. The directive came in an effort to stem the burgeoning protests, which on Friday spread from oil-city...

  • NEW YORK, July 13- Oil prices rose about 1 percent on Friday as strike actions in Norway and Iraq hit supplies, but futures were set for a second straight week of decline after Libyan ports reopened and on the view that Iran might still export some crude despite U.S. sanctions. Brent crude rose 88 cents to settle at $75.33 a barrel, a 1.18 percent gain.