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Search resuls for: "Baghdad's"


6 mentions found


☆ Oil prices soften; banking crisis and Chinese demand in focus
  + stars: | 2023-03-28 | by ( ) www.cnbc.com   time to read: +2 min
Oil prices rose in early Asian trade on the prospect that a stalled Iran nuclear deal and Moscow's new mobilization campaign would restrict global supplies. Crude prices retreated on Tuesday after rallying the previous session, with markets focused on developments in the banking crisis and indications of strengthening demand in China. Oil prices were also likely to continue drawing support from indications of recovering Chinese demand. "China's manufacturing and services PMIs will be a major economic driver to oil prices as positive data is most likely to further improve the demand outlook," Teng said. U.S. crude oil stockpiles were seen rising about 200,000 barrels last week, a preliminary Reuters poll showed on Monday.
☆ Iraqi Kurdistan region's oil output at risk after Turkey halts pipeline exports
  + stars: | 2023-03-27 | by ( Rowena Edwards | ) www.reuters.com   time to read: +2 min
[1/2] The Iraqi- Turkish pipeline is seen in Zakho district of the Dohuk Governorate of the Iraqi Kurdistan province, Iraq, August 28, 2016. REUTERS/Ari JalalMarch 27 (Reuters) - Oil production in Iraq's semi-autonomous Kurdistan region (KRI) is at risk after a halt in northern exports has forced firms operating there to divert crude to storage, where capacity is limited. Oil firms operating in the region have been left in limbo as they await the outcome of ongoing discussions between Ankara, Baghdad and the KRG to find a way to resume exports. The two firms hold stakes in the Tawke and Peshkabir fields, which produced 107,000 bpd of oil last year. Production at the Khurmala oil field run by Kurdish group Kar is currently unaffected at around 135,000 bpd and heading into tank, a source familiar with the field operations told Reuters.
☆ U.S. lawmakers try again to end 'forever war' authorizations
  + stars: | 2023-02-09 | by ( Patricia Zengerle | ) www.reuters.com   time to read: +2 min
[1/2] A U.S. soldier stands guard during a peace conference in al-Zawra amusement park in Baghdad November 7, 2008. The conference was organized by the U.S. military forces and in cooperation with Iraqi artists union and Baghdad's municipality. "The 1991 and 2002 AUMFs are no longer necessary, serve no operational purpose, and run the risk of potential misuse. Yet the legacy of these horrific forever wars lives on in the form of the now-obsolete 2002 and 1991 AUMFs," Lee said in a statement. Under the Constitution, Congress, not the president, has the right to declare war.
☆ Factbox: Prize-winning reporter Seymour Hersh no stranger to controversy
  + stars: | 2023-02-09 | by ( ) www.reuters.com   time to read: +2 min
[1/2] Journalist Seymour Hersh speaks at the Al Jazeera Forum "Media and the Middle East - Beyond the Headlines" in Doha April 1, 2007. REUTERS/Fadi Al-AssaadFeb 9 (Reuters) - Pulitzer Prize-winning U.S. reporter Seymour Hersh said this week that U.S. Navy divers, in a CIA operation ordered by President Joe Biden, planted explosives that destroyed three Russian gas pipelines under the Baltic Sea last September. The White House dismissed Hersh's report, which relied on a single source to support its claim about the destruction of the Nordstream pipelines, as "utterly false and complete fiction." Here are some key events in Hersh's career:- Hersh in 1969 exposed the massacre of South Vietnamese villagers by U.S. troops in the hamlet of My Lai. Both governments denied Hersh's allegations that Pakistan had been holding bin Laden prisoner and knew about the raid in advance.
☆ Analysis: Iraqi PM walks diplomatic tightrope in crackdown on dollars smuggled to Iran
  + stars: | 2023-01-23 | by ( Ahmed Rasheed | ) www.reuters.com   time to read: +6 min
The New York Federal Reserve introduced tighter controls on international dollar transactions by commercial Iraqi banks in November. "Americans are using the dollar transfer rigid restrictions as warning messages to Prime Minister Sudani to stay tuned with the American interests. The new system has slowed down dollar transactions, said Nabil al-Marsoumi, economics professor at Basra University. Meanwhile the price of consumer goods has increased and the Iraqi currency has taken a beating. The Iraqi prime minister replaced the central bank governor after the slide in the dinar, the state news agency said on Monday.
☆ Three rockets fell in Iraq's green zone -state news agency
  + stars: | 2022-09-28 | by ( ) www.reuters.com   time to read: 1 min
CAIRO, Sept 28 (Reuters) - Three Katyusha rockets landed in Baghdad's fortified Green Zone while a parliament session was being convened, Iraqi state news agency INA reported on Wednesday. Four security personnel were injured, INA added. Register now for FREE unlimited access to Reuters.com RegisterReporting by Alaa Swilam and Enas Alashray; Editing by Alison WilliamsOur Standards: The Thomson Reuters Trust Principles.
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