For years, the West has oscillated between deterrence and diplomacy. The June war and the economic aftershocks that followed offer a third way: erosion.

The new EU sanctions include a lower oil price cap, the designation of the “biggest Rosneft refinery in India”, and measures ...

The trench-coat maker on Friday booked retail revenue of 433 million pounds ($581 million) for its fiscal first quarter ended June 28. Comparable store sales dropped 1% on year. The decline was lower ...

Oil prices extended gains on Friday, underpinned by supply concerns following drone attacks on northern Iraqi oilfields and ...

Drones struck Tawke and Ain Sifni on Wednesday, marking three consecutive days of attacks on Kurdistan oil fields.

Iraq is fast-tracking a new floating LNG terminal tender, with a U.S. firm as the likely supplier, to address its deepening gas supply crisis and reduce reliance on Iranian imports.

By bnm Gulf bureau The foreign-calculated sums are stark. Iraq's budget deficit will more than double from 4.2% of GDP this ...

The negotiations are seen as key to resolving a long-running political and budgetary dispute that has strained ties between ...

WASHINGTON-The U.S. imposed sanctions on Thursday against a network that smuggles Iranian oil disguised as Iraqi oil, and on a Hezbollah-controlled financial institution, the Treasury Department ...

The US has sanctioned an Iraqi businessman and his Dubai VLCC company in the latest step by the Donald Trump administration to curtail the trade in Iranian crude.