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Iraqi oil field worker in Basra
June 25th, 2026 - 12:14 GMT
P. Choiaqo

P. Choiaqo

Iraq rethinking its OPEC membership due to oil production limits

ALBAWABA - In a Reuters exclusive report: Iraq, one of the founding members of OPEC, is now considering leaving the organization after Strait of Hormuz disruptions and limited oil production quotes hit the county hard. “Saudi Arabia and ​other OPEC allies should treat this matter with the utmost seriousness. Failing that, Iraq will be compelled to consider all available options,” a senior Iraqi oil ⁠ministry official told Reuters. Iraq’s economy ...
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Middle East: Hotels' Occupancy Levels Drop 58 Percent in April
May 27th, 2020 - 12:30 GMT

Middle East: Hotels' Occupancy Levels Drop 58 Percent in April

IEA: World Witnesses Largest Drop In Energy Investment
May 27th, 2020 - 12:00 GMT

IEA: World Witnesses Largest Drop In Energy Investment

NMC Healthcare to Sell Distribution Unit to Different Parties
May 27th, 2020 - 11:30 GMT

NMC Healthcare to Sell Distribution Unit to Different Parties

Are We Risking Our Privacy As We Try Combating COVID-19?
May 27th, 2020 - 11:00 GMT

Are We Risking Our Privacy As We Try Combating COVID-19?

France Pledges €8 Billion Rescue Plan for Deteriorating Car Industry
May 27th, 2020 - 10:30 GMT

France Pledges €8 Billion Rescue Plan for Deteriorating Car Industry

Wall Street Stocks Soar, S&P 500 Hits Highest Level In 3 Months
May 27th, 2020 - 10:00 GMT

Wall Street Stocks Soar, S&P 500 Hits Highest Level In 3 Months

Airbus Experts Team to Assist Investigations Into Pakistan Crash
May 27th, 2020 - 09:30 GMT

Airbus Experts Team to Assist Investigations Into Pakistan Crash

Latam Airlines Files for Bankruptcy Protection
May 27th, 2020 - 09:00 GMT

Latam Airlines Files for Bankruptcy Protection

UK: Thousands of Shops to Reopen In June
May 27th, 2020 - 08:30 GMT

UK: Thousands of Shops to Reopen In June

Iran-China Trade Exceeds $5 Billion In First Four Months
May 27th, 2020 - 08:00 GMT

Iran-China Trade Exceeds $5 Billion In First Four Months

Oil Prices Continue Rising on Supply Cut Hopes
May 27th, 2020 - 07:30 GMT

Oil Prices Continue Rising on Supply Cut Hopes

UAE: DIFC Announces Gradual Reopening Plan
May 27th, 2020 - 07:00 GMT

UAE: DIFC Announces Gradual Reopening Plan

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