Iraq is planning to halt imports of petroleum products as soon as in 2024 after launching a number of oil refineries, which were stalled during decades of military conflict, according to Oil Ministry spokesman Asim Jihad, as cited by RIA Novosti.
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Prolonged disruption in the Red Sea could eventually have a major impact on energy markets Global prices for crude oil will double if disruptions triggered by Yemen’s Houthi rebels also affect the Strait of Hormuz, Daan Struyven, Goldman Sachs’ head of oil research, said on Saturday in an interview with CNBC.
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The company had been criticized for two fatal crashes involving variants of the 737 Max jet several years ago Dozens of Boeing 737 Max 9 planes have been grounded across the world, including in the US, Latin America, Türkiye and the EU, after an aircraft was forced to make an emergency landing due to a…
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