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News
Oil Prices Near $100 as Middle East Escalation Stokes Supply Fears
5+ day, 6+ hour ago (579+ words) Brent crude nears $100 a barrel as escalating US-Iran tensions threaten energy supplies and fuel fears that renewed inflation could push central banks toward higher interest rates ERBIL (Kurdistan24) — Oil prices climbed more than 1 percent toward $100 a barrel on Wednesday as renewed…...
Iran Doubles Petrol Price for Heavy Consumers Amid US Sanctions Pressure
1+ week, 2+ hour ago (556+ words) Tehran raises the highest petrol price tier to 10,000 tomans per liter as the Iranian rial weakens and Washington intensifies its campaign to squeeze the country’s economy ERBIL (Kurdistan24) — Iran will double the price of petrol for consumers exceeding their monthly fuel…...
Bessent Predicts $40 Oil Once Iran Conflict Is Over
1+ week, 1+ day ago (848+ words) Treasury Secretary Scott Bessent says oil could fall to $40-$50 a barrel after the Iran conflict ends, even as crude and U.S. diesel prices remain sharply elevated. ERBIL (Kurdistan24) - U.S. Treasury Secretary Scott Bessent says crude oil could fall as low as $40 a barrel…...
Chinese Exports to Iran Collapse 52% in First Seven Months of 2026
1+ week, 6+ day ago (749+ words) Kurdistan24 Chinese Exports to Iran Collapse 52% in First Seven Months of 2026 New customs data show China shipped just $1.9 billion in goods to Iran between January and July, down from $4 billion in the same period of 2025, as sanctions, the naval blockade, and…...