The directly visible indicator of the devastation was the collapse of the local currency (from 47 Syrian pounds per US dollar in 2010 to 14,800 by the end of 2024), as growing budget deficits were ...

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

Oil prices were little changed on Friday after rising in the previous session as concerns drone attacks on northern Iraqi oil ...

Crude oil futures bounced back on surprisingly strong US economic data, falling US stockpiles, and drone attacks on oil ...

A new deal for oil and budget cooperation between Baghdad and Erbil faces significant challenges to implementation, including crippling attacks on Kurdistan's oil sector.

Iraqi Kurdistan plans to resume oil exports to Turkey despite ongoing drone attacks on its oilfields. An agreement between ...