Read the latest news from regional and global sources, presenting different voices and perspectives.

Iraq strengthens US ties to harness energy potential
2025-07-03T15:57:51+00:00 font Enable Reading Mode A- A A+ Shafaq News – Baghdad As Iraq faces regional turbulence and the growing influence of foreign powers, the country is moving decisively to align its internal development goals with strategic...

Iraq secures Turkish water boost as drought crisis deepens
The deal comes amid one of Iraq’s most severe water crises in decades. [AFP] Iraq has secured a pledge from Turkey to increase water discharges to 420 cubic metres per second in a bid to ease a worsening drought that has strained the country's...

Iraq's drilling success: 113 new oil wells completed in H1 2025
2025-07-03T09:01:38+00:00 font Enable Reading Mode A- A A+ Shafaq News - Baghdad On Thursday, Iraq’s Ministry of Oil reported that the Iraqi Drilling Company completed drilling and rehabilitating 113 oil wells during the first half of 2025. In a...

Global Energy Security: Western Dependence on Gulf Oil and the Role of Regional Mediation in Middle Eastern Conflicts
Introduction The 1973 Oil Embargo first revealed the deep interconnection between Middle Eastern stability and global energy security. In response to US military support to Israel during the Yom Kippur war against Egypt and Syria, the Organization...

EIA reports that imports made up lowest share of US energy supply in nearly 40 years
In 2024, the US imported about 17% of its domestic energy supply, half of the record share set in 2006 and the lowest share since 1985, according to the US Energy Information Administration’s (EIA) Monthly Energy Review. The decline in imports’...

OPEC+ set for September 2025 production boost
The Organization of the Petroleum Exporting Countries and allies, known as OPEC+, is expected to approve a 550,000 barrels per day (bpd) hike for September 2025, as reported by Reuters. The decision will culminate the phased return of 2.17 million...

AAR Corp. (NYSE:AIR) Q4 2025 Earnings Call Transcript
AAR Corp. (NYSE:AIR) Q4 2025 Earnings Call Transcript July 16, 2025 AAR Corp. beats earnings expectations. Reported EPS is $1.16, expectations were $1. Operator: Hello, and welcome to AAR Corp. Fourth Quarter 2025 Earnings Conference Call....

Iraq ranks 5th for low living costs in Arab countries
2025-07-02T22:59:41+00:00 font Enable Reading Mode A- A A+ Shafaq News – Baghdad On Wednesday, Iraq ranked fifth among the least expensive Arab countries in terms of cost of living for 2025, according to data published by Numbeo, a global database...

President speaks of strength of the UAE on Union Pledge Day
President Sheikh Mohamed said unity was the strength of the UAE as the country marks Union Pledge Day. It was on this date, July 18, in 1971 that UAE Founding Father, the late Sheikh Zayed bin Sultan Al Nahyan, signed the declaration of the Union...
‘I needed to leave Man United to grow’: Zidane Iqbal on identity, Iraq and a new start in Utrecht
Zidane Iqbal is the Manchester-born-and-bred footballer who started out at Manchester United before moving to play first-team football for FC Utrecht in the Netherlands in 2023. Before that, he became the first British-born South Asian to play for...

Iraq Power Grid Suffers Capacity Cut as Iran Gas Supply Slumps
Iraq’s electricity grid lost around 15% of its generation capacity after gas supplies from neighboring Iran were more than halved on Tuesday, highlighting the country’s vulnerability to energy shocks despite its oil wealth. Iranian gas deliveries...
Saudi plays short and long game with OPEC+ production gamble: Bousso
(The opinions expressed here are those of the author, a columnist for Reuters.) LONDON - Saudi Arabia's drive to rapidly increase OPEC+ oil output may put Riyadh in the pole position to regain market share today while also solidifying its...
ExclusiveZidane Iqbal on leaving Man United, identity, Iraq and a new start in Utrecht
Zidane Iqbal is the Manchester-born-and-bred footballer who started out at Manchester United before moving to play first-team football for FC Utrecht in the Netherlands in 2023. Before that, he became the first British-born South Asian to play for...

SLB beats quarterly profit estimates on steady oilfield services demand
SLB, a leading oilfield services company, narrowly beat Wall Street's expectations for the second quarter profit on Friday as resilient demand from parts of its global business offset the drilling slowdowns in North America and Mexico. SLB was the...
Imports made up 17% of U.S. energy supply in 2024, the lowest share in nearly 40 years
In 2024, the United States imported about 17% of its domestic energy supply, half of the record share set in 2006 and the lowest share since 1985, according to our Monthly Energy Review. The decline in imports’ share of supply in the previous two...

Iraq revisits Baghdad metro project
The Iraqi government is reassessing the financial framework for a planned multi-billion-dollar project to build its first metro network in the capital Baghdad. Baghdad Metro's financial and technical standards are being re-evaluated after previous...

'Planeloads of Russians' Touch Down in Iraq as Moscow Eyes Oil, Nuclear Deals
The dull dirgeful drone of Russian has been gutturally resonating around various governmental departments in southern Iraq in the past few weeks, particularly since the U.S. and Israel grew tired of the game of nuclear Whac-A-Mole being played by...

Water shortage in Basra: Upstream violations end agriculture, endanger fish
2025-07-07T23:10:16+00:00 font Enable Reading Mode A- A A+ Shafaq News – Basra Basra is facing a severe water crisis that threatens its food security and environmental stability, local officials warned. Citing a sharp decline in freshwater...

OPEC+ to Boost Oil Production by 548,000 Barrels a Day
[Stay on top of transportation news: Get TTNews in your inbox.] NEW YORK — Eight members of the OPEC+ alliance of oil exporting countries say they will boost production by 548,000 barrels per day in August in a move that could further reduce gas...

Iraq’s water deal with Turkiye: New inflows to address shortage
2025-07-02T10:18:12+00:00 font Enable Reading Mode A- A A+ Shafaq News - Ankara/Baghdad Iraq has secured pledges from Turkiye and Syria to release additional water into the Tigris and Euphrates rivers to combat declining national supply levels,...