Press Releases

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(MENAFN) A drone came down at the West Qurna 1 oil installation in southern Iraq on Tuesday, Iraq's Security Media Cell confirmed, according to Iraqi media, as regional hostilities continue to simmer.

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(MENAFN) South Korea escalated its national energy security status to the second-highest alert level Wednesday, as the country's oil supply chain faces mounting real-world disruptions triggered by the widening conflict across the Middle East. The...

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(MENAFN) Israel’s recent attack on Iran’s South Pars gas field, followed by Tehran’s retaliatory strikes on vital energy infrastructure in several Gulf nations, marks a significant escalation in the ongoing Middle East conflict.

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(MENAFN) South Korea has raised its national energy security alert to the second-highest level, citing emerging disruptions in oil supplies, according to government statements.

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(MENAFN) Iraqi forces officially assumed command of the Ain al-Asad Airbase in western Anbar province Saturday following the complete withdrawal of US-led coalition personnel, the Defense Ministry confirmed.

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(MENAFN) Iraq’s Popular Mobilization Forces (PMF) stated early Tuesday that several of its positions were struck by US-Israeli air attacks.

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(MENAFN) Iraq’s Popular Mobilization Forces (PMF) report that US-Israeli airstrikes struck its positions early Tuesday.

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(MENAFN) Switzerland is experiencing a sharp increase in energy costs as ongoing tensions in the Middle East continue to disrupt global markets, placing added financial strain on households and the wider economy, as stated by reports.

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(MENAFN) The Iraqi Defense Ministry announced on Saturday that the Iraqi army has officially taken full control of the Ayn al-Asad Airbase in Anbar province, following the departure of U.S. troops.

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(MENAFN) The Israeli army announced on Saturday that it carried out an airstrike targeting the headquarters of Iran’s Marine Industries Organization, as stated by reports.

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(MENAFN) Iran's deputy energy minister declared Monday that the country's national power grid has stabilized and that outages affecting Tehran and Alborz have been fully resolved, according to a report by media.

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(MENAFN) Gulf countries are reconsidering pipeline projects that would avoid the Strait of Hormuz, as ongoing conflict raises concerns about regional reliance on one of the world’s most critical oil and gas chokepoints, according to reports.

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(MENAFN) Iraq’s Transport Ministry has denied reports that Baghdad International Airport has suspended flights amid fears of a potential US strike on Iran. A ministry spokesperson said the claims were unfounded, confirming that air traffic is...

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(MENAFN) Iraq has dismissed reports claiming that flights at Baghdad International Airport had been suspended due to fears of a potential US strike on Iran. A spokesperson for the Transport Ministry, Maytham Al-Safi, said the claims were baseless,...

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(MENAFN) The French government has announced an €70 million ($80 million) emergency package aimed at protecting vital sectors from sharp energy price fluctuations caused by the ongoing conflict in the Middle East, according to reports.

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(MENAFN) Iraq has signaled strong intent to purchase Pakistan's JF-17 Thunder combat aircraft following critical talks between top air force commanders from both nations, Pakistan's military media division announced Saturday.

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(MENAFN) Iraq has shown strong interest in purchasing Pakistan’s JF-17 Thunder fighter jets following senior-level discussions between the air force leadership of both countries, according to an official military statement released Saturday.

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(MENAFN) The Majnoon oil field, one of southern Iraq’s largest energy sites, was reportedly targeted in a drone attack, according to local reports.

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(MENAFN) Spanish Prime Minister Pedro Sanchez has warned that the ongoing US-Israeli military actions against Iran could have “much worse” consequences than the 2003 US-led invasion of Iraq, while reiterating Madrid’s refusal to participate....