World
Iraq and Turkey Sign One-Year Oil Agreement
The pipeline deal to Ceyhan is key to diversifying Iraq's exports after the closure of the Strait of Hormuz. Meanwhile, new geopolitical tensions are pushing oil prices up on global markets.
World
US Builds Military Force in Israel as Trump Opens Door to Negotiations with Iran
Nearly 90 US refueling aircraft have arrived at Israeli bases, but Trump has simultaneously ordered a temporary halt to strikes and announced diplomatic talks with Tehran.
Politics
Tanker Diverts Around Africa Due to Houthis, Oil Above $100 Again
Danish tanker Torm Innovation has been diverted from its route through the Red Sea to a detour around the Cape of Good Hope, as escalating conflicts in the region force shippers onto costlier and longer alternative routes.