Iraq's cabinet approved mechanisms for exporting Iraqi crude through specialized international and local companies and via multiple export outlets, the government said on Tuesday.The contracts under the new mechanism will run for three months starting September 1…
Iraq halted all operations at the Shuiaba refinery in Basra over the weekend following the overloading of fuel oil storage tanks, according to three refinery officials.The disruption occurred after no ships arrived at the Khor Zuhair port to load exported fuel oil since mid-last week…