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A service for energy industry professionals · Sunday, June 15, 2025 · 822,489,164 Articles · 3+ Million Readers
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  • Published on June 15, 2025 - 18:38 GMT

    Iraq Says Israel-Iran Conflict May Trigger Oil Price Hike

    (MENAFN) Rising tensions in the Middle East, combined with the looming threat of shutting down the Strait of Hormuz, have raised alarms over a potential surge in oil prices to as high as $300 per barrel. This stark warning came from Iraqi Foreign Minister …

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  • Published on June 15, 2025 - 18:38 GMT

    Iraq Warns Tensions May Push Oil Prices

    (MENAFN) Amid rising strain in the Middle East, Iraqi Foreign Minister Fuad Hussein has cautioned that a potential shutdown of the Strait of Hormuz might cause crude oil prices to soar as high as USD300 per barrel. This warning came during a telephone …

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