Iraq’s Oil Output Plunges 70% as Gulf Shipping Crisis Deepens | OilPrice.com Irina Slav Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry. More Info Related News By Irina Slav – Mar 09, 2026, 1:12 AM CDT Crude oil production from Iraq’s southern fields has...Continue Reading
Iranian President Masoud Pezeshkian has praised the appointment of Mojtaba Khamenei as the country’s new supreme leader, calling the decision a reflection of national unity in the face of attacks by the United States and Israel. In a statement on Telegram, Pezeshkian said the choice strengthened the “resilience of the Iranian people” and said the...Continue Reading
Airline stocks tumbled across global markets on Monday as the oil price surge driven by the Iran conflict sent shockwaves through the aviation industry. In Asia, Korean Air fell 8.6%, Air New Zealand dropped 7.8%, and Cathay Pacific lost 5%, while European carriers including Air France-KLM, IAG, and Lufthansa slid between 4% and 6%. Airfares...Continue Reading
Airline stocks tumbled across global markets on Monday as the oil price surge driven by the Iran conflict sent shockwaves through the aviation industry. In Asia, Korean Air fell 8.6%, Air New Zealand dropped 7.8%, and Cathay Pacific lost 5%, while European carriers including Air France-KLM, IAG, and Lufthansa slid between 4% and 6%. Airfares...Continue Reading
Iranian President Masoud Pezeshkian has praised the appointment of Mojtaba Khamenei as the country’s new supreme leader, calling the decision a reflection of national unity in the face of attacks by the United States and Israel. In a statement on Telegram, Pezeshkian said the choice strengthened the “resilience of the Iranian people” and said the...Continue Reading
