UN warns against dangers of Iraqi political crisis, foreign intervention

Hennis-Plasschaert stressed that there are solutions, but for any of them to be adopted, Iraq’s leaders must start talking and be willing to compromise. UNITED NATIONS, New York- The UN special envoy for Iraq warned Tuesday that the situation in the country remains “highly volatile” nearly a year after last October’s elections failed to form a government, saying all sides

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OPEC oil output in Sept hits highest since 2020 – survey

By Alex Lawler Summary OPEC output rises 210,000 bpd from August Quota-bound members undershoot Sept target by 1.32 million bpd Libya, Saudi Arabia, Nigeria lead output increases Output by country LONDON, Sept 30 Reuters) - OPEC oil output rose in September to its highest since 2020, surpassing a pledged hike for the month, after production in Libya reco

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Iraq oil minister: OPEC monitoring oil prices, seeks market balance

Sept 26 (Reuters) - Iraq Oil Minister Ihsan Abdul Jabbar on Monday said the Organization of the Petroleum Exporting Countries (OPEC) and allies including Russia, known as OPEC+, are monitoring the oil price situation, wanting to have a balance in the markets. "We don't want a sharp increase in oil prices or a collapse," he said in a televised interview on s

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Iraq to increase wheat planting to about 1 million hectares for 2022-2023

Iraq plans to plant one million hectares with wheat and “a very small amount” of barley in its 2022-2023 winter crop planting season, the ministry of water resources said in a statement. The Iraqi cabinet directed the trade ministry to import wheat to store for the future, the statement said. Iraq, a major Middle East grain importer, has faced water shortages for several

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Iraq hiked August oil output, missed southern export targets

LONDON: Iraq’s crude oil output was 67,000 barrels per day higher in August than July but exports from the south of the country continued to be constrained by delays to infrastructure upgrades, data from state-owned marketer SOMO showed. Iraq produced 4.651 million bpd of crude in August, in line with its quota under an OPEC+ deal, the data seen by Reuters showed, but export

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