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Minister Bayraktar: Iraq-Türkiye pipeline arbitration still ongoing as new deal under negotiation
- Türkiye aims to prevent supply disruptions while negotiating new long-term pipeline agreement with IraqOil rises as US-Iran tensions intensify around Strait of Hormuz
- Brent briefly climbs above $85 per barrel as investors assess impact of escalating Gulf tensions on global oil supplies
14.07.2026
Oil
OPEC crude production jumps 3.05M bpd in June
- UAE, Kuwait and Iraq lead output gains
14.07.2026
Oil
US company sees Türkiye's Diyarbakir Basin producing up to 250,000 bpd of oil
- Last year, Texas-based oil and gas company entered into joint venture with TPAO and Oklahoma-based Continental Resources to pursue unconventional opportunities in Diyarbakir basinHigher oil prices fuel profits for producers, political pressure for White House
- Elevated gasoline prices could become a key election issue despite strong financial performance across the US energy sector
13.07.2026
Oil