Global Plastics Supply Chains Further Pressured As Abu Dhabi Petrochemicals Plant "Suspended" After Attack

Iraq Negotiates With Iran To Reopen Vital Oil Shipping Route Authored by Tsvetana Paraskova via OilPrice.com, The federal Iraqi government is in contact with Iran to persuade Tehran to allow some Iraqi oil tankers to pass through the Strait of Hormuz, Iraq’s Oil Minister Hayyan Abdul Ghani said on Tuesday.  “There is communication with Iran regarding allowing the passage of some Iraqi oil tankers,” the minister said in statements carried by the Iraqi News Agency (INA).  Iraq, unlike Saudi Arabia and the United Arab Emirates (UAE), doesn’t have any options – even partial – to...

Trump Doubles Down On Plans To Make Hormuz Strait At US Territory: "A Great Idea" Summary Trump repeats declaration that he'll make Strait of Hormuz a "US territory", calling it "a great idea". Iran goes "fully offensive": Tehran threatens escalation if diplomacy fails, after last week's military command reshuffle. MoU expires: Iran says the US-Iran agreement is effectively dead & "irrelevant".  Trump threatens Oman: Trump warns "we'll bomb the s**t out of them." Backchannel denied: Tehran rejects Trump's claim of IRGC communications. Strait of Hormuz traffic returns to normal by September 30? Yes 12% · No 89%View...

A new report from the Congressional Research Service has found that at least 81 US military aircraft have been damaged or lost in the Iran war since it was launched by the US and Israel on February 28. The report’s authors said the tally was compiled from statements by the Pentagon, US Central Command, the […]