The Red Sea has become “operationally hazardous” for many operators but remains open to shipping …
Read More »Iran war has cost Iraq $45bn, government aide says
Iraq has lost tens of billions of dollars in revenue since the Iran war began in late February, after the closure of the Strait of Hormuz slashed oil exports, according to an aide to the country’s leader. Several development projects in Opec’s second-largest oil exporter have stalled because of the …
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