Oil was little changed on Monday as optimism over the U.S. stimulus package and the start of a European vaccination campaign was offset by weak demand and the prospect of higher OPEC+ output. After U.S. President Donald Trump backed down from a threat to block a $2.3 trillion package to...

Iran's state gas company said on Monday it had slashed supplies to neighbouring Iraq over arrears of more than $6 billion, after the Iraqi electricity ministry said the cuts placed Baghdad and other cities at risk of serious power shortages. "The Iraqi Ministry of Electricity owes more than...

 The U.S. dollar edged higher on Thursday, while sterling gained in a holiday-thinned session, after Britain and the European Union struck a post-Brexit trade deal, raising hopes the United Kingdom can avoid a turbulent economic departure at the end of the year. Financial markets are...

Iraq's government has agreed to sign a $2.625 billion contract with South Korea's Daewoo Engineering & Construction (047040.KS) to build the first phase of a giant commodities port in the south of the country, a port manager said on Wednesday. The long-planned and repeatedly delayed...