Monday, February 9, 2026

Iraq Cutting More Oil Production than Necessary

Iraq’s oil minister said any decision to extend an OPEC-led move to trim supplies will depend on market conditions From UPI Sept. 1 (UPI) — Iraq is doing more than it needs to in terms of working to balance an oversupplied market through an OPEC-led effort, its oil minister said Friday from Moscow. Russian Energy Minister Alexander Novak hosted Iraqi Oil Minister Jabbar

Judge Strikes Down Overtime Pay Hike for 4.2 Million Workers

From USA Today A federal judge Thursday struck down an Obama-era rule making millions more Americans eligible for overtime pay, saying the Labor Department set an excessively high salary threshold to determine which employees are exempt from overtime. U.S. District Judge Amos Mazzant’s ruling affects an estimated 4.2 million workers who would have been eligible for time-and-a-half wages for each