Thursday, June 18, 2026
Iran

Oil seen as real prize of Iran’s Kurdish adventure

From Reuters After helping Iraq stifle a Kurdish push for independence, Iran is now positioning itself to take control of oil exports from the region’s giant Kirkuk field, with the first deliveries expected within days, officials and trading sources said. In the weeks since September’s failed Kurdish independence referendum, Iraq has agreed for the first time to divert crude from

Oil & Gas 360 - Venezuela elections

Russia, Venezuela Sign Deal on $3.15 Billion Restructuring

From Bloomberg Russia signed an agreement to restructure $3.15 billion of debt owed by Venezuela, throwing a lifeline to a crisis-wracked ally that’s struggling to repay creditors. The pact gives Venezuela some much-needed breathing room as it faces the much more complicated task of restructuring its $140 billion of bonds and foreign loans. For Russia, the deal underscores the costs that come