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Iraqs State Oil Marketing Organization (SOMO) announced that Iraq will set the official selling price for its Basra medium crude oil to North and South America in February at a discount of $1.10 per barrel to Argus sour crude.
Iraqs State Oil Marketing Organization (SOMO) announced that Iraq will set the official selling price for its Basra medium crude oil shipments to Asia in February at a discount of $1.30 per barrel to the Oman/Dubai average.
On January 11, in response to previous reports that the UK would deploy troops to Greenland, British Transport Secretary Heidi Alexander did not rule out the possibility in an interview with Sky News, stating that it was a "routine discussion" among NATO allies.
January 11th - According to the latest data from Eurostat, since the escalation of the Russia-Ukraine conflict in February 2022, multiple rounds of EU sanctions against Russia have resulted in export losses for EU countries reaching €48 billion. The data shows that between January and October 2025, EU exports to Russia are projected to reach €25 billion, compared to €73 billion in the same period of 2021. This represents a sharp drop in exports of approximately 65%.
According to TASS, Russian troops attacked a Ukrainian military industrial enterprise and energy facilities.