'Due to Russia’s aggression in Ukraine, global oil markets have become tighter. The situation serves as a reminder of the importance of great power politics.'
'Three events occurred in the last week or so involving either Iran or Iraq separately, or both together, that put Russia back front and centre in the Middle East, to the detriment of the U.S'
'U.S. energy company Schlumberger (SLB.N) has said it will not apply without Baghdad's consent for any tenders in the oil and gas sector of Iraq's '
'Pipeline explosion adds further upwards pressure to oil prices, which hit a seven-year high on Wednesday
'Iraq seeks to raise its crude oil production to 8 million barrels per day (bpd)'