West Texas Intermediate & Iraq
32 shared events · Importance 9 · Last updated May 09, 2026
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International
West Texas Intermediate: West Texas Intermediate crude oil prices have increased following the United States' decision to blockade Iranian ports, indicating market anxiety over potential supply shortages.
Iraq: Iraq's heavier crude fields could take four to five months to return to normal operating levels, contributing to the slow recovery of oil output.
Apr 08, 2026 · 307 articles
International
West Texas Intermediate: West Texas Intermediate (WTI) crude prices rose due to concerns over restricted energy flows through the Strait of Hormuz, indicating market volatility.
Iraq: Iraq is a Gulf producer whose oil supply is connected to global markets via the Strait of Hormuz, making it indirectly affected by the restrictions.
Apr 08, 2026 · 19 articles
International
West Texas Intermediate: West Texas Intermediate crude prices have seen volatility due to the Iran war and supply constraints, with the United Arab Emirates' departure from OPEC potentially influencing future price dynamics.
Iraq: Iraq, the third-largest producer in OPEC, has stated it has no plans to leave OPEC as it desires stable oil prices.
Apr 28, 2026 · 222 articles
International
West Texas Intermediate: West Texas Intermediate futures climbed due to supply anxieties, with prices potentially reaching well above pre-war levels.
Iraq: Iraq is the location where an American journalist was kidnapped, with the incident being blamed on an Iranian-backed militia, indicating the spillover effects of the conflict into neighboring countries.
Mar 29, 2026 · 65 articles
International
West Texas Intermediate: West Texas Intermediate crude futures rose due to renewed fighting and tensions in the Strait of Hormuz, reflecting market concerns over oil supply disruptions.
Iraq: Iraq is subject to U.S. sanctions due to alleged ties with Iran, with officials and firms accused of helping Iran evade sanctions and finance militants.
May 04, 2026 · 139 articles
International
West Texas Intermediate: The price of West Texas Intermediate (US-traded crude) rose by 2.3% to $97 due to concerns over military action in the Strait of Hormuz, a critical trade route for oil and gas.
Iraq: The United States imposed sanctions on Iraq's deputy oil minister and three militia leaders over their alleged support for Iran.
Apr 22, 2026 · 36 articles
International
West Texas Intermediate: West Texas Intermediate futures prices are influenced by the same geopolitical factors as Brent Crude, reacting to news regarding the Iran war and the U.S.-China diplomatic meeting.
Iraq: Iraq is involved in deals with Iran to ship oil and liquefied natural gas, indicating its role in regional energy trade amidst the conflict.
May 13, 2026 · 12 articles
International
West Texas Intermediate: U.S. crude prices (West Texas Intermediate) plunged more than $13 to $88.88 per barrel on news of potential ceasefire.
Iraq: The United States imposed sanctions on Iraq's deputy oil minister and three militia leaders over their alleged support for Iran, indicating continued US pressure in the region.
May 06, 2026 · 98 articles
International
West Texas Intermediate: West Texas Intermediate oil prices extended losses and dipped below $100 a barrel, indicating a positive market reaction to the de-escalation efforts.
Iraq: Iraq's prime minister-designate Ali al-Zaidi was in a call with Masoud Pezeshkian where Iran's stance on negotiations was reiterated.
May 06, 2026 · 31 articles
International
West Texas Intermediate: US West Texas Intermediate for May fell due to expectations that US-Iran peace talks would resume, indicating a positive market reaction to potential de-escalation.
Iraq: Basra, Iraq, is the destination for a Malta-flagged vessel, as its ports are not under the U.S. blockade.
Apr 08, 2026 · 702 articles
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