Oil and Gas - Newz Baba

Dow sinks over 750 factors after Israel’s assault on Iran

Newz BabaJune 14, 202505 mins

Shares closed decrease on Friday and oil costs climbed after a navy strike by Israel on Iran stirred investor fears in regards to the threat of conflict breaking out within the Center East. The S&P 500 slid 68 factors, or 1.1%, to finish the day at 5,977, whereas the Dow Jones Industrial Common dropped 770…

US ends sanctions waiver for Iraq to purchase electrical energy from Iran

Newz BabaMarch 10, 202507 mins

Iraq faces worsening energy shortages after the US cuts waivers tied to Iranian fuel and electrical energy imports. America has ended a sanctions waiver that allowed Iraq to purchase electrical energy from neighbouring Iran, in keeping with US President Donald Trump’s coverage of exerting “most strain” on Tehran. In an announcement launched on Sunday, the…