Oil prices drop as Pakistan announces US-Iran deal

AsianOil - Asia Oil & Gas
By IntelliNews 15 June 2026
Oil prices fell in early Asian trading after Pakistan, which has been mediating efforts to end the US-Iran war, announced a deal that US President Donald Trump said would lead to the reopening of the Strait of Hormuz.

UK, Japan seal $24bn investment and tech partnership

AsiaElec - Asia Power
By Newsbase 15 June 2026
More than 10 trade agreements were signed in total. These included an offshore wind farm project.

Baghdad and Erbil forge pact to shield Kurdistan oil infrastructure

DMEA - Downstream Middle East & Africa
MEOG - Middle East Oil & Gas
By Editorial 14 June 2026
Authorities in Baghdad and Erbil have agreed a joint security framework to protect international oil companies operating in northern Iraq
The war has proved costly for Turkey's fragile economy.

Turkey set to take $14bn hit from Hormuz crisis

EurOil - Europe Oil & Gas
MEOG - Middle East Oil & Gas
By Newsbase 14 June 2026
Think tank Ember calculates cost to Ankara of energy shock caused by Iran war.
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