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US officials: The Iran agreement will begin immediately to lift the blockade.

2026-06-18

US officials: The Iran agreement will begin immediately to lift the blockade.

Other News
2026-06-17

The U.S. government on Wednesday granted SandboxAQ $500m to develop new chemicals and materials for domestic semiconductor manufacturing, including alternatives to PFAS. The funding is part of CHIPS Act research allocations directed by President Trum

The U.S. government on Wednesday granted SandboxAQ $500m to develop new chemicals and materials for domestic semiconductor manufacturing, including alternatives to PFAS. The funding is part of CHIPS Act research allocations directed by President Trump; the program previously committed $150m to new chip-making equipment and $2bn to quantum computing. SandboxAQ, backed by NVIDIA (NVDA.O), was valued at $5.75bn in April 2025 and has raised more than $1bn to date.
2026-06-17

Iraq is taking measures to resume oil exports as soon as maritime shipping normalizes, Oil Ministry spokesman Salim Rikabi said. Baghdad is finalizing procedures to designate tankers for loading Iraqi crude. Some buyers have already informed state ma

Iraq is taking measures to resume oil exports as soon as maritime shipping normalizes, Oil Ministry spokesman Salim Rikabi said. Baghdad is finalizing procedures to designate tankers for loading Iraqi crude. Some buyers have already informed state marketer SOMO of preferred tankers and Iraq is processing those requests. SOMO general manager Ali Nizar said Iraq has recently increased volumes exported via the Strait of Hormuz, with shipments in the first half of this month reaching about 1.0 mln bpd. Tanker-tracking data show May exports from southern Iraqi ports near 98,000 bpd; the average export rate through February this year was about 3.5 mln bpd. Rikabi said oilfields will need time to return to previous production levels, but export infrastructure appears undamaged.
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