The Central Bank of Iraq has banned five local banks from dealing in dollars to combat money laundering, affecting foreign transactions and also including three electronic payment companies.
Reuters reported today, Sunday, that Two informed sources said that the Central...
Saudi Arabia's oil output has been affected by recent attacks. The East-West Pipeline flow has also been impacted, disrupting the country's energy production and distribution.
The Strait of Hormuz has been shut down, and the CEO of ADNOC is calling for its reopening without conditions. This development has significant implications for the region's oil supply.
