Tag: Global oil market impact 2026
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Attack on Two Oil Tankers at Basra Port Kills One, Halts Iraq’s Oil Terminal Operations
Early on Thursday, March 12, 2026, a violent attack targeted two oil tankers in the ship-to-ship transfer area of Iraq’s Basra port, resulting in the death of at least one crew member and forcing Iraqi authorities to suspend operations at all of the country’s oil terminals. The attack has raised serious concerns about maritime security…
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