Oil prices jump to $78 a barrel

2021/09/25 09:20

  • number of readings 94
  • Section : Arab and world

Baghdad / Obelisk: Oil prices rose for the third week in a row, Saturday, September 25, 2021, to reach their highest level in three years, as disruptions in global production forced energy companies to withdraw large quantities of crude from stocks.

Brent crude futures rose 84 cents, or 1.1 percent, to settle at $78.09 a barrel, while US West Texas Intermediate crude rose 68 cents, or 0.9 percent, to settle at $73.98.

This is the highest close for Brent since October 2018 and for WTI since July 2021, both higher for the second day in a row.

This was the third week of gains for Brent and the fifth for West Texas Intermediate, as production was disrupted in the US Gulf Coast by Hurricane Ida in late August.

Louise Dixon, chief oil market analyst at Rystad Energy, said: “With oil prices heading to complete another week of gains, the market is bearing in mind the long-term impact of supply disruptions and the potential drawdown of inventories that will be necessary to meet refinery demand.”

US energy companies added ten oil drilling rigs this week, raising the number of oil and gas rigs for the 14th consecutive month.

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Harb: The Iraqi constitution specified one enemy, which is terrorism, and did not mention the name of Israel

politicsTariq HarbIraqi constitutionnormalizationNormalization with IsraelPeace and Recovery Conference 2021-09-25 09:24A-AA+

Shafaq News/ Legal expert Tariq Harb said on Saturday that the Iraqi constitution specified one enemy, which is “terrorism”, indicating that he did not mention the name “Israel”.

Harb said in a clarification statement regarding the Iraqi legal and constitutional articles related to normalization with Israel, which was reported to Shafak News Agency, that “the constitution in Article VII specified one enemy for Iraq, which is terrorism in relation to international relations when it decided to fight terrorism only.”

Internally, Harb made it clear that “the constitution has prohibited the political entity, i.e. the party that adopts racism, terrorism, infidels, sectarian cleansing, or the party that has a relationship with the (Saddam) Baath only and did not speak about a state,” noting that the Iraqi constitution “did not mention the name of the state.” There is another country except for one country, which is Iraq. He did not mention the name of Israel or the name of any other country.”

And he added, “Article (8) of the constitution requires respect for international obligations, including the countries represented in the United Nations,” noting that “it must be taken into account that Iraq is a member of the Arab League, and that five Arab countries have normalized their relations with Israel without objection from the Arab League.

Harb pointed out that “Article (18) of the constitution gives the right of those who have been stripped of their citizenship to request its restoration, and this includes Iraqi Jews whose citizenship was revoked under Law No. 1 of 1950 and Law No. 12 of 1951.”

He pointed out that “Nationality Law No. 26 of 2006 in Article (14) prevented the children of Iraqi Jews from benefiting from the previous ruling, i.e., the ruling to restore citizenship, and this ruling has talk about its constitutionality or its unconstitutionality.”

And he indicated that “crimes affecting the internal security of the state in the Penal Code No. 111 of 1969 stipulated the character of the enemy sometimes and the state of war at other times, and we said that the constitution specified one enemy, which is terrorism only, and there is no state of war with any other country in accordance with the provisions of Article (61 / ninth) of the constitution. who set conditions for declaring war and did not declare war with any country according to the provisions of this constitution.

Legal expert Tariq Harb’s clarification follows a call by about 300 Iraqi “Sunni and Shiite” figures, on Friday, September 24, for Iraq to become the latest Muslim-majority country to join the Ibrahim Agreements and establish diplomatic relations with Israel.

According to a statement issued by the conference held in Erbil, it includes more than 300 Iraqis from Baghdad, Mosul, Anbar, Babil, Salah al-Din and Diyala.

This morning, the Iraqi government expressed its “categorical” rejection of the “illegal” meetings held by some tribal figures residing in the city of Erbil in the Kurdistan Region, by raising the slogan of normalization with Israel.

The Presidency of the Republic of Iraq also warned against attempts to inflame the general situation and threaten civil peace in the country, confirming its position rejecting normalization with Israel.

While the Ministry of Interior of the Kurdistan Regional Government said that the meeting, which was held yesterday in Erbil under the title (Peace and Recovery), was held without the knowledge, approval and participation of the regional government, and it does not express in any way the position of the Kurdistan Regional Government.

She added that the necessary measures will be taken to follow up on how this meeting will be held.

In turn, Israeli Foreign Minister Yair Lapid welcomed the Iraqi gathering’s call for normalization with his country, describing the event as “a hopeful event.”

Yedioth Ahronoth newspaper quoted the minister as saying that the event “reveals hope in places we hadn’t thought of before.”

“We and Iraq share a common history and roots in the Jewish community, and whenever someone contacts us, we will do everything to connect with them,” he added.

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The Presidency of the Republic announces its position on the normalization meeting: “Concepts that are nationally and legally rejected.”

politicsPresidencynormalization meeting 2021-09-25 06:59A-AA+

Shafaq News/ The Presidency of the Republic of Iraq warned, on Saturday, of attempts to inflame the general situation and threaten civil peace in the country, confirming its position rejecting normalization with Israel.

The presidency said in a statement received by Shafaq News Agency, “At a time when the Presidency of the Republic affirms Iraq’s firm position and support for the Palestinian cause and the implementation of the full legitimate rights of the Palestinian people, it renews Iraq’s categorical rejection of the issue of normalization with Israel, and calls for respecting the will of the Iraqis and their independent national decision.”

She stressed that “the last meeting that was held to promote this concept does not represent the people and residents of Iraqi cities, but only the positions of those who participated in it, in addition to being an attempt to inflame the general situation and target civil peace.”

The Presidency of the Republic called to “stay away from promoting nationally and legally rejected concepts that affect the feelings of Iraqis, at a time when we must prepare for fair and transparent elections that support the national path in Iraq and restore a free and dignified life for all Iraqis.”

On Friday, September 24, about 300 Iraqi Sunni and Shiite figures called for Iraq to become the latest Muslim-majority country to join the Ibrahim agreements and establish diplomatic relations with Israel.

According to a statement issued by the assembly, it includes more than 300 Iraqis from Baghdad, Mosul, Anbar, Babil, Salah al-Din and Diyala, calling on Iraq in general to enter into relations with Israel and its people through the Ibrahim agreements, similar to the Arab countries that have been normalized.

This morning, the Iraqi government expressed its “categorical” rejection of the “illegal” meetings held by some tribal figures residing in the city of Erbil in the Kurdistan Region, by raising the slogan of normalization with Israel.

Today, Saturday, the Ministry of Interior of the Kurdistan Regional Government issued a clarification about a meeting held yesterday in Erbil under the title (Peace and Recovery).

The ministry said in a statement received by Shafaq News Agency, that the meeting was held without the knowledge, approval and participation of the regional government, and it does not express in any way the position of the Kurdistan Regional Government.

The statement added that the necessary measures will be taken to follow up on how this meeting will be held.

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A gathering of Iraqi “Sunnis and Shiites” that supports normalization with Israel has met with strong disassociation and rejection

politicsIraqIsraelnormalizationgathering 2021-09-25 06:48A-AA+

Shafaq News/ An Iraqi gathering of hundreds of personalities from the Sunni and Shiite sects has been announced calling for the normalization of relations between Iraq and Israel publicly, in an event that is the first of its kind, as similar calls were individual or not publicly announced.

According to the statement issued by the assembly, it includes more than 300 Iraqis from Baghdad, Mosul, Anbar, Babil, Salah al-Din and Diyala, calling on Iraq in general to enter into relations with Israel and its people through the Ibrahim agreements, similar to the Arab countries that have been normalized.

The statement said: We are a gathering of Sunnis and Shiites that includes members of the (Sunni) Awakening of the Sons of Iraq movement, as well as intellectuals, tribal sheikhs and youth activists from the 2019-21 protest movement. Some of us have faced ISIS and al-Qaeda on the battlefield.

“We have shown in blood and tears for a long time that we oppose all extremists, whether they are Sunni jihadists or Shiite militias backed by Iran. We have also shown our patriotism,” the statement said.

“We sacrificed lives for a united Iraq, and we aspire to achieve a federal system of government as stipulated in our nation’s constitution,” the statement continued.

A few hours after this statement was issued, the “Iraq Awakening” today Saturday distanced itself from supporting or joining this gathering.

The head of the Iraq Awakening Conference, Ahmed Abu Risha, said in a statement today, “Unfortunately, we have heard that some advocates of affiliation with certain components and descriptions are false and slanderous.

He added, “From here and from the height of moral commitment and responsibility, we announce that they do not represent anyone, and they are not allowed to exploit a tribal or regional character to talk about a position they are far from delving into.”

In turn, Ammar Tohme, “head of the National Approach” bloc, which represents Muhammad al-Yaqoubi’s authority in Najaf, expressed in a statement his condemnation and “strongly” rejection of the invitation of this gathering, calling for “prosecuting the voices professing normalization with” Israel.

Tohme said that “Iraqi law criminalizes these treacherous actions against the constants of the Iraqis and denying the grievances of the Palestinian people tested by the terrorist policies of the Zionist entity and contrasting with the historical positions of the Iraqis in support of the Palestinian cause and perpetuating the momentum of its people’s revolution in combating and combating Zionist arrogance and its extreme criminality,” as he put it.

The head of the bloc called on “the Iraqi government, parliament, national political forces, social activities and Arab clans to take a united and courageous voice in denouncing and rejecting these malicious plans aimed at diluting the nation’s immunity and immunity against” Israel. “In order to deter these and others and block the way for these extraneous sabotage projects (..).”

As for “Israel in Arabic”, a site on the social networking platforms on “Twitter” affiliated with the Israeli Foreign Ministry commented, “Dozens of tribal leaders and senior Iraqi officials gathered in the city of Erbil and called for direct contact with Israel.”

And the site added, “Our goal is to expand the Abrahamic agreements. The event in Iraq inspires hope, wherever they reach us, we will do our best to return.”

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The President of the Republic concludes his visit to New York and returns to the homeland

 2021/09/25 

Baghdad / supplier News
returned President Barham Saleh on Saturday, to the homeland after the conclusion of his visit to New York to participate in the work of the General Assembly of the United Nations concerning its session (76)
, said the media office said in a statement, ” The President of the Republic Barham Saleh returned home after the conclusion of His visit to New York, where His Excellency participated in the work of the United Nations General Assembly in its 76th session.
The President delivered Iraq’s speech, which included the latest developments in the country, regional and international developments of interest, and addressed issues of combating terrorism and corruption and the importance of the upcoming elections and ensuring their integrity.

https://almawrid.news/contents/view/details?id=38727