The prices of 'heavy and medium' Basra crude oil witnessed a slight increase, today, Monday, coinciding with the rise in international oil prices. The price of Basra Heavy crude recorded an increase of 8 cents, reaching $79.54, and the price of Basra Medium crude rose by the same amount, reaching $82.41. This rise in oil prices comes as investors await potential signals about interest rate cuts that may begin in September. Source: National Iraqi News Agency
Egypt and Algeria Discuss Coordination on Libya and Regional Issues
Cairo: Egyptian Foreign Minister Badr Abdelatty and Algerian Foreign Minister Ahmed Attaf engaged in a phone conversation focusing on the latest developments in Libya. They stressed the significance of sustained coordination under the trilateral neigh…