MAJORS MANAGEMENT ANNOUNCES THE ACQUISTION OF FUEL SUPPLY CONTRACTS FROM BLUEBONNET PETROLEUM

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International oil prices are set to end the monthly rising trend, with increased tariffs and production putting pressure on the oil market, creating potential crises.

① Due to the threats of tariffs from the USA and the resumption of exports from Iraq, both major international Crude Oil Product benchmarks fell over 1%, potentially ending two consecutive monthly gains; ② The Iraqi Ministry of Oil declared it would resume exporting oil from the Kurdish region through the Iraq-Turkey pipeline, raising questions about whether it would comply with OPEC+ production obligations.

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