Gate News message, April 20 — Iraq’s border authority announced on April 20 that the Rabia border crossing between Iraq’s northern Nineveh Province and Syria has reopened, according to Omar Waeeri, director of Iraq’s border management authority. The crossing had remained closed since the outbreak of Syria’s civil war in 2011 due to security concerns in the region.
Waeeri stated that the reopening of the Rabia crossing will facilitate people-to-people flows, trade activities, and crude oil transactions between Iraq, Syria, and neighboring countries. The crossing serves as a key transit point for regional commerce and energy trade.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Citigroup Raises 2026 Brent Crude Price Forecasts, Eyes $150/Barrel if Hormuz Disruptions Persist
Gate News message, April 27 — Citigroup raised its price forecasts for Brent crude oil (the international benchmark for crude oil pricing) for the remainder of 2026 on Sunday evening. The bank now projects average prices of $110 per barrel for Q2, $95 per barrel for Q3, and $80 per barrel for
GateNews1h ago
Whale Deposits $2M USDC to HyperLiquid, Opens Leveraged Short Positions on Oil
Gate News message, a whale deposited $2 million USDC into HyperLiquid and opened short positions of 21,000 BRENTOIL and 19,000 CL with 3x leverage.
GateNews2h ago
Goldman Sachs Raises Q4 Oil Price Forecasts to $90/Barrel Brent, $83/Barrel WTI Amid Middle East Supply Tightness
Gate News message, April 27 — Goldman Sachs raised its fourth-quarter oil price forecasts on April 26, citing supply tightness in the Middle East. The bank now expects Brent crude oil (London benchmark) to reach $90 per barrel and WTI crude oil (U.S. benchmark) to reach $83 per barrel, up from
GateNews3h ago
Powell’s final dance? Middle East conflict pushes inflation higher; the Fed is expected to hold steady this week
This week, central banks around the world announced their interest-rate decisions, and the market expects the Federal Reserve to keep rates unchanged. The conflict in the Middle East has escalated; shipping through the Strait of Hormuz has been disrupted, pushing up energy and raw material prices and increasing global inflation pressure. As a result, central banks are taking a cautious wait-and-see approach. The estimated U.S. GDP is 2.2% annualized, and PCE has risen, indicating that economic resilience and inflation are coexisting. The market generally believes that the Fed will maintain interest rates. Powell may be hosting for the last time during his tenure, and the Warsh appointment path is also affected by the DOJ incident.
ChainNewsAbmedia4h ago
Iran Proposes Priority Agreement on Strait of Hormuz, Delays Nuclear Talks with U.S.
Gate News message, April 27 — Iran has proposed a new initiative to the United States prioritizing an agreement on reopening the Strait of Hormuz and lifting maritime blockades, while postponing nuclear negotiations to a later stage, according to AXIOS citing a U.S. official and two informed sources
GateNews5h ago
CFTC Faces Enforcement Crisis as 24% Staff Cuts Hit Insider Trading Oversight in Crypto and Prediction Markets
Gate News message, April 26 — The U.S. Commodity Futures Trading Commission (CFTC) has cut 24% of its workforce since Donald Trump returned to office, leaving the agency at its lowest staffing level in 15 years amid growing insider-trading risks across crypto, oil futures, and prediction markets. Th
GateNews6h ago
