Reuters Iraqi state oil firm SOMO has blacklisted three tankers involved in shipping crude from Kurdistan, stepping up pressure on the semi-autonomous region amid tense talks on sharing oil revenue. Kurdistan has been exporting crude independently via Turkey since mid-2015 after saying Baghdad had failed to respect an oil revenue-sharing deal and transfer enough money to Erbil. Baghdad, which …

  Bloomberg Saudi Arabia’s National Industrialization Co., known as Tasnee, agreed terms with lenders to refinance around 6 billion riyals ($1.6 billion) of debt at its titanium unit after a slump in commodity prices, according to people with knowledge of the matter. The new debt will have a duration of three years — with the option to extend to five …

  Bloomberg Dealmaking in Australia’s office market has plunged by the most since the global financial crisis as owners hang on to assets that are among the highest-yielding in the region. Commercial property transactions in Australia fell 57 percent to $7.5 billion in the six months ended June 30 from a year earlier, according to Real Capital Analytics, Inc. That’s …