Oil hovers around $100, stocks mixed as Iran war rages
Oil prices stayed around $100 a barrel on Monday as the conflict between Iran and the U.S. moved into its third week, keeping global...
Iraq leads Arab countries in barley production for the 2024–2025 season
Iraq has taken the top spot among Arab countries in barley production for the 2024–2025 season, according to new data from the U.S. Department...
OPEC+ mulls oil production increase in shadow of war
Energy markets are watching closely as major oil producers prepare for a key decision that could influence global prices. Analysts expect leading members of...
Striking Boeing defense workers to vote on latest contract
New York – More than 3,000 striking Boeing defense workers are set to vote Thursday on a revised contract proposal that moves closer to...
Three charged with sneaking Nvidia AI chips from US into China
US prosecutors have unsealed an indictment revealing a $2.5 billion AI chip smuggling scheme involving employees of Super Micro Computer, targeting Nvidia GPUs destined...
Sony faces $2.7 bn class action from UK PlayStation users
Sony Corporation is set to face a £2 billion ($2.7 billion) class-action lawsuit in London starting Tuesday, accused of breaching competition law by overcharging...
Weakened WTO set for high-level meet under cloud of Mideast war
The World Trade Organization (WTO) is convening its next ministerial conference in Yaounde, Cameroon, from March 26–29, amid mounting global trade tensions, US tariffs,...
Turkey, UK sign $11bn Eurofighter deal as Starmer visits
Ankara, Oct. 28, 2025 — British Prime Minister Keir Starmer announced that the U.K. has signed a landmark agreement to sell Eurofighter Typhoon jets...
Japan PM asks IEA chief to prepare additional ‘coordinated release’ of...
Fatih Birol said Wednesday in Tokyo that the International Energy Agency is ready to release more oil from its reserves if the situation requires...
Chinese consumers scout lower prices, secondhand goods as spending sputters
In Shanghai, shoppers are increasingly turning to secondhand goods as stagnating wages, youth unemployment, and a prolonged property crisis reshape consumer behavior. Items that...
Brazil’s Petrobras sees profit soar on record output
Petrobras said its profits nearly tripled last year, hitting $19.6 billion, up from $7.5 billion in 2024, thanks to record oil and gas production....
Global economy under ‘major threat’ from Strait of Hormuz crisis: IEA...
In Sydney, Fatih Birol, the head of the International Energy Agency, warned that the global economy is in serious trouble because of the energy...
Iraqi News
Investment Call for Mosul Airport Management
Iraq has invited international companies specializing in airport management and operations to invest in and develop Mosul International Airport.
Prime Minister Ali al-Zaidi made the...
Iraq Customs Revenue up 32% Year-on-Year
Iraq’s General Customs Authority collected IQD 442.3 billion ($293 million) in customs revenues in September 2026, up from IQD 334.2 billion ($221 million) in...
The popular movement warns of the danger of using the exchange rate option to...
Hussein al-Karawi, head of the organizing committee for the popular movement supporting the Belt and Road Initiative, has warned against using the dollar exchange...
Oil prices declined globally; Brent crude fell to $106 and West Texas Intermediate (WTI)...
Global oil prices fell on Tuesday after rising in the previous session, as traders weighed the possibility of Russian diesel supplies returning to the...
Tut: Parliamentary agreements to guarantee the rights of segments in the 2027 budget
MP Yasser Iskandar Watout predicted on Tuesday that Iraq’s 2027 budget bill would reach Parliament by mid-October, after the Cabinet completes the required procedures.
Watout...