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...
Back to black: facing energy shock, Asia turns to coal
Asian countries are turning to coal to keep the lights on and energy prices under control after the Iran war disrupted oil and gas...
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...
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,...
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...
Mideast energy shock rattles eurozone rate-setters
The European Central Bank (ECB) is meeting Thursday amid the fallout from the Middle East war, which has sent oil and gas prices surging...
Stocks extend gains and oil dips as US, Israel, Iran continue...
Asian markets mostly rose Wednesday while oil prices dipped, following another tech-led rally on Wall Street. The gains come amid ongoing conflict in the...
Nvidia chief expects revenue of $1 trillion through 2027
San José – Nvidia CEO Jensen Huang said Monday that the company expects to bring in at least $1 trillion in revenue through next...
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...
China says vice premier to leave Saturday for US economic talks...
Beijing – China’s top economic official, Vice Premier He Lifeng, will travel to France on Saturday for talks with his U.S. counterpart, just weeks...
With Middle East in flames, Texan bunker maker sees business boom
Sulphur Springs – Since the war in the Middle East began nearly two weeks ago, the phone at Ron Hubbard’s bomb shelter company in...
Trump says will waive some oil sanctions as Iran war roils...
US President Donald Trump said on Monday that he plans to waive certain oil sanctions to increase supply and help lower prices, following market...
Iraqi News
Iraq forms committee to boost passport ranking
Iraq’s Foreign Ministry has set up a new high-level committee with one clear goal: improve the strength of the Iraqi passport.Right now, the passport...
Oil: We will resume exports from all fields within the next few days.
Iraq’s Ministry of Oil says it is preparing to restart oil exports from all fields within the next few days.In a new statement, the...
The dollar declined in the Baghdad and Erbil markets.
The US dollar dropped again against the Iraqi dinar on Saturday as markets opened for the first trading session of the week.In Baghdad, rates...
Banking Arrangements Expanded to Meet Currency Demand
Rasheed Bank is getting ready for the upcoming Hajj season by making it easier for pilgrims to buy US dollars.The bank has told its...
Calls to ban the sale of energy drinks to minors in Basra
Calls to restrict energy drinks—especially for minors—are not new, but the tone here suggests growing urgency as health concerns become harder to ignore.Wijdan al-Maliki’s...