Oil prices oscillate with Trump’s 48-hour ultimatum to Iran
Oil prices kept going up and down on Monday as people tried to make sense of the situation.On one hand, there are growing threats...
Iraq tensions ease Monday as Iran-backed militia extends halt
In Baghdad, an Iran-backed armed group said on Monday that it will keep its pause on attacking the US embassy for another five days.Since...
Dollar trading halts in Baghdad, resumes in Erbil after holiday
Dollar trading halted in Baghdad on Monday as the main markets remained closed for the Eid al-Fitr holiday, while trading resumed in Erbil in...
Iraqi Electricity Ministry announces resumption of Iranian gas flow: Production stabilizes...
The Iraqi Ministry of Electricity announced the resumption of Iranian gas supplies to Iraq, confirming electricity production remains stable at 14,000 megawatts.Spokesman Ahmed Musa...
Dollar exchange rate against the Iraqi dinar remained stable during the...
The US dollar exchange rate in Baghdad stayed mostly unchanged on Sunday, as official trading was paused for the Eid al-Fitr holiday.Even with the...
Al-Shammari: Oil exports have completely stopped and the government has failed...
MP Mahmoud al-Shammari warned that Iraq could be heading toward a serious economic crisis as oil exports have come to a complete stop.He said...
Italy makes “Significant Contribution” to Refugees in Iraq
Italy is increasing its support for refugees in Iraq with a new contribution.The funding, provided through the Italian Agency for Development Cooperation, will help...
Abdul Hadi: There are no Kurdish indications of a decision regarding...
Coordination Framework member Uday Abdul Hadi says there’s still no progress on choosing a new president.He explained that Kurdish parties haven’t shown any positive...
Al-Saadi: The development path will secure at least half a million...
Former MP Baqir al-Saadi says the Development Road project could create at least 500,000 jobs as it moves forward.He explained that the project hasn’t...
USD/IQD trading halts in Baghdad and Erbil for Eid al-Fitr
The US dollar didn’t have an official rate in Iraq on Saturday because markets were closed for Eid al-Fitr.Even though trading stopped, some exchange...
The war on Iran is causing a global airline stock market...
Airline stocks are taking a big hit right now.Around the world, airline companies have lost about $53 billion in market value as investors rush...
The US administration is withdrawing the first batch from its strategic...
The United States has started releasing oil from its Strategic Petroleum Reserve (SPR) to ease rising energy prices.Here’s what’s happening:The U.S. Department of Energy...
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...