Oil prices rise with expectations of withdrawal from inventory
Despite a surprise rise in US inventories driven by geopolitical risks arising from the Middle East conflict and expectations of an eventual drawdown of...
High demand for gasoline in global markets
The decline in oil and fuel stocks coincided with an increase in gasoline demand as the United States, the world's largest oil consumer, entered...
A politician comments on the state of silence in the face...
Qasim Al-Tamimi, a political analyst, stated on Wednesday that the candidate's threats against the American embassy in Baghdad and the government's silence regarding the...
Iraq among largest gas flaring countries in 2023
Iraq was found to be one of the largest gas-flaring nations in a recent World Bank analysis.
Iraq, Russia, Iran, the United States, Venezuela, Algeria,...
A leader in the framework: America blackmailed Iraq with dollars within...
Uday Ibrahim, the framework's leader, confirmed on Tuesday that the United States had used the dollar to extort money from Iraq five times in...
Oil prices recorded a slight increase amid global concerns
Before the contract expires later this week, rent crude futures for August delivery increased by seven cents, or 0.08 percent, to $86.06 per barrel...
World Bank Cuts Iraq Growth Forecast
Genuine Gross domestic product is supposed to fall by 0.3 percent this year, as per the World Bank's most recent Worldwide Financial Possibilities report.
Compared...
A representative points out 7 controversial points that stand before the...
Individual from the Parliamentary Oil and Gas Board, Agent Ali Al-Mashkoor, affirmed on Tuesday that seven disputed matters between the locale and the middle...
Iraq’s US dollar exchange rate marginally rises
The US dollar conversion scale against the Iraqi dinar somewhat expanded in Baghdad and the capital of the Kurdistan district of Iraq, Erbil, on...
The Central Bank publishes the mechanism for imposing fines on private...
The means by which private banks and money changers can be fined were made public by the Iraqi Central Bank.
"We would like to inform...
Oil Firms in Iraqi Kurdistan would Sell Crude via Baghdad
According to a statement made by an industry group that represents international oil companies (IOCs) in Iraqi Kurdistan, its members would be willing to...
Parliamentary energy issues recommendations regarding the electricity crisis
On Monday, the Parliamentary Energy and Electricity Committee made a recommendation to fire general managers and branch managers who were found to have been...
Iraqi News
Iraq withdraws Hezbollah, Houthis terror designation
Iraq’s caretaker government announced on Thursday that it is withdrawing its recent decision that listed Lebanon’s Hezbollah and Yemen’s Houthis (Ansarallah) as terrorist groups,...
Economic expert: The 2026 budget is threatened with non-approval and will be limited to...
Economic expert Dirgham al-Haidari warned on Thursday that the 2026 budget could run into major problems that may stop it from being approved at...
Baghdad, Tehran in talks over water crisis
Iraq’s Water Resources Minister, Aoun Diyab Abdullah, met with Iran’s Energy Minister, Abbas Ali Abadi, in Tehran on Wednesday to talk about the growing...
Electricity company explains reasons for decline in production and supply hours
The Ministry of Electricity announced on Thursday that Iraq’s power production has dropped sharply to 15,000–18,000 megawatts, down from the usual 20,000 megawatts. This...
Oil edges up as Ukraine strikes rattle Russian supply
Oil prices inched higher on Thursday after Ukraine launched new attacks on Russia’s oil infrastructure, raising concerns about possible supply problems. At the same...