The oil and gas law: Iraq’s wealth held hostage by political disputes
Iraq’s long-delayed oil and gas law remains unresolved after years of political and technical disagreements in parliament. The law is important because it would…
Iraqi News & Economy Updates – Page 13
Latest Iraqi News posts
Gold rises as the dollar and oil prices weaken, and markets await developments in the Middle East.
Gold prices edged higher on Friday as lower oil prices and a weaker U.S. dollar provided support, while investors continued to monitor developments in…
Oil prices fell for the third consecutive session amid easing concerns about Saudi supplies.
Oil prices continued to decline on Friday, marking their third straight session of losses, as worries about disruptions to Saudi oil supplies eased even…
Iraq and Uzbekistan Discuss Road Transport Agreement
Iraq and Uzbekistan have taken another step toward strengthening trade and transportation ties by holding a virtual meeting to discuss a new agreement covering…
Is Iraq Ready To Revalue the Dinar?
Is Iraq Ready To Revalue the Dinar? The Dinar Den: 9-16-2026 Stephen, an entrepreneur and seasoned investor in the Iraqi currency, provides a detailed…
Iraq “Considers New Banknote Series”
Iraq is studying the possibility of replacing its current banknotes with a completely new currency series as part of efforts to remove counterfeit, damaged,…
EBRD and EU Boost Trade Finance in Iraq
The European Bank for Reconstruction and Development (EBRD) has approved a $25 million trade finance facility for Bank of Baghdad, one of Iraq’s leading…
Gold rises more than 1% as investors digest the Fed’s decision
Gold prices moved higher by more than 1% on Thursday as investors reacted to the U.S. Federal Reserve’s latest interest rate decision and its…
Basra crude oil prices fell by more than 7% amid declining oil prices.
The prices of Basra Heavy and Basra Medium crude oil dropped sharply on Thursday, following a decline in global oil markets. Basra Heavy crude…
USD/IQD exchange rates surge in Baghdad, Erbil
The US dollar rose against the Iraqi dinar on Thursday morning in both Baghdad and Erbil, with the exchange rate approaching 159,000 dinars per…
New Siemens Energy Cooperation Deal for Iraq
Iraq’s Ministry of Electricity and Siemens have signed a new Principles of Cooperation Agreement, marking the fourth phase of energy cooperation between the two…
Iraqi PM Adviser “Denies US Plans to Halt Dollar Shipments”
Iraqi Prime Minister’s economic adviser, Mazhar Mohammed Saleh, has denied reports claiming that the United States plans to stop dollar shipments to Iraq if…
Following price increases and cooperation with Iran, Iraqi oil exports continue to flow to global markets.
Iraq’s oil exports continue to flow to international markets, reaching around 3 million barrels per day through its various sea and land export routes.…
Gold holds steady ahead of Fed decision
Gold prices were mostly unchanged on Tuesday after falling to their lowest level in more than a month during the previous trading session. Investors…
Parliamentary Finance Committee: Threat of sanctions is political blackmail and a blatant violation of Iraq’s sovereignty
Former member of the Parliamentary Finance Committee, Mueen Al-Kadhemi, said that recent American threats of possible economic sanctions against Iraq amount to political pressure…
Rothschild Bank President Meets Iraqi PM in Paris
Iraqi Prime Minister Ali al-Zaidi met with Édouard de Rothschild, President of Rothschild & Co, in Paris on Monday to discuss ways to strengthen…
Iraq pauses Jordan power link in Al-Rutba
Al-Rutba district in western Anbar Province has been reconnected to Iraq’s national electricity grid through Al-Qaim, while electricity imports from Jordan have been temporarily…
Iraq’s water reserves are declining… Al-Jubouri warns of the risk of drought and calls for a comprehensive strategy
Former Parliamentary Agriculture and Water Committee member Thaer al-Jubouri said Iraq's water reserves have now exceeded 31 billion cubic meters, providing some relief compared…
Al-Hasnawi: We are proceeding with the legislation of the Popular Mobilization Forces Law despite attempts to include it in bargaining.
MP Mohammed al-Hassnawi of the Rights Movement confirmed that his movement remains committed to passing the Popular Mobilization Forces (PMF) law in parliament, despite…
Supply disruption fears drive oil prices higher
Oil prices rose by more than 1.5% on Tuesday as concerns grew over possible supply disruptions caused by increasing tensions in the Middle East.…
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