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...
The International Energy Agency recommends working from home to ease pressure...
Iraq is moving ahead with a new project to build facilities for justice-related departments in Mosul, on the west bank of the Tigris River.The...
Iraq issues Media Restrictions on Security Incidents
The Ministry of Interior has put out new rules about sharing information during security incidents.The message is clear: don’t post or spread sensitive details.Officials...
Oil prices fell amid international moves to ensure supply security and...
Oil prices pulled back slightly on Friday, but the bigger picture is still tense.Here’s what’s going on in simple terms:Prices dropped a bit because...
The dollar fell weekly as interest rate expectations shifted due to...
The US dollar pulled back this week after hitting its highest levels in months, as investors started rethinking where interest rates are heading. Rising...
Iran: The withdrawal of the aircraft carrier “Gerald R. Ford” reflects...
The Islamic Revolutionary Guard Corps said Friday that the withdrawal of the USS Gerald R. Ford shows weakness in U.S. power.In a statement, the...
Iranian Gas Supplies to Iraq Halted, 3,100 MW Lost
Iraq’s electricity system just took a big hit. The Ministry of Electricity announced that Iran has completely stopped sending gas to Iraq, cutting about...
Genel Energy issues Full-Year Results
Genel Energy 2025 Results and OutlookGenel Energy has released its audited results for 2025, showing a company that’s stabilizing and preparing for growth, despite...
Iraq Signs Contracts to Export Oil via Syria, Jordan, Turkey
Iraq’s Ministry of Oil is moving to get its oil and fuel moving again—this time through multiple routes: Turkey, Jordan, and Syria.Deputy Minister Bassem...
Kirkuk Oil Exports Resume via Ceyhan Port
Iraq has started pumping oil again from Kirkuk to Türkiye’s Ceyhan port, and that’s a big deal.The Ministry of Oil says exports are back,...
Iraqi News
Gold prices fall amid inflation fears
Global gold prices moved lower on Wednesday as rising oil prices and renewed tensions in the Middle East increased concerns about inflation and the...
The Turkish central bank loses $8.4 billion from its reserves.
Turkey's central bank reserves recorded a sharp decline as political tensions increased following the removal of opposition leader Özgür Özel from his position.According to...
Oil nears $100 a barrel
Global oil prices continued to climb for a third straight day on Wednesday as growing military tensions in the Gulf increased concerns about the...
An economist explains the reasons for the shortage of “gasoline” at gas stations.
Economic expert Safwan Qusay says the recent gasoline shortages at some fuel stations are mainly the result of distribution challenges and delays in imported...
State of law: The vote on the vacant ministerial posts may be decided at...
The State of Law Coalition says political forces within the Coordination Framework are preparing to hold an extraordinary meeting soon to settle the remaining...