An economic expert says Iraq has the lowest oil storage capacity...
Economic expert Nabil Al-Marsoumi said on Tuesday that Iraq has the smallest oil storage capacity among the Gulf countries. According to him, the country...
Oil extends gains as US and China reopen channels
Oil expenses rose on Tuesday as early symptoms of a thaw in U.S.-China alternate tensions bolstered marketplace sentiment, alleviating worries over international fuel demand.U.S....
Karkouchi: Prolonging the presidential election process opens the door to foreign...
Imran al-Karkoushi, a member of the State of Law Coalition, warned that delays in deciding Iraq’s top leadership positions could invite more foreign interference...
CAAP Wins Bid to Rehabilitate and Operate Baghdad Int’l Airport
The Iraqi Cabinet has approved a landmark project to rehabilitate, develop, and operate Baghdad International Airport through a long-term partnership with a global private-sector...
IIBC Meets SACE to Boost Investment in Iraq
A delegation from the Iraq Italy Business Council (IIBC) met with Mr. Luca Passariello, Head of SACE Connects, at SACE’s headquarters in Rome to...
Basra crude records about 3% weekly gains.
Basra medium and heavy crude closed with weekly gains as international oil costs rose.Basra Heavy crude closed its very last consultation on Friday down...
The Barzani government grants salaries to 10 Kurds in Syria.
Saman Ali, a leader in the National Position Movement, has alleged that the Kurdistan Regional Government (KRG), led by Masoud Barzani, is redirecting large...
The Ministry of Labor reassures: Financial liquidity is available and social...
The Ministry of Labor and Social Affairs will start distributing social protection salaries for November tomorrow, Monday.Spokesman Hassan Al-Khawam said that over 2 million...
Local anger rises in Al-Anbar over Akkas gas field hiring dispute
Residents in the al-Qaim district of western Al-Anbar are upset after leaked papers revealed that the Akkas gas field hired engineers and workers from...
Minister Sami advances Iraq’s Vision 2050 at World Bank meeting
Baghdad / Washington, D.C. — October 18, 2025Iraq’s Minister of Finance, Taif Sami Mohammed, and the Deputy Governor of the Central Bank of Iraq...
International Energy Agency retracts its forecast for the future of oil
The International Energy Agency (IEA) has sharply revised its long-term outlook for global oil consumption, projecting continued growth in demand until at least the...
Oil prices stabilize after peace talks in Ukraine
Oil prices held steady on Wednesday after dropping to their lowest level in a month the day before. The market is calming a bit...
Iraqi News
Kurdish opposition figure: The region’s finance ministry stole 5 trillion dinars allocated for job...
Independent Kurdish politician Saman Ali has made serious allegations against the Kurdistan Regional Government’s finance ministry, claiming more than 5 trillion dinars meant for...
Iraqi oil prices fall by 2%… Basra crude records $112
Iraqi oil prices moved lower on Wednesday, falling more than 2% as global energy markets weakened.Basra Heavy crude dropped $1.13 to $112.50 per barrel,...
Al-Kadhimi: Halting dollar shipments is American blackmail that infringes on Iraq’s sovereignty.
Former parliamentary finance committee member Mu'in al-Kadhimi criticized reports that the US halted dollar shipments to Iraq, calling the move “political blackmail” and interference...
1.6m bpd Kirkuk Export Pipeline Set for Relaunch
Iraq’s Ministry of Oil says exports through the Kirkuk-Fishkhabour-Turkey pipeline could resume soon, starting with limited volumes.The pipeline has a capacity of 1.6 million...
DNO issues Update on Production
Norwegian energy company DNO has given an update on its operations in Iraq’s Kurdistan region, saying it is preparing to ramp production back up...