Explosion Reported on Tanker at Khor Al-Zubair Anchorage
Angola’s state oil company, Sonangol, has reported an incident involving one of its oil tankers, the Sonangol Namibe, while it was anchored at Khor…
Iraqi News & Economy Updates – Page 62
Latest Iraqi News posts
Iraq prepares for summer: 500 megawatts from the Gulf to enter the country next month
The Ministry of Electricity Iraq announced on Friday significant progress in regional electricity interconnection projects aimed at strengthening the country’s power supply ahead of…
Oil prices fall amid the possibility of US intervention in the market.
Oil prices declined Friday for the first time in six sessions as markets reacted to possible intervention by the United States Department of Energy…
Iran announces the establishment of a “new equation” in the region thanks to its defenses and military operations.
Ali Akbar Ahmadian, the representative of the Supreme Leader in Iran’s Defense Council, confirmed Friday that Iran has established what he described as a…
The Ministry of Labor launches the “Social Protection” allowance for March for more than two million families.
Iraq’s Ministry of Labor and Social Affairs announced the release of the March social assistance payment, benefiting approximately 2.7 million families in Baghdad and…
Trial Ops Begins at 1GW Basra Solar Project
Trial operations have begun on the first generating unit of the Shams Al-Basra Solar Power Project, the largest solar energy development in Iraq, with…
An ambush dismantles a network involved in promoting counterfeit currency east of Wasit.
Iraqi security forces have dismantled a counterfeit currency network in an ambush operation east of Wasit Governorate, according to a security source. The source…
Reduced Gas Supplies Leave 6-6.5GW Generation Gap
Iraq’s Ministry of Electricity has confirmed that imported gas from Iran is continuing at a reduced level of six million cubic metres per day…
Oil prices continue to rise as aggression against Iran escalates.
Global oil prices extended gains Thursday as tensions in the Middle East intensified. Brent crude was trading at $79.41 per barrel, up 1.6% from…
Baghdad to Host Arab Entrepreneurship Summit 2026
The Council of Ministers (Iraq) has approved hosting the Arab Entrepreneurship Summit 2026 in Baghdad in November 2026. The Cabinet also agreed to establish…
Hormuz Closure: Iraq Oil Production Down, but Refineries Operating
The Iraqi Cabinet has authorized the Ministry of Oil (Iraq) to exercise broad powers to manage a potential crisis in crude oil and petroleum…
The judiciary reveals new statistics on the general amnesty and the number of those released.
The Supreme Judicial Council announced new statistics on Wednesday regarding the implementation of the amended Amnesty Law No. 27 of 2016 for the month…
The Chinese yuan falls to its lowest level in a month under pressure from international disputes.
The Chinese yuan weakened on Wednesday, trading near its lowest level in a month against the U.S. dollar amid heightened geopolitical tensions and broad…
A leader within the coordination framework denies that Maliki has withdrawn his candidacy for the next prime ministership.
On Wednesday, Uday Abdul-Hadi, a member of the Coordination Framework, denied reports claiming that Nouri al-Maliki, leader of the State of Law Coalition, had…
Production Halted at Three Kurdistan Oil Fields
Gulf Keystone Petroleum (GKP) announced the temporary shut-in of production at the Shaikan oil field, citing the evolving regional security environment. The company said…
Quds Force: The enemies will not enjoy security even inside their homes
The Quds Force, the external operations arm of the Islamic Revolutionary Guard Corps, issued a sharply worded warning Monday evening, declaring that its enemies…
Revolutionary Guard: We targeted the aircraft carrier “Lincoln” with 4 cruise missiles
The Islamic Revolutionary Guard Corps (IRGC) said its naval forces launched four cruise missiles at the aircraft carrier USS Abraham Lincoln. In a statement,…
Indian energy companies announce reductions in gas supplies to domestic buyers.
International media reported on Tuesday that major energy companies in India have started cutting gas supplies to local buyers because of disruptions in global…
Al-Khazali: The chances of returning to Iranian-American negotiations are almost non-existent.
Political analyst Haitham al-Khazali said on Tuesday that talks between the United States and the Iran are very unlikely under the current situation. He…
The first phase of the Grand Faw Port will be inaugurated this year.
The Ministry of Transport says several major projects at Grand Faw Port are expected to be finished this year, marking the completion of the…
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