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Iraq
Wednesday, July 22, 2026

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Gold Prices Edge Higher Across Baghdad and Erbil as Market Momentum Builds

Gold prices in Iraq rose again on Tuesday, reflecting a mild but steady increase across major Iraqi cities. Traders in both Baghdad and Erbil reported stronger demand during...

Baghdad, Washington Deepen Energy and Security Cooperation After High-Level Talks

The Iraq–U.S. strategic partnership gained fresh momentum after talks in Baghdad between Prime Minister Ali Al-Zaidi and U.S. Special Presidential Envoy Tom Barrack. Both...

Iraq Petroleum Exports Decline as Q1 Shipments Slip in 2026

Iraq petroleum exports decline as shipments ease in the first quarter of 2026, according to SOMO data.Iraq exported 2.35 million tonnes of petroleum products...

Iraq Dollar Exchange Rate Opens Mixed as Market Watches Currency Moves

The Iraq dollar exchange rate showed mixed movement at the start of trading on Tuesday, reflecting ongoing shifts in local currency markets. Traders across Iraq monitored...

Basrah Crude Decline Leads Global Oil Market Losses Amid Iran Deal Optimism

The Basrah crude decline intensified on Tuesday as growing optimism over a potential agreement between the United States and Iran weighed heavily on energy markets. Traders...

Iraq Oil Revenue Dependence Remains Strong Despite Rising Budget Pressure

Iraq oil revenue dependence continued to shape the country's financial performance during the first four months of 2026. Newly released government accounts showed that...

Oil Market Watches Strait of Hormuz Reopening as Prices Slip

Oil prices continued to move lower on Tuesday as traders assessed the chances of a Strait of Hormuz reopening and examined the early stages of a...

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