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Iraq
Tuesday, July 21, 2026

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Iraq Keeps Credit Rating as Economic Pressures Mount

Iraq received a fresh assessment from S&P Global, which decided to maintain the country’s sovereign credit ratings at B-/B. The decision highlights ongoing economic...

Iraq Faces Economic Headwinds as Growth Outlook Weakens Through 2027

The Iraq economic outlook has come under renewed scrutiny after new forecasts pointed to several challenging years ahead. Recent projections suggest the country may...

Dollar Exchange Rate Rises in Baghdad and Erbil as Trading Opens Higher

The dollar exchange rate in Iraq moved upward on Thursday morning, with markets in Baghdad and Erbil reporting higher prices compared to the previous trading session....

Basrah Crude Prices Tumble Despite Global Oil Market Gains

Basrah crude prices moved sharply lower on Thursday, surprising market watchers as major international oil benchmarks continued to climb. The decline came during a...

Iraq’s Top Leaders Push Cabinet Completion and Stronger State Authority

Iraq’s highest political and judicial leaders have renewed calls for state control of weapons, faster government reforms, and the completion of the federal cabinet during...

Strait of Hormuz Closure Sends Oil Prices Higher as Iran-U.S. Tensions Escalate

The Strait of Hormuz closure pushed global oil prices higher on Thursday as tensions between Iran and the United States intensified. Energy traders reacted quickly to...

Iraq Stock Exchange Activity Tops $119 Million in May Trading

Iraq Stock Exchange activity remained strong during May, despite a slight decline in the market’s main index. New data from the exchange showed solid...

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