Iraq’s central bank foreign currency sales fell sharply in July, extending a broader decline seen across 2026. The Central Bank of Iraq sold $5.662 billion during...
Oil prices fell sharply on Wednesday as Strait of Hormuz talks revived hopes for safer shipping through the strategic waterway. Brent crude declined about 2%, while...
Washington is making a stronger play for Iraq’s oil industry as Baghdad pursues higher production. The U.S. oil push in Iraq comes as Russia faces mounting...
Iraqi crude prices fell sharply on Wednesday, following a broader decline across international oil markets. Basrah Heavy crude recorded the steepest Iraqi decline among the...
Iraq emerged as a major supplier in South Korea’s crude market during the first half of 2026. Iraq’s South Korea oil supply accounted for 7.4% of...
The Strait of Hormuz disruption has sharply reduced maritime traffic through one of the world's busiest energy corridors. Shipping movements have fallen by almost 90% compared...
Iraq’s advance customs payments will change how importers handle foreign purchases from October 1. The new system requires traders to cover estimated customs duties and tax...
