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Tuesday, July 21, 2026

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Iraq Foreign Reserves Extend Decline as Holdings Drop by $1.1 Billion in One Week

Iraq foreign reserves recorded another decline during the final week of May, according to new figures released by the country's central bank. The latest...

Kirkuk-Ceyhan Pipeline Agreement Faces Uncertain Future as Deadline Nears

The Kirkuk-Ceyhan pipeline agreement has entered a critical stage as Iraq and Turkiye continue talks over the future of oil exports between the two countries. With...

US Dollar Climbs in Iraq as Market Pressure Builds Across Baghdad and Erbil

USD/IQD exchange rate in Iraq opened higher on Wednesday trading sessions. The rise reflected stronger demand for the US dollar across local markets. Traders...

Basrah Crude Prices Slide Sharply as Market Pressure Intensifies

Basrah crude prices recorded a steep decline on Wednesday as global oil markets faced renewed selling pressure. The latest drop placed Iraq's main export...

Baghdad Airport Project Scrapped as World Bank Arm Reaffirms Iraq Commitment

The future of the Baghdad airport modernization project remains uncertain after Iraqi authorities canceled a major airport contract worth $764 million. Despite the setback, the International...

Iraq Seeks One-Year Pipeline Extension as Energy Negotiations Continue with Türkiye

The Iraq-Türkiye oil pipeline talks have entered a critical stage as Baghdad seeks more time to reach a long-term agreement with Ankara. Iraqi officials have formally...

Iraqi Crude Exports Resume as Basra Ports Load Four Million Barrels

Iraqi crude exports resume with renewed activity at the country's southern oil terminals. Two large tankers are currently receiving a combined four million barrels of...

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