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Iraq
Sunday, March 1, 2026

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Iraq Cancels Lukoil Oil Shipments Over Sanctions Concerns

Iraq has canceled three crude oil cargoes belonging to Russia’s Lukoil amid rising concerns about Western sanctions. The move underscores growing caution within Baghdad’s...

Al-Sadeq Partners with Qi Card to Boost Iraq Car Financing

Al-Sadeq Group for Automotive (ASGA), Iraq’s official dealer for Suzuki, Faw Motor, Bestune, and JMC Motors, has partnered with Qi Card to expand financial...

Hyundai E&C Completes Basra Refinery Upgrade Project in Iraq

South Korea’s Hyundai Engineering & Construction (Hyundai E&C) has completed major construction work and started commissioning at Iraq’s Basra Refinery Upgrade Project. The company confirmed...

Iraq Achieves Fuel Self-Sufficiency, Ends Imports to Boost Exports

Iraq has officially halted all fuel imports after achieving full production self-reliance in gasoline, diesel, and kerosene. This marks a historic milestone in Iraq fuel...

KBR Wins Consulting Deal with Hilal Al Basra for Iraq Energy Projects

KBR, a global engineering and technology firm, announced a new consulting agreement with Iraq’s Hilal Al Basra during the ADIPEC 2025 energy conference in...

VAN Cement Plant Launches Operations as Iraq’s Largest Facility

Iraq inaugurated the VAN Cement Plant, launching what the company calls the country’s largest cement production line. Facility marks a major milestone for Iraq’s...

Gold Prices Drop in Baghdad, Stabilize in Erbil Markets

Gold prices edged lower in Baghdad while remaining stable in Erbil markets, reflecting local demand patterns and broader regional trends. As gold prices in Baghdad’s...

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