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Iraq
Wednesday, September 2, 2026

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US Begins Phased Military Withdrawal from Kurdistan Region

The United States has started a gradual withdrawal of its military forces from the Kurdistan Region as part of a long-planned transition in security cooperation. The US...

Iraq Cuts Basrah Crude Prices to Boost August Oil Sales

Iraq has introduced new discounts on Basrah crude discounts for August shipments as the country works to attract more international buyers. The pricing strategy comes amid...

US Records Fifth Straight Week Without Iraqi Crude Imports

The United States has gone five consecutive weeks without importing crude oil from Iraq, according to newly released government data. The latest figures highlight...

OPEC Plans September Oil Output Increase Before Year-End Pause

OPEC is preparing a new production adjustment that could increase global oil supplies before the end of the year. The planned move would add...

USD/IQD Exchange Rates Hold in Baghdad, Edge Higher in Erbil

The USD/IQD exchange rates remained stable in Baghdad on Sunday while recording a slight increase in Erbil. Currency markets showed limited movement throughout the day, reflecting...

Iraq and Turkey Secure Oil Pipeline Agreement for Ceyhan Exports

Iraq and Turkey have reached a new agreement that strengthens Iraq oil exports and supports regional energy cooperation. The one-year arrangement will keep crude oil flowing...

Three Oil Tankers Arrive at Basra Port to Support Iraq’s Crude Exports

Iraq oil exports received another boost after three crude oil tankers arrived at Basra Oil Port to load shipments for international markets. The vessels have...

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