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Iraq
Wednesday, September 2, 2026

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Iraq-Saudi Trade Reaches $1.7 Billion as Economic Ties Expand

Iraq Saudi trade continued to grow in 2025, with total trade exchange reaching approximately $1.7 billion. The latest figures highlight stronger economic cooperation between the two...

Kerosene Shortage Deepens Across Baghdad as Fuel Demand Outpaces Supply

The Baghdad kerosene shortage has become more visible as long lines continue to form outside fuel stations across the Iraqi capital. Drivers now wait...

Gold Price Outlook: Markets Await Fed Decision as Dollar Stays Strong

The Gold price outlook remained uncertain on Tuesday as investors turned their attention to the U.S. Federal Reserve’s upcoming policy announcement. Gold prices moved...

Iraq Budget Revenue Shift Signals Stronger Role for Non-Oil Income

Iraq’s public finances showed a notable Iraq budget revenue shift during the first five months of 2026, according to newly released figures from the...

USD/IQD Exchange Rates Climb in Baghdad and Erbil as Dollar Gains Strength

Iraq’s USD/IQD exchange rates moved higher on Monday morning as the US dollar gained value against the Iraqi dinar in both Baghdad and Erbil....

General Electric Deal to Strengthen Iraq’s Power Grid by 2027

Iraq electricity grid is set for a major upgrade after a new agreement with General Electric aims to secure an additional 10,000 megawatts of electricity by 2027....

Oil market eases as US-Iran tensions cool, sending crude prices lower

The Oil market eases as investors respond to signs that the United States and Iran may step back from further military confrontation. Fresh diplomatic...

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