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Iraq
Sunday, March 1, 2026

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Oil Prices Edge Higher Despite Economic Concerns

Oil prices managed to recover slightly on Tuesday after earlier losses, as markets weighed concerns over a potential U.S. recession, the impact of tariffs...

Iran Calls US Decision to End Iraq’s Electricity Waiver “Illegal”

Iran's foreign ministry condemned the United States’ recent decision to end a sanctions waiver that allowed Iraq to buy electricity from Iran, calling it...

Iraq Shifts to GCC Gas Supplies Amid Tighter US Sanctions on Iran

Iraq is making significant changes to its energy supply strategy as it transitions from relying on Iranian gas to sourcing gas from the Gulf...

Gold Prices Hold Steady in Baghdad and Erbil

On Monday, gold prices remained stable across Baghdad and Erbil, with little change in the local markets. In Baghdad, the wholesale market on Al-Nahr Street...

Iraq Signs Development Contract for Four Kirkuk Fields with BP

On Monday, the Ministry of Oil announced the signing of a significant contract with BP for the development of the four Kirkuk oil fields....

Iraqi Airways Recovers 20 Billion Dinars Thanks to Federal Integrity Commission Efforts

The Federal Commission of Integrity (FCoI) announced on Monday that it successfully facilitated the return of 20 billion dinars to Iraqi Airways Company. The...

US Urges Iraq to Settle Arrears Owed to American Oil Companies in Kurdistan Region

The United States has called on Iraq to address outstanding financial obligations to American oil companies operating in the Kurdistan Region. During a phone...

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