Oil price surge warning Iraq has issued a strong alert that crude prices could skyrocket if Israel-Iran tensions escalate. Foreign Minister Fuad Hussein warned that...
The Iraqi dinar exchange rate showed a slight improvement against the US dollar in key markets on Monday. Currency traders in Baghdad and Erbil reported a...
China Petroleum Engineering Corporation has taken a major step in Iraq’s energy sector. Its subsidiary, China Petroleum Pipeline Engineering, received a letter of award...
Iraq has approved a major step to strengthen its oil sector by expanding storage infrastructure at the Majnoon Oil Field. The government authorized the...
Iraq has launched new steps to support its industrial sector by focusing on local production of motor oils. The government approved recommendations to improve...
Oil prices continued to shift sharply due to escalating tensions between Iran and Israel. The global market felt the pressure after renewed strikes heightened...