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Basrah Crude Prices Surge as Global Oil Markets Extend Gains

Basrah crude prices moved sharply higher on Wednesday as international energy markets continued to react to rising geopolitical tensions in the Middle East. Strong...
Economy

Iraq Moves to Build Funding Plan for $17B Development Road

Iraqi Prime Minister Ali al-Zaidi has ordered the creation of a formal structure to fund and deliver the Development Road. The Iraq Development Road...
Energy

Iraq Puts US Energy Agreements at $200 Billion

Iraq says recent agreements with American energy companies could total about $200 billion. The Iraq US energy investment deals emerged during Prime Minister Ali...
Economy

Basra Prepares to Open New Marina on Shatt al-Arab

Iraq is preparing to open a new marina on the Shatt al-Arab waterway in Basra. The Shatt al-Arab marina project is nearing completion, according...
Economy

Washington Reportedly Backs Iraq’s Bid to Mediate US-Iran Tensions

Washington has reportedly backed an Iraqi plan to open mediation between the United States and Iran. The Iraq US Iran mediation effort follows a...
Trade

Iraq Stock Exchange Trading Gains Momentum in First Half of 2026

The Iraq Stock Exchange trading activity delivered strong results during the first six months of 2026, reflecting growing investor participation and steady market performance....
Energy

US Strategic Oil Reserve Hits Lowest Level Since 1983

The US strategic oil reserve has fallen to its lowest level in more than four decades after another sharp weekly decline. Fresh data from...
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