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Saturday, July 18, 2026

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Iraq Oil Revenues Fall to $1.08 Billion During Hormuz Crisis

Baghdad – Iraq oil revenues suffered a dramatic decline in April after regional tensions and maritime disruptions severely affected the country’s crude exports. Official...

Oil Prices Jump Above $111 After UAE Nuclear Plant Attack

Global oil markets opened the week with strong gains. Rising tensions in the Middle East fueled fears over energy supply disruptions. Traders reacted after...

Iraq Remains Among World’s Cheapest Countries for Electricity

Baghdad – Iraq cheapest electricity ranking placed the country eighth globally in 2026, according to newly released data from the World Population Review. Although...

Iraq’s Foreign Currency Reserves Drop as Oil Revenues Weaken

Baghdad – Iraq foreign currency reserves recorded a noticeable decline as falling oil revenues continued to pressure the country’s financial position. New figures released...

IMF Keeps Iraq Financial Aid Talks Under Review Amid Regional Crisis

Baghdad – IMF financial assistance discussions have drawn growing attention after reports claimed Iraq requested economic support during rising regional tensions. The International Monetary...

Baghdad and Erbil Strengthen Cooperation to Expand Iraq’s Tourism Industry

Baghdad and Erbil are increasing cooperation to support tourism development across Iraq and the Kurdistan Region. Officials from both governments have launched joint efforts...

Iraq’s Foreign Currency Reserves Drop by $1.8 Billion in One Week

Iraq’s foreign currency reserves recorded a sharp decline during the final week of April, according to new data released by the Central Bank of...

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