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Iraq
Saturday, May 30, 2026

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Gold Prices Record Sharpest Daily Decline Since March

Global gold markets moved lower on Tuesday as investors reacted to easing geopolitical tensions and shifting inflation expectations. Although prices remained above recent lows,...

Iraq Records Trade Surplus Above $24 Billion in 2025

Baghdad – Iraq trade surplus reached nearly $24.7 billion in 2025 after exports continued to outperform imports throughout the year. New figures released by...

Iraq Targets Gas Self-Sufficiency by 2030 Amid Energy Challenges

Baghdad – Iraq gas self-sufficiency plans are gaining attention after officials announced new efforts to boost domestic energy production and cut reliance on imports....

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...

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