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Iraq
Monday, June 1, 2026

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Middle East Oil Price Surge Hits $112 as Attacks Spread

Global markets react sharply as the Middle East oil price surges drives prices higher across major benchmarks. Tensions escalate quickly after Iran launches strikes on energy sites across...

Iraq Power Supply Losses 3000 MW after Iran’s Gas Halt

Baghdad faces a major crisis as the Iraq power supply loss hits the national grid after a sudden gas cutoff. Authorities confirm that supplies from Iran dropped sharply,...

Iraq Condemns South Pars Attack Raises Energy Fears

Baghdad – Iraq strongly criticized the recent strike on Iran’s South Pars gas field, calling it a dangerous escalation. The Iraq condemns South Pars...

Iraq Airspace Closure Extended 72 Hours as Regional Tensions Continue

Baghdad – Iraq has extended its nationwide flight suspension for another 72 hours as security concerns continue across the region. The Iraq airspace closure...

Iraq Mosul Dam Restarts: Hydroelectric Power Plant Boosts Energy Supply

Baghdad – Iraq’s largest hydroelectric power plant at Mosul Dam has resumed operations after nine months of closure. This restart aims to reduce power...

Iraq Rasheed Hotel Drone Attack: No Injuries Reported, Drone Attack Raises Security Concerns

Baghdad – A drone struck the upper section of the Rasheed Hotel in Baghdad’s Green Zone, but authorities reported no injuries. The drone attack...

Iraq USD/IQD Exchange Rates Rise: USD/IQD Edge Higher

Baghdad and Erbil – The U.S. dollar continued its upward movement against the Iraqi dinar this week. The USD/IQD exchange rates edge higher, reflecting...

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