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Economy

Iraq’s Basrah Oil Prices Rise as Global Crude Falls

Basrah crude oil prices climbed on Tuesday, even as global oil markets saw significant losses. This divergence highlights shifting dynamics in regional demand and...
Economy

Oil Prices Drop as Iran-Israel Ceasefire Lifts Supply Fears

Oil prices plunged to their lowest levels in over a week after news of a ceasefire agreement between Iran and Israel. The announcement reduced...
News

Iraq Reopens Airspace Amid Drone Attacks and Ceasefire Talks

Iraq reopened its airspace to all flights after completing a full security assessment. This follows heightened regional tensions and intense international discussions. The key...
Economy

Iraq Oil Exports Face Risk as Hormuz Strait Tensions Grow

Iraq oil exports could face serious disruption as tensions rise over Iran’s threat to close the Strait of Hormuz. Iranian officials warned of this...
Economy

Iraq Dinar Strengthens as Dollar Rate Falls in Currency Markets

Iraq dinar strengthens again as the US dollar loses ground in Baghdad and Erbil currency markets. Traders in both cities noticed slight but clear...
Economy

Strait of Hormuz and Asia’s Oil Supply from Iraq, KSA, UAE, Qatar, and Iran

The Strait of Hormuz and Asia’s oil supply from Iraq, KSA, UAE, Qatar, and Iran is under growing pressure. Over 84% of the oil...
Business

Basil Al Dhahi Becomes CEO as Arab Bank Iraq Plans Major Growth

Basil Al Dhahi becomes CEO as Arab Bank Iraq expands its national presence. His appointment reflects the bank’s strong commitment to Iraq’s financial future. Al...
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