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Tuesday, August 11, 2026
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Economy

Reliance Pays Record Freight Cost for Iraqi Crude Amid Hormuz Crisis

India’s Reliance Industries has paid a record freight cost to transport Iraqi crude during the Hormuz crisis. The company reportedly agreed to pay up...

Iraq and France Expand Economic Ties as Coalition Mission Nears End

Iraq and France are strengthening economic ties as Baghdad prepares for a major security transition. Prime Minister Ali Falih al-Zaidi discussed the next phase...

Iraq and Iran Discuss Strait of Hormuz Security and Regional Stability

Iraq and Iran have intensified diplomatic consultations as tensions continue to affect the Strait of Hormuz developmentsand regional security. Iraqi Foreign Minister Fuad Hussein and...

USD/IQD Exchange Rates Hold in Baghdad, Edge Higher in Erbil

The USD/IQD exchange rates remained stable in Baghdad on Sunday while recording a slight increase in Erbil. Currency markets showed limited movement throughout the day, reflecting...

Iraq Targets $30 Billion in Trade With Turkey

Iraq Turkey trade could expand significantly as Iraq announced plans to increase bilateral trade exchange to $30 billion. Iraqi officials discussed the proposal during high-level meetings...

Gold Price Outlook: Markets Await Fed Decision as Dollar Stays Strong

The Gold price outlook remained uncertain on Tuesday as investors turned their attention to the U.S. Federal Reserve’s upcoming policy announcement. Gold prices moved...

Iraq Budget Revenue Shift Signals Stronger Role for Non-Oil Income

Iraq’s public finances showed a notable Iraq budget revenue shift during the first five months of 2026, according to newly released figures from the...

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