The Hormuz Shock triggered by tensions around the Strait of Hormuz has exposed deep weaknesses in Iraq’s economy. Oil exports faced major disruption, and Iraq quickly...
PetroChina and Indian Oil Corp struggled to secure very large crude carriers for Basrah cargoes in late June. The Iraqi crude tanker shortage disrupted their lifting...
The Dollar exchange rate in Iraq recorded a noticeable decline at the start of trading on Thursday, as currency markets in Baghdad and Erbil opened with...
The return of US dollar shipments to Iraq signals a major shift in economic relations between Baghdad and Washington. Iraqi government sources said the United States...
The growing focus on U.S. investment in Iraq has become a major topic following the recent visit of U.S. Special Presidential Envoy Tom Barrack to Baghdad....
Iraq foreign reserves recorded another decline during the final week of May, according to new figures released by the country's central bank. The latest...
USD/IQD exchange rate in Iraq opened higher on Wednesday trading sessions. The rise reflected stronger demand for the US dollar across local markets. Traders...