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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 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...

China Provides Emergency Aid to Iraq

China provides emergency aid to Iraq as the regional war intensifies and humanitarian needs rise. Moreover, Beijing strengthens its ties with Baghdad amid growing...

Iraq Economic Freedom Index Exclusion

The Iraq economic freedom index exclusion highlights ongoing concerns about transparency and data availability. Moreover, global analysts continue to monitor Iraq’s economic reporting standards...

Hormuz Closure Threatens 25% of Global Oil Supply

The Strait of Hormuz remains one of the most important energy routes in the world. A closure could trigger a massive disruption in global...

Iraq Fuel Imports Exceed 2.1 Million Tons

Iraq's fuel imports exceeded 2.1 million tons during the year. The Iraq fuel imports highlight ongoing challenges in domestic refining capacity. Despite strong crude...

Gulf Producers Cut Oil Output by 6.7 Million BPD as Conflict Disrupts Exports

The Iraq oil production cut has intensified across the Gulf as regional conflict disrupts shipping routes and energy infrastructure. Major producers in the region have reduced...

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