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Strait of Hormuz Closure Sends Oil Prices Higher as Iran-U.S. Tensions Escalate

The Strait of Hormuz closure pushed global oil prices higher on Thursday as tensions between Iran and the United States intensified. Energy traders reacted quickly to...

Iraq’s Ruling Alliance Backs $83 Billion Reform Plan to Reshape Economy

Iraq’s ruling Coordination Framework has thrown its support behind an ambitious government program aimed at addressing financial challenges and transforming the national economy. The...

World Bank Reaffirms Backing for Iraq’s Economic Reform Agenda

The World Bank has renewed its support for Iraq’s efforts to modernize its economy and strengthen public finances. The commitment comes as Baghdad continues...

Iraq Moves Forward with Desert Highway Linking Saudi Border

Iraq is preparing to launch a major infrastructure project that could strengthen trade and transportation ties with Saudi Arabia. The planned Iraq-Saudi Arabia highway will connect...

Gold Prices Dip Across Baghdad and Erbil Markets Amid Slow Demand

Gold prices in Iraq declined on Wednesday across Baghdad and Erbil markets.The Iraq gold price update shows weaker trading activity and softer demand.Traders in both cities...

Iraq–US economic cooperation talks set for Washington visit to expand investment ties

Iraq–US economic cooperation talks will take center stage as Iraqi Prime Minister Ali al-Zaidi prepares for his official visit to Washington,D.C.He confirmed the upcoming trip...

Dollar Exchange Rate Climbs in Baghdad While Erbil Market Remains Stable

The Dollar exchange rate in Iraq showed mixed movement on Wednesday as currency markets opened with a slight increase in Baghdad while remaining largely unchanged in...

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