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Economy

Iraq Shifts to GCC Gas Supplies Amid Tighter US Sanctions on Iran

Iraq is making significant changes to its energy supply strategy as it transitions from relying on Iranian gas to sourcing gas from the Gulf...
Economy

Iraq Signs Development Contract for Four Kirkuk Fields with BP

On Monday, the Ministry of Oil announced the signing of a significant contract with BP for the development of the four Kirkuk oil fields....
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...
Economy

Iraq and Russia Voice Concern Over Energy Market Risks

Iraq and Russia voice concern over energy market risks as tensions grow in the Middle East. Both countries, key members of the OPEC+ alliance,...
Economy

Iraq Oil Ports Operate Normally Amid Regional Tensions

Iraq oil ports operate normally amid regional tensions. Despite rising conflicts nearby, Iraq’s maritime operations continue without problems. Officials confirmed smooth shipping activity at...
Economy

Iraq Dollar Prices Stabilize in Baghdad, Rise Slightly in Erbil

Iraq dollar prices stabilize in Baghdad, rise slightly in Erbil. The latest market activity shows a steady exchange rate in the capital while northern...
Economy

Iraq Risks Economic Blow if Hormuz Closure Blocks Oil Exports

Iraq risks economic blow if Hormuz closure blocks oil exports. The narrow Strait of Hormuz remains a vital route for global energy flow. Rising...
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