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Monday, September 7, 2026
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Economy

Iraq’s Central Bank FX Sales Slide 20% Year-on-Year in July

Iraq’s central bank foreign currency sales fell sharply in July, extending a broader decline seen across 2026. The Central Bank of Iraq sold $5.662 billion during...

Nasiriyah Airport Reaches 68% Completion, Eyes 2027 Opening

Construction of Nasiriyah International Airport has reached 68% completion in Iraq’s Dhi Qar Governorate. The Nasiriyah airport project continues to advance as authorities prepare for its...

Iraq Sets $15 Billion Plan to Complete Delayed Projects

Iraq plans to allocate about $15 billion in its 2027 draft budget to complete delayed development projects. The Iraq infrastructure funding plan will focus on unfinished...

U.S. Oil Push in Iraq Gains Momentum as Russia and China Face New Pressure

Washington is making a stronger play for Iraq’s oil industry as Baghdad pursues higher production. The U.S. oil push in Iraq comes as Russia faces mounting...

Iraqi Crude Prices Slide More Than 6% as Global Oil Markets Retreat

Iraqi crude prices fell sharply on Wednesday, following a broader decline across international oil markets. Basrah Heavy crude recorded the steepest Iraqi decline among the...

Iraq’s New Customs Rules Put Import Costs Upfront

Iraq’s advance customs payments will change how importers handle foreign purchases from October 1. The new system requires traders to cover estimated customs duties and tax...

Iraq and Qatar Offer Crude Cargoes for Loading Inside Hormuz

Iraq’s SOMO and QatarEnergy have opened unusual crude tenders tied to the Strait of Hormuz. The Hormuz crude tenders require buyers to arrange cargo loading within...

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