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Tuesday, October 27, 2026
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Economy

Iraq Parliament to Question Finance Minister Over Deepening Financial Crisis

Iraq’s financial crisis is set to take center stage in parliament as lawmakers prepare to question Finance Minister Faleh Al-Sari. The minister has asked...

Iran Says Iraq Banking Barriers Removed, $11B Funds in Focus

Iran’s central bank governor says banking barriers between Iran and Iraq have been removed. Abdolnaser Hemmati expects Tehran to access Iranian funds held in...

Oil Prices Hold Near Highs as Hormuz Standoff Keeps Markets on Edge

Oil prices remained close to recent highs Thursday as traders watched tensions around the Strait of Hormuz. The market continues to weigh the outlook...

EBRD Provides $75 Million to Expand Trade Financing in Iraq

The European Bank for Reconstruction and Development has approved up to $75 million in trade financing for Iraq. The facility will support Al Mansour...

Iraq Budget Deficit Reaches 21T IQD in First Half of 2026

Iraq’s budget deficit reached 21.24 trillion Iraqi dinars during the first half of 2026. The latest figures show a sharp reversal from the previous...

Gold Prices Slide Below 960,000 IQD in Baghdad and Erbil

Gold prices in Iraq fell below the 960,000 IQD mark on Wednesday. Markets in Baghdad and Erbil recorded lower rates for several gold categories. The...

Basrah Crude Rises as US-Iran Tensions Stoke Supply Fears

Basrah crude prices moved higher on Tuesday as renewed supply concerns pushed global oil markets upward.Traders continued watching developments around the US-Iran conflict and...

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