Economy

Oil prices experienced a decline on Monday as market concerns over U.S. import tariffs weighed heavily on global economic growth. Investors also grew wary...

The United States has decided not to renew a waiver that allowed Iraq to purchase electricity and gas from Iran, marking a significant shift...

Gold prices remained stable in both Baghdad and Erbil on Saturday, March 8, 2025. According to Shafaq News Agency, the prices in both cities...

Basra crude oil, both heavy and medium grades, suffered considerable losses last week. According to the latest data, Basra Heavy crude closed at $76.78...

The Iraqi Ministry of Transport has announced progress in the Development Road project, with three governorates—Muthanna, Karbala, and Salah al-Din—expressing full readiness to commence...

Iraq is currently engaged in negotiations with Halliburton to advance the development of the oil sector within the Nahr Bin Omar field in Basra....

Iraq's oil exports to the United States surpassed $400 million in January 2025, according to the U.S. Census Bureau's monthly report. The report indicated...