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Economy

Oil Prices Drop as Iran-Israel Ceasefire Lifts Supply Fears

Oil prices plunged to their lowest levels in over a week after news of a ceasefire agreement between Iran and Israel. The announcement reduced...

Iraq Wheat Production Surges as Karbala Achieves Record Harvest

Iraq wheat production reached a new milestone this season as Karbala reported its highest harvest ever. The province recorded over 305,000 tons of wheat,...

Iraq Oil Revenues Exceed $6 Billion as Exports Climb in May

Iraq oil revenues surged above $6 billion in May as the country boosted its monthly crude exports. The Ministry of Oil released detailed data...

Gold Prices Slip in Iraq as Market Demand Cools

Gold prices dipped slightly on Tuesday in both Baghdad and Erbil as market activity slowed. Jewelers and traders noted modest price declines across multiple...

Iraq Dinar Strengthens as Dollar Rates Fall in Baghdad and Erbil

The Iraqi dinar slightly strengthened against the US dollar on Tuesday in both Baghdad and Erbil, reflecting improved currency market sentiment. This modest rise...

Iraq Oil Exports Face Risk as Hormuz Strait Tensions Grow

Iraq oil exports could face serious disruption as tensions rise over Iran’s threat to close the Strait of Hormuz. Iranian officials warned of this...

Iraq Dinar Strengthens as Dollar Rate Falls in Currency Markets

Iraq dinar strengthens again as the US dollar loses ground in Baghdad and Erbil currency markets. Traders in both cities noticed slight but clear...

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