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Wednesday, September 9, 2026
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Iraq Earns Over $48 Billion from Oil Exports in First Nine Months of 2025

Iraq generated more than $48 billion in oil revenues during the first nine months of 2025, according to data released by the State Oil Marketing Organization (SOMO)....

Iraq’s Electricity Interconnection Project with Gulf States Reaches 93% Completion

Iraq is moving closer to completing a major regional energy initiative as Iraq’s electricity interconnection project with the Gulf States reaches approximately 93% completion of the first...

Iraq’s Oil Exports Generate Nearly $7 Billion in September

Iraq earned nearly $7 billion from oil exports in September, the Ministry of Oil reported. The country shipped more than 102 million barrels of...

Iraq Launches Integrated Solar Panel Factory with 750 MW Annual Capacity

Iraq’s Ministry of Industry and Minerals announced that it has established an integrated factory to manufacture solar panels. The new facility will produce 750...

Iraq Nears Gasoline Self-Sufficiency with $3.75 Billion Basra Refinery Upgrade

Iraq is on the brink of achieving full self-sufficiency in gasoline production, Oil Minister Hayan Abdul Ghani announced. The milestone will come with the...

Iraq’s Oil Exports to US Surge, EIA Reports

Iraq’s crude oil shipments to the United States rose sharply last week. The increase shows a strong rebound in trade. The US Energy Information...

Global Trade Tensions Push Oil Prices Lower for Third Consecutive Week

Oil prices continued to fall this week as global trade tensions and oversupply fears weighed on investor confidence. The decline marks the third straight week...

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