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Iraq’s Basrah Crude Prices Slip Despite Global Oil Gains

Basrah crude prices slip despite global oil gains. That key phrase captures a surprising twist in Iraq’s oil market this week. While global benchmarks...

Iraq faces growing economic crisis as oil revenues decline

Iraq is facing a deepening economic crisis. Economists and lawmakers are urgently calling for reforms. They say falling oil revenues, weak financial systems, and...

Iraq electricity supply boost with solar expansion

Iraq electricity supply will soon receive a boost, as the government approved several energy initiatives during a recent cabinet meeting. Officials confirmed plans...

Iraq oil exports in April show steady revenue

Iraq oil exports in April reached over 100.9 million barrels, showing slight changes compared to the previous month’s total. Despite a small decline from...

Iraq solar projects aim to transform national energy

Iraq is launching a major initiative to roll out 1,000 small solar energy projects across the country. The plan aims to reshape Iraq’s energy...

Iraq Kurdistan gas contracts trigger legal showdown

Tensions between Baghdad and Erbil escalated after Iraq’s federal government filed a lawsuit against the Kurdistan region. The case targets two gas contracts signed...

Iraq Crude Prices Rise as Basrah Oil Gains Momentum

Iraq crude prices rose on Tuesday, gaining ground even though global oil markets stayed mostly stable. Both Basrah Heavy and Basrah Medium saw increases...

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