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Iraq Power Crisis Deepens as Electricity Drops by 3,500 MW

Iraq faces a sharp energy shock as supply disruptions hit the grid. The Iraq power crisis cuts 3,500 MW and exposes deep gaps. The...

Iraq Economy Ranking 2026 Sees Iraq at 739B in Fifth Position

Iraq records strong growth in the Iraq economy ranking 2026 as it secures fifth place among Arab economies. Moreover, the country reached a total of $739.1 billion based...

Oil Prices Surge 11% – Oil Supply Shock Intensifies

Global markets react sharply as an oil supply shock drives volatility across energy trading. Moreover, investors track geopolitical risks closely as tensions escalate in the Middle...

OPEC+ 206K Output Rise – OPEC+ Production Increase Plan Moves Ahead

The oil alliance OPEC+ moves forward with an OPEC+ production increase plan as eight countries agree to boost output. Moreover, the group confirms an increase of 206,000 barrels per...

Iraq-Iran Border Reopens for Passengers after Deadly Air Strikes and Temporary Halts

Iraq-Iran border reopens for passengers after deadly air strikes kill an Iraqi citizen and injure several others. Security sources confirmed the Shalamcheh crossing is...

Iraq-Turkey Trade Shift at 17% Drop as Exports Fall to $1.4B and Trade Gap Stays Above $1.3B

Iraq-Turkey trade shift at 17% drop marks a clear change in regional commerce. New figures highlight declining exports from Turkey to Iraq. At the same time, Iraq...

Iraq Honors World Cup Heroes with 8 Rewards, Including Homes and Diplomatic Passports

Iraq honors World Cup heroes with 8 rewards after a historic football achievement. Prime Minister Mohammed Shia al-Sudani led a major celebration in Baghdad. The event recognized...

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