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Hormuz Closure Sends Shockwaves Through Iraq’s Economy

The Hormuz Shock triggered by tensions around the Strait of Hormuz has exposed deep weaknesses in Iraq’s economy. Oil exports faced major disruption, and Iraq quickly...

News

Business

Iraq Suffers $37.7 Billion Oil Export Loss After Hormuz Shutdown

Iraq has suffered a major economic setback following the prolonged closure of the Strait of Hormuz, with analysts estimating losses of more...

Stock

Iraq-Turkiye Trade Surges as Imports Exceed $820 Million in April

Iraq-Turkiye trade continued to strengthen in April, with Iraqi imports from Turkiye climbing above $820 million, according to newly released Turkish trade...
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Technology

Economy

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Trade

Iraq Crude Exports to US Increase Sharply in June

Iraq boosted its crude oil exports to the United...

Iraq’s Port Activity Surges as Maritime Cargo Traffic Grows

Iraq’s maritime cargo growth continues to rise sharply, as the...

Iraq-China Trade: China’s Direct Exports to Iraq Surge in First Half of 2025

China’s direct exports to Iraq surged in the first...

Turkey–Iraq Trade Expected to Reach $30 Billion

Turkey expects trade exchange with Iraq to reach $30...

Iraq Boosts Cargo Activity Under National Transport Expansion Plan

Iraq’s national transport expansion plan shows strong progress as cargo...
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Trade

Latest Articles

Economy

Hormuz Closure Sends Shockwaves Through Iraq’s Economy

The Hormuz Shock triggered by tensions around the Strait of Hormuz...

Tankers Scarcity Disrupts Iraqi Crude Shipping Deals

PetroChina and Indian Oil Corp struggled to secure very...

Dollar Exchange Rate Eases in Baghdad and Erbil Markets

The Dollar exchange rate in Iraq recorded a noticeable decline at...