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Iraq

Iraq Aims to Increase Oil Production in Kirkuk to 450,000 Barrels per Day

Iraq is gearing up to boost its oil production significantly, aiming for an output of 450,000 barrels per day (bbl/d) from its Kirkuk oil...

Iraq Reports $60 Billion Loss from Middle Eastern Conflict

Iraq has faced a staggering loss of approximately $60 billion due to ongoing conflicts in the Middle East, according to Foreign Minister Fuad Hussein....

Shafaq News: Iraqi Communist Party Disapproves of Al-Zaidi’s Finalized Cabinet.

The Iraqi Communist Party has voiced strong opposition to the newly formed cabinet led by Prime Minister Ali Al-Zaidi, labeling it as a mere...

US Broadens Financial Sanctions Against Iran, Focusing on Banking Systems in Iraq and Internationally

The United States has ramped up its financial sanctions against Iran, targeting several banks and individuals connected to networks believed to assist Tehran in...

Iraq Assesses Adjustments to Dinar Exchange Rate and Three-Zero Currency Revaluation

Iraq is currently at a pivotal junction with potential changes to its currency and budget forecasts, signaling an evolution in its economic landscape. Safaa...

US Exit Exposes Iraq to Iranian Influence

The withdrawal of U.S. troops from Iraq has evoked complex emotions among the local population, especially as it coincides with heightened tensions in the...

U.S. Enacts New Sanctions on Iran, Targeting Iraqi Bank

The ongoing tensions between the United States and Iran have led to new sanctions aimed at curbing Iran's influence and financing capabilities. Recently, the...

Iraq incurred $60 billion in expenses due to the US-Iran conflict.

Iraq has recently reported significant economic losses and ongoing concerns resulting from the conflict surrounding the U.S.-Iran tensions. During a meeting in Rome, Iraqi...

Iraq designates Asaib Ahl al-Haq leader, backed by Iran, as deputy prime minister.

Iraq's parliament has recently confirmed the appointment of Laith al-Khazali, a prominent member of the Iran-aligned Asaib Ahl al-Haq faction, as the new deputy...

US Implements Iran-Related Sanctions on Iraq’s Development Bank

The recent sanctions imposed by the United States on the Iraq Development Bank highlight a significant step in the ongoing economic and political tensions...

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