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Iraq

Iraq’s state oil marketer, SOMO, has established the official selling price for Basrah Medium crude to Asia for November at a USD 2.80 per...

Monthly adjustments to official selling prices by state marketers are a key aspect of the crude oil landscape. Among these, the State Oil Marketing...

Iraq PM’s Advisor States Dollar Increase is a Protective Step to Safeguard Economy Against Regional Disturbances

Iraq's Economic Strategy: Responding to Exchange Rate Adjustments In a recent statement, Iraqi Prime Minister Ali Faleh al-Zaidi’s financial adviser, Mazhar Mohammed Saleh, emphasized the...

Iraq Issues Alert on ISIS Comeback Following Assaults North of Baghdad

Iraq is facing renewed concerns regarding the potential resurgence of ISIS following a series of devastating attacks on security forces in the regions north...

Iran Welcomes First Flight from Najaf, Iraq to Tehran Following Sanctions Waiver

Iran has recently made headlines with the announcement of the inaugural flight from Najaf, Iraq, to Tehran, following the lifting of certain sanctions. This...

US Concludes Military Operations in Iraq, Allowing Baghdad to Enhance Relations with China

The recent conclusion of the U.S. military mission in Iraq marks a significant shift in the region’s geopolitical landscape. Analysts suggest that this development...

Iraq Telecom Requests Documents in $1.8 Billion Dispute Over Award

Iraq Telecom is pressing a federal court in New York to compel a Lebanese bank to provide documents critical for enforcing a $1.8 billion...

What Comes Next for Iraq After America’s Departure?

The recent withdrawal of U.S. forces from Iraq marks a significant turning point in a complex geopolitical landscape. This departure, which culminated on September...

US Pullout from Iraq: A Withdrawal Raising Enhanced Security Concerns

The situation in Iraq is evolving as the United States withdraws its troops once again. This recent departure comes on the heels of the...

Iraq Lowers Currency Value Amid 2027 Budget Constraints

Iraq is navigating a challenging economic landscape by implementing a significant currency adjustment. Recently, the government formally altered the official exchange rate from 1,300...

Iraq’s Central Bank Announces Dinar Rate Change to Safeguard Financial Stability

The Central Bank of Iraq (CBI) has announced important changes to the exchange rate of the Iraqi dinar against the US dollar, starting October...

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