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Global energy markets recorded a sharp increase in crude oil prices on Friday, May 15, 2026, driven by a series of economic and geopolitical variables...
Marine tracking data has revealed that nine oil and gas-laden ships have successfully crossed the Strait of Hormuz since last Sunday, despite escalati...
Informed economic sources have confirmed that maritime and land transport form the backbone of Iraq's trade movement, with the ports of Basra receivin...
OPEC lowered its forecasts for global oil demand growth during the current year, amid ongoing geopolitical tensions and the closure of the Strait of H...
An economic expert warned that current fiscal policies are placing Iraqi citizens at risk, noting that relying on domestic taxes and fees to address t...
Gold prices remained stable in local markets, while the U.S. dollar continued to strengthen in the domestic exchange market. Local selling prices...
The parliamentary Finance Committee said public-sector salaries are secured, noting that the state budget process remains tied to the completion of go...
The Kurdistan Region’s Traffic Directorate announced a 40,000 IQD fine for drivers or passengers who throw trash or waste onto roads and streets...
Iraqi crude prices posted gains in daily trading on global markets, with Basra Medium climbing to $118.99 per barrel and Basra Heavy reaching $115.09...
Iraq’s Ministry of Oil is continuing to oversee rehabilitation works on Pipeline 46, designated for crude exports through Turkey’s Ceyhan...