By John Lee. Iraq’s State Oil Marketing Organization (SOMO) has confirmed that Iraq exported approximately 18 million barrels of oil in March, generating revenues of nearly $2 billion, equivalent to …
Iraq Moves to Unify Customs Procedures
By John Lee. Iraq has agreed steps to unify customs procedures across all border crossings, including those in the Kurdistan Region, as part of efforts to enhance trade management and public revenues.
Iraq Rises Against Iran War – Sadr Brings Vast Crowds Into the Streets
Vast crowds rally across Iraq against the US-Israeli war on Iran in one of the largest mobilizations since February 28.
Iraq-Iran border crossing at Shalamcheh returns to normal after closure due to air strikes
Passenger movement has returned to normal at the Shalamcheh border crossing between Iraq and Iran after it was closed following air strikes on the Iranian side that killed an Iraqi citizen, …
US Embassy in Baghdad tells American citizens to leave Iraq ‘immediately’
Do Not Travel warning for Iraq — its highest advisory level — saying plainly: “Do not travel to Iraq for any reason. Leave now if you are there.” Officials emphasize that Americans who choose to …
Iraq shuts key Shalamcheh trade crossing with Iran after airstrikes
BASRA, Iraq April 4 (Reuters) – Iraq closed the Shalamcheh border crossing with Iran after airstrikes on the Iranian side killed an Iraqi citizen, security sources said on Saturday, shutting off a …
Manar Al-Obaidi: Turkish exports to Iraq drop 17% in early 2026
Economic expert Manar Al-Obaidi reports a 17% drop in Turkish exports to Iraq during early 2026, despite a 41% surge in Iraqi fuel and mineral exports to Turkey.
Iraq and US to Expand Joint Security Coordination
By John Lee. Iraq and the United States have agreed to establish a High Joint Coordination Committee to strengthen bilateral cooperation across security, political and economic areas. The decision was …
Hormuz Closure: Iraq Pivots North
From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraq pivots north as Strait of Hormuz closure forces rethink on oil …
Financial Times: Iraq faces economic collapse as oil losses hit $5.4B
A new report warns that Iraq’s oil losses have reached $5.4 billion, leaving enough cash for only two months of salaries as the U.S. controls central bank reserves.