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.
You Bought Iraqi Dinars. Now What?
By Guest Blogger. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. You Bought Iraqi Dinars. Now What? You made the purchase some time …
Expert: Iraq can export 70% of oil via non-US tankers through Hormuz
Economic expert Nabil al-Marsoumi states Iraq can bypass maritime restrictions and export 70% of its oil to Asia using non-US/Israel linked tankers.
Iraq’s finance minister, Adil Abdul Mahdi: Restructuring debt is top priority
Last year, at the IMF meetings in Dubai, the Iraqi delegation was led by Adil Abdul Mahdi. At the time, he was already a leader of the Supreme Council for the Islamic Revolution in Iraq, the leading …
First Iraqi Bank Rating Placed On ‘Watch Negative’
By John Lee. S&P Global Ratings has placed the ‘B-‘ rating on First Iraq Islamic Bank For Investment And Finance JSC on CreditWatch with negative implications. It added: “A sharp decline in oil …
Exclusive-Iraq declares force majeure on foreign-operated oilfields over Hormuz disruption, sources say
By Aref , Mohammed and Ahmed Rasheed BAGHDAD, March 20 (Reuters) – Iraq has declared force majeure on all oilfields developed by foreign oil companies after military operations in the region disrupted …
In Iraq, Iran’s proxy militias open a third front in war against the US and Israel
BEHIND THE LINES: Statistics indicate that a determined Iranian and allied campaign is indeed underway in Iraq, making the country a third front in the current war.