By John Lee. The US Department of the Treasury’s Office of Foreign Assets Control (OFAC) has imposed new sanctions targeting individuals and companies accused of helping the Iranian regime evade US …
What ExxonMobil’s Comeback in Iraq Really Means
The same elements at play prompted ExxonMobil’s withdrawal from the West Qurna 1 oil field later, according to the Iraq source. “There were three key elements that formed the basis of these …
Iraq, Turkey force Netanyahu’s withdrawal from Gaza peace talks in Egypt
The opposition of Iraq and Turkey to the presence of Benjamin Netanyahu at Monday’s Gaza summit in Egypt prompted him to cancel at the last minute, two diplomatic […] …
Iraq starts constructing giant oil pipeline
In an important milestone, Iraq has begun construction of the third offshore pipeline project to export crude oil from its southern ports.
Iraq conducts military parade on Syria border
ERBIL, Kurdistan Region – Hundreds of Iraqi troops, along with heavy weaponry, have recently been deployed to the Syrian border. They chanted slogans during a military parade on Sunday, threatening …
The Pension System in Iraq: Reform Strategies and Social Justice
Bayan Center for Planning and Studies. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. The Pension System and Fund in Iraq: Assessing …
Germany, Britain stunned by Turkey’s move! Developing 5th-generation TAI KAAN fighter jet, to acquire second-hand Eurofighter Typhoon jets from….
Previously, Germany had reportedly halted the sale of new Eurofighter jets to Turkey, fearing the use of the aircraft against Kurdish groups in Syria and Iraq. In October 2024, Germany lifted this …
Iraq slams new US sanctions, says measures ‘harmful’ to economy
The government affirmed that Iraq rejects economic or financial activity outside the national legal framework or used to support armed groups.
Iraq’s weekly oil exports to US jump to 135,000 barrels per day
The EIA revealed on Sunday that Iraq’s weekly oil exports to the United States significantly increased during the last week.
Manar Al-Obaidi outlines Iraq’s emergency scenarios if oil prices collapse
Expert Manar Al-Obaidi outlines six economic scenarios Iraq faces if oil prices collapse, warning that the structural reliance on public payroll makes reform nearly impossible.