OPEC’s habitual quota cheat, Iraq, said it will implement its oil-production cuts in full this month and agreed on the details of how to compensate for falling short of its target in May.
OPEC+ finalizes deal on compensation for Iraq cheating on cuts
It gives added credibility to the OPEC+ supply deal and could bring even more oil off the market just as the demand recovery from the coronavirus pandemic begins to accelerate. Last month, the …
Iran to buy more Basic Commodities from Iraq
(MENAFN – Iraq Business News) Governor of the Central Bank of Iran (CBI) unveiled plans for using a joint mechanism with Iraq to purchase basic commodities and items excluded from the list of anti …
Turkey, Iran summoned over bombing of Kurdish rebels in Iraq
Baghdad has summoned ambassadors from Turkey and Iran over their countries’ separate military operations this week targeting Kurdish rebels in northern Iraq, calling the attacks an affront to Iraq’s s …
Video of Iran’s long-range missiles that could target Israel – WATCH
Iran carried out another attack using ballistic missiles against Kurdish dissidents in 2018 and then against US forces in Iraq in January 2020.
Iran to Import Goods From Iraq Using Trapped Energy Revenues
Iran plans to import goods from Iraq using billions of dollars of gas and electricity revenues stuck in the country due to U.S. sanctions.
Turkey launches major attack on Kurdish militants in Iraq
Ground and air operation targets 150 suspected PKK positions, Ankara says …
Turkey begins offensive against Kurdish rebels in north Iraq
Turkey said Wednesday it has airlifted troops into northern Iraq for a cross-border ground operation against Turkey’s Kurdish rebels. The airborne-and-land offensive into the border region of Haftanin …
Turkey sends special forces into northern Iraq
Cross-border raid escalates the border battle against Kurdish rebels and is likely to further fray ties with Baghdad.
Turkey hits PKK in Iraq: why now and how far could it go?
Turkey launched a rare ground assault into northern Iraq Wednesday, deploying special forces against rebels from the Kurdistan Workers’ Party (PKK) which is blacklisted by Ankara as a “terrorist” …