Baghdad (IraqiNews.com) – Kpler recorded on Thursday a large number of oil tankers passing through the strategic Strait of Hormuz with US escort. Iran has largely blocked the strait following […] The post Iraqi, Gulf oil exports via Hormuz recover to previous levels appeared first on Iraqi News .
Baghdad (IraqiNews.com) – The spokesperson for the Iraqi government confirmed that Iraq received on Wednesday a new shipment of US dollars from the Federal Reserve Bank of New York. In […] The post Iraq receives new shipment of US dollars from Federal Reserve Bank appeared first on Iraqi News .
German motorists began paying less to fill their cars Thursday as fuel subsidies aimed at softening the impact of the Middle East war... The post German fuel price cuts kick in to ease Mideast energy shock appeared first on Iraqi News .
Baghdad (IraqiNews.com) – Iraq became the second-largest oil supplier to India in September, reflecting an increase in supplies to the Indian market compared to the previous month. Data from Kpler, […] The post Iraq emerges as India’s second-largest oil supplier appeared first on Iraqi News .
Asian stocks were mixed Thursday following a largely down day on Wall Street with positive US data offset by elevated government... The post Asian stocks mixed as positive US data offset by elevated oil, bond yields appeared first on Iraqi News .
By John Lee. A specialist training course on risk management and environmental, social, and governance (ESG) standards has been held for staff from a number of banks operating in Iraq. The course was organised by the Iraqi Private Banks League (IPBL) in cooperation with the International Finance Corporation (IFC), a member of the World Bank […] The post IPBL and IFC Training on Risk Management for Iraqi Banks first appeared on Iraq Business News .
Foreign oil companies scrambled for a slice of Venezuela's crude at an oil summit in Caracas this week despite years of sanctions, underinvestment and mismanagement that... The post Oil companies close in on Venezuela despite hurdles appeared first on Iraqi News .
The United States on Wednesday estimated stronger second-quarter GDP growth than previously reported, with inflation remaining steady and private payrolls... The post US reports firm Q2 economic growth, inflation steady appeared first on Iraqi News .
Stocks mostly rose Wednesday following a plunge in oil prices the previous day, though the gains were tempered by a slight recovery in... The post Stocks temper gains as oil pares heavy losses, US data in focus appeared first on Iraqi News .
A mass attack by Israeli settlers on a Palestinian village in the occupied West Bank has placed new focus on the emergence of a generation... The post West Bank’s violent settlers part of a new generation fuelled by ideology appeared first on Iraqi News .
By Francesca Washtell, for Arabian Gulf Business Insight (AGBI). Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Iran's Blind Eye Helps Iraqi Oil Exports to Bounce Back Iraq has restored its oil exports to 70 percent of pre-war volumes after it increased shuttling […] The post "Iran's Blind Eye Helps Iraqi Oil Exports to Bounce Back" first appeared on Iraq Business News .
Baghdad (IraqiNews.com) – Official data indicates that Iraq was the sixth-largest supplier of crude oil to South Korea in August 2026, with a volume exceeding 3.8 million barrels. South Korea’s […] The post Iraq becomes South Korea’s sixth-largest oil supplier appeared first on Iraqi News .
Baghdad (IraqiNews.com) – Kpler revealed that crude oil exports from major Middle Eastern producers rebounded in September to reach 16.32 million barrels per day, the highest level since the outbreak […] The post Iraq, Middle Eastern countries record highest recovery in oil exports appeared first on Iraqi News .
By John Lee. Iraq's Prime Minister has used the UN General Assembly to call on international investors to engage with the country, citing its energy resources, strategic location, and ongoing economic reforms. Prime Minister Ali al-Zaidi, addressing the General Debate of the UN General Assembly's 81st session in New York, said Iraq aims to become […] The post Iraq Pitches for Foreign Investment at UN General Assembly first appeared on Iraq Business News .
Baghdad (IraqiNews.com) – Iraq’s oil exports to Jordan have completely stopped since the end of December 2025, despite ongoing negotiations this year aimed at resuming crude supplies to Amman. The […] The post Iraq’s oil exports to Jordan completely halt appeared first on Iraqi News .
Basra (IraqiNews.com) – The fourth edition of the Basra International Exhibition for Oil, Gas, Energy, and Petrochemicals concluded its proceedings at the Basrah International Fairground in Al-Maqal Port, Basra, gathering […] The post Basra Oil and Gas Expo concludes with 300 companies from 18 nations appeared first on Iraqi News .
By John Lee. Four investment licences have been signed with private developers to provide 60,000 residential plots in Karbala, as part of a government initiative to deliver one million serviced residential plots across Iraq's provinces. According to the National Investment Commission (NIC), the licences were signed with Al-Amniyat for Investment and Real Estate Development, Al-Mawj, […] The post Investment Licences for 60,000 Residential Plots in Karbala first appeared on Iraq Business News .
By John Lee. Iraq has recovered $13 million in state funds that were frozen in French banks, following court orders and coordination with international and domestic authorities. According to the Iraqi Fund for Asset Recovery (IFAR), the recovered amount has been deposited into accounts held by the Ministry of Finance, following the completion of required […] The post Iraq Recovers $13m Held in French Banks first appeared on Iraq Business News .
Baghdad (IraqiNews.com) – Vitol has strengthened its presence in the Iraqi oil market by purchasing at least 25 million barrels of crude in September 2026, a move reflecting how major […] The post Vitol becomes second-largest buyer of Iraq’s oil after UAE’s ADNOC appeared first on Iraqi News .
Baghdad (IraqiNews.com) – Iraq is studying proposals to store crude oil in storage facilities in countries including Egypt, Oman, and Singapore. The spokesperson for the Iraqi Oil Ministry, Salim al-Rikabi, […] The post Iraq studies proposals to store oil in Oman, Egypt, Singapore appeared first on Iraqi News .
Baghdad (IraqiNews.com) – Iraqi Prime Minister Ali Falih Al-Zaidi delivered a wide-ranging policy address before the 81st Session of the United Nations General Assembly in New York, presenting Baghdad’s strategic […] The post PM Al-Zaidi asserts state monopoly on arms and outlines economic vision at UNGA81 appeared first on Iraqi News .
Baghdad (IraqiNews.com) – A tribal dignitary from Basra Governorate revealed on Friday, September 25, 2026, that approximately 40 members of the Al-Shaghanba tribe from the Abu Al-Khaseeb district successfully liberated […] The post Basra tribesmen liberate hijacked oil tanker in Gulf of Aden appeared first on Iraqi News .
Baghdad (IraqiNews.com) – Under the auspices and in the presence of Prime Minister Ali Faleh Al-Zaidi, the Permanent Mission of the Republic of Iraq to the United Nations in New […] The post Al Zaidi courts US banks in New York targeting 10M bpd oil capacity appeared first on Iraqi News .
By Vugar Rustamli, Sustainable Project Management Consultant. The Green Era in Project Management: Is Iraqi Business Ready? Over the past two years, Iraq has begun building a clean-energy sector. The country's first industrial-scale solar plant is now operating in Karbala. Its first gigawatt-scale project, a 1 GW facility in Basra, entered trial operation in March […] The post The Green Era in Project Management: Is Iraqi Business Ready? first appeared on Iraq Business News .
Baghdad (IraqiNews.com) – Iraqi Prime Minister Ali al-Zaidi called on US companies on Wednesday to seize investment opportunities available in Iraq, particularly in the petrochemicals, glass, and phosphate industries, as […] The post Iraqi PM calls on US firms to seize investment opportunities appeared first on Iraqi News .
By John Lee. An unlicensed currency exchange and money transfer network has been dismantled in Baghdad, with five suspects arrested and $240,000 seized. According to Iraq's Ministry of Interior, the operation was carried out by units of the Federal Intelligence and Investigations Agency (FIIA). The suspects were operating in several districts on the Rusafa side […] The post Illegal Currency Network Dismantled as Dinar Weakens first appeared on Iraq Business News .
By John Lee. Iraqi Prime Minister Ali al-Zaidi met separately in New York with representatives of US oil companies HKN Energy and ExxonMobil, according to the Prime Minister's Office (PMO). In the meeting with HKN Energy, al-Zaidi urged the company to accelerate operations and increase working hours on its projects and contractual commitments in Iraq, […] The post Oil Sector Talks for Iraqi PM in New York first appeared on Iraq Business News .
By John Lee. Iraq's Small Business Support Fund has held a board meeting to review procedures for issuing loans and improve support for small business owners. The meeting took place at the premises of the Department of Labour and Vocational Training, which falls under the Ministry of Labour and Social Affairs. According to the Ministry […] The post Iraq's Small Business Support Fund to Improve Loan Access first appeared on Iraq Business News .
Iraq exported roughly 70 million barrels of oil in August, according to Oil Minister Basim Khudair, who confirmed the figure on Tuesday. That monthly total translates into daily shipments running above three million barrels. Crude sales remain the backbone of the Iraqi state budget, so the numbers will be watched closely in Baghdad and by buyers abroad.
By Joel Bissitt. Franchises as an Investment: Risks, Rewards and Returns Investing in a franchise can be a very lucrative investment opportunity, but it can come with a hefty initial investment cost. On the other hand, franchises can prove to be fantastic investments for people who want to become business owners without having to reinvent […] The post Franchises as an Investment: Risks, Rewards and Returns first appeared on Iraq Business News .
Baghdad (IraqiNews.com) – Iraqi Prime Minister Ali Faleh Al-Zaidi held high-level discussions in New York with ExxonMobil Chairman and Chief Executive Officer Darren Woods, exploring expanded upstream partnerships, fresh hydrocarbon […] The post Zaidi meets ExxonMobil CEO in New York on oil partnerships appeared first on Iraqi News .
Baghdad (IraqiNews.com) — Iraq is pushing up attempts to enhance oil output and attract more US energy investment, with Prime Minister Ali Falih al-Zaidi meeting separately with ExxonMobil and HKN […] The post Iraq pushes oil expansion in New York talks with ExxonMobil, HKN Energy appeared first on Iraqi News .
Oil prices fell on Wednesday after President Donald Trump said US and Iranian representatives had met for "very good" talks... The post Oil prices fall after Trump hails ‘good’ talks with Iran appeared first on Iraqi News .
In little over a month, the chairman of India's corporate giant Tata Group has gone from seeking another term to announcing his departure... The post Tata turmoil shines light on India succession woes appeared first on Iraqi News .
By John Lee. Iraq's parliamentary Finance Committee has held a workshop with the Iraqi Private Banks League (IPBL) to discuss the state of the banking sector and mechanisms for its development. The session was chaired by MP Uday Awad and attended by Ali Tariq Mustafa, Executive Director of the IPBL, along with a delegation of […] The post Private Banks League discusses Banking Reform with Parliament first appeared on Iraq Business News .
By Nadim Kawach, for Arabian Gulf Business Insight (AGBI). Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Oil Squeeze Pushes Iraq Towards Toughest Budget in Decades Iraq faces its toughest budget challenge in more than two decades as a sharp fall in oil […] The post Oil Squeeze "Pushes Iraq Towards Toughest Budget in Decades" first appeared on Iraq Business News .
Baghdad (IraqiNews.com) – The total capital of Iraq’s banking sector has surpassed 21.4 trillion Iraqi dinars, with aggregate banking assets reaching 155 trillion dinars, according to data presented by the […] The post Iraqi banking sector capital tops 21.4T dinars amid sovereign credit pressures appeared first on Iraqi News .
By John Lee. Plans to develop associated gas investment at the Nahr Bin Umar oil field in Basra province were reviewed at a meeting chaired by Dr. Izzat Sabir Ismail, Deputy Minister of Oil for Gas Affairs. According to the Ministry of Oil, the meeting was attended by representatives of South Gas Company, the Planning […] The post Gas Investment Plans Reviewed for Nahr Bin Umar Field first appeared on Iraq Business News .
By John Lee. Iraq's Ministry of Trade has outlined plans to tighten import controls and expand the reach of Iraqi goods into regional and international markets. Mohammed Hannoun, the ministry's official spokesman, told the state-run Iraqi News Agency (INA) that the ministry is working to regulate the import process in line with legal frameworks, balancing […] The post New Import Controls and Export Drive from Min of Trade first appeared on Iraq Business News .
By John Lee. Iraq's Ministry of Trade held separate meetings on Sunday with the US chargé d'affaires in Baghdad and the Iranian commercial attaché, covering ways to strengthen bilateral economic and trade relations with each country. Trade Minister Mustafa Nizar Jumaa received Steven Fagin, the US chargé d'affaires, to discuss expanding American companies' participation in […] The post Iraq Holds Separate Trade Talks with US and Iran first appeared on Iraq Business News .
By John Lee. The Central Bank of Iraq (CBI) has stated that its foreign reserves are sufficient to meet all demand for foreign currency, including trade financing, bank card settlements, and travellers' cash requests at the official exchange rate. According to the CBI, the recent rise in the exchange rate on local markets is attributable […] The post CBI Rebuffs Speculation Over Foreign Currency Reserves first appeared on Iraq Business News .
Baghdad (IraqiNews.com) – The Rusafa Investigation Court Specialized in Integrity and Money Laundering Cases announced on Monday, September 21, 2026, the recovery of 51 billion Iraqi dinars on behalf of […] The post Rusafa Integrity Court recovers 51 billion dinars for Rafidain Bank appeared first on Iraqi News .
Baghdad (IraqiNews.com) – Data from Kpler, a leading data platform that tracks commodity flows and maritime shipping, indicates a decline in shipping traffic through the Strait of Hormuz over the […] The post Iraq’s oil exports hit 35% of shipments leaving Hormuz last week appeared first on Iraqi News .
Baghdad (IraqiNews.com) — The European Bank for Reconstruction and Development (EBRD) has awarded Bank of Baghdad with a $25 million trade finance facility to help Iraqi importers, exporters, and small […] The post Iraq’s Bank of Baghdad secures $25 million EBRD trade finance facility appeared first on Iraqi News .
Baghdad (IraqiNews.com) – Iraq’s Ministry of Oil clarified on Monday, September 21, 2026, that the country’s daily crude export average for September stands at approximately 2.6 million barrels per day, […] The post Iraq Oil Ministry clarifies September crude exports average 2.6M bpd appeared first on Iraqi News .
Baghdad (IraqiNews.com) – Iraq’s oil exports fluctuated during September 2026, amid ongoing geopolitical tensions related to the Middle East war and Baghdad’s efforts to diversify its export routes. The spokesperson […] The post Iraq’s oil exports hit three million barrels in September appeared first on Iraqi News .
By John Lee. Iraq's Ministry of Trade has held an expanded meeting with the International Trade Centre (ITC) to discuss cooperation on WTO accession and the preparation of a national trade and investment strategy. The Ministry was represented by Ghassan Al-Mohammadi, Under-Secretary for Economic Affairs, and Malik Khalaf Al-Durai'i, Director General of the Private Sector […] The post Iraq's WTO Accession and National Trade Strategy on Agenda first appeared on Iraq Business News .
By Yesar Al-Maleki, for the Atlantic Council. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Can Oil Deals Reset US-Iraqi Relations? As Iraq and the United States enter a new phase in their relationship, oil is assuming a more central role. During Prime […] The post Can Oil Deals Reset US-Iraqi Relations? first appeared on Iraq Business News .
Baghdad (IraqiNews.com) – The U.S. dollar crossed the 160,000-dinar threshold across Iraq’s parallel currency markets during opening trading on Saturday, September 19, 2026, marking a sharp depreciation of the domestic […] The post US dollar surges past 160,000 IQD amid US liquidity pressures and market slump appeared first on Iraqi News .
By John Lee. Iraq's President Nizar Amedi and Kurdistan Region President Nechirvan Barzani attended the Slemani Economic Summit for Investment and Development in Sulaymaniyah on Thursday. Kurdistan Regional Government Deputy Prime Minister Qubad Talabani also participated, along with officials, experts and business figures. President Amedi addressed the summit, stressing the importance of public-private partnerships in […] The post Sulaymaniyah Summit Focuses on Investment and Economic Diversification first appeared on Iraq Business News .