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A document reviewed by an international news agency indicates the Iraqi Oil Marketing Company (SOMO) is offering discounts on Basra crude for August loading to attract buyers for shipments from within...
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Gold prices rose on Monday amidst an oil price decline, after US President Donald Trump cancelled a potential attack on Iran. This aimed at a swift agreement, easing inflation concerns and the likelih...
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The Ministry of Labour and Social Affairs announced on Sunday the launch of the social aid payment for August 2026. This disbursement targets over 2.046 million families across Baghdad and all governo...
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The OPEC+ alliance plans to approve a boost in oil production quotas by approximately 188,000 barrels per day, effective next September. Informed sources indicate this decision will be followed by sus...
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The Iraqi Ministry of Agriculture announced the completion of a comprehensive census and description process for horses in all governorates, with the exception of the Kurdistan Region, noting the esta...
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Turkish Energy Minister Alparslan Bayraktar announced on Saturday the signing of a one-year agreement with Iraq for the operation of the crude oil pipeline leading to the Turkish port of Ceyhan. Fo...
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A liquefied natural gas (LNG) tanker carrying Qatari cargo was struck by a projectile while transiting the Strait of Hormuz, according to security intelligence firms and vessel tracking data. This rai...
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US Envoy Tom Barrak has lauded the oil agreement signed between Iraq and Turkey, describing it as "remarkable diplomatic leadership from both sides." Barrak commented in a post on the 'X' platform reg...
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Iraq's Oil Minister, Basim Mohammed Khdeir al-Abbadi, departed for Turkey today, Saturday, leading a high-level delegation. The visit aims to sign an agreement for the transport and loading of Iraqi c...
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Iraqi Airways has announced the resumption of its direct flights to the Russian capital, Moscow, following a five-month halt. The company stated that flights will operate from Baghdad to Moscow and vi...
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