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The Governor of the Central Bank, Nizar Nasser Hussein, confirmed on Sunday that there are no international sanctions imposed on the country's banking sector. He also indicated that the issued monetar...
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Grain exports from Russia and Ukraine have seen a sharp decline over the past two months, a direct consequence of ongoing attacks by both sides on commercial vessels and ports in the Black Sea and the...
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Basra heavy and medium crude oil prices registered notable weekly gains, despite experiencing declines in their final trading sessions, coinciding with a drop in global oil prices. Markets continue to...
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Baghdad is moving towards finalizing an imminent agreement with Damascus for the overland export of Iraqi crude oil to Syria's Baniyas port. This strategic move aims to diversify export outlets and re...
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U.S. Treasury Secretary Scott Bessent has projected a significant drop in oil prices, potentially reaching between $40 and $50 per barrel, following the conclusion of military conflict with Iran, the...
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Recent US intelligence assessments, reported by The New York Times, reveal Iran's heightened confidence in attacking Middle East targets. Tehran appears resolved to prolong the conflict for months, ai...
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Iraq recorded its highest oil export rate last August, approximately 70 million barrels—a record since the outbreak of war and the Strait of Hormuz crisis. The Ministry of Oil announced initial revenu...
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The Iraqi Oil Marketing Company (SOMO) plans to purchase approximately 446,250 tons of fuel oil with a sulfur content of 2500 parts per million. This acquisition aims to meet industrial and transporta...
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The Ministry of Trade has announced the registration of 585 diverse commercial violations during the first seven months of the current year, while simultaneously confirming relative stability in local...
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Iraq's Central Bank announced Wednesday the imposition of guardianship over Al-Taif Islamic Bank for Investment and Finance. This official measure, stemming from Board Resolution (130) for 2026, is ba...
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