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Iraqi seaborne oil exports plummeted to unprecedented lows in April 2026, reaching only 131,000 bpd due to the closure of the Strait of Hormuz. This represents a 96% annual decline, causing severe bud...
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Local markets recorded a new decline in dollar exchange rates in May 2026. The selling price in Spring 2026 reached approximately 153,000 dinars per hundred dollars. Meanwhile, the purchase price stab...
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Brent crude prices jumped sharply in May 2026, exceeding the $114 per barrel mark. The gains in Spring 2026 came immediately after Fujairah announced its facilities were targeted by a drone attack. Mi...
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In May 2026, dollar exchange rates recorded relative stability at 153,500 dinars for sale per hundred dollars. Spring 2026 trading in Iraqi markets showed purchase prices reaching 152,500 dinars amids...
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TankerTrackers reported in May 2026 that Kuwait exported zero barrels of crude oil in April due to the Hormuz blockade. This Spring 2026 precedent is the first since the Gulf War, resulting from hinde...
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In May 2026, the Kiel Institute warned that increased US tariffs to 25% could cost Germany 15 billion euros in production volume. Spring 2026 analysis suggests these measures will severely impact Ger...
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In May 2026, the US recorded the highest fuel price surge among G7 nations, with gasoline jumping 42% since the conflict's onset. By mid-May 2026, national averages reached $4.39 per gallon, the high...
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Gold prices stabilized in May 2026 but remained on track for a 1.8% weekly decline as surging oil prices fueled inflation concerns and clouded interest rate outlooks. Spot gold hovered around $4,622....
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In May 2026, Iraq officially commenced crude oil exports through the Rabia border crossing, sending the first 15 tankers toward Syria. Border Ports Commission Chief Omar Al-Waeli stated that this str...
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In April 2026, the US dollar maintained its levels against the Iraqi dinar in local markets. Selling prices reached 154,500 IQD per $100, while buying prices stood at 153,500 IQD. Economic analysts a...
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