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Copper rose to a three-week high.Supported by improved demand in China.The world’s largest consumer.Prices reached around $12,742 per ton.Amid demand strength and geopolitical risks.
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Gold dropped over 10% since the war began.Amid inflation fears.And expectations of rate hikes.Prices reached around $4714 per ounce.Under market pressure.With reduced safe-haven demand.
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North Oil Company received the first Basra oil shipment.At K1 Station in Kirkuk.After rehabilitation and capacity expansion.With a capacity of 90,000 barrels per day.Oil will later be exported via Cey...
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Iraqi Ministry of Oil denied setting limits on gasoline supply.It confirmed supply continues based on demand.Reports about a 33-liter cap are false.Citizens were urged to rely on official sources.And...
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The US-Iran truce failed to calm markets.As oil prices rose.Due to doubts about the deal.Brent reached $96.96.WTI hit $97.38.With ongoing restrictions in Strait of Hormuz.
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Data from Statista showed a rise in Iraq’s unemployment rate in 2025.It reached 15.49% compared to 15.28% in 2024.This reflects ongoing labor market pressures.Despite slight improvements.The data also...
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Turkish markets surged after the Middle East ceasefire announcement.The BIST 100 Index rose by 4.3%.Banking stocks jumped 8.8%.Airline shares gained over 6%.The Turkish lira strengthened to 44.54 per...
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Iraqi Ministry of Oil announced importing 200,000 tons of gas to support supply.Ali Maarej said the move aims to strengthen reserves.He noted local production covers basic demand.The imports ensure co...
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CNN reported limited activity in the Strait of Hormuz.More than six hours after the US-Iran ceasefire.Shipping data showed restricted vessel movement.Iranian media mentioned a safe passage protocol.Th...
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The Iraqi Economic Council approved gold imports via Trebil border crossing.The meeting was chaired by Foreign Minister Fuad Hussein.The decision is temporary due to airspace restrictions.Officials al...
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