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The 2026 energy landscape is gripped by high oil prices reaching $130 per barrel due to the closure of the Strait of Hormuz. While 2026 data shows Iraq could gain $49.5 billion on paper, the physical...
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MP Mohammed Al-Shammari confirmed in May 2026 that the upcoming fiscal budget is strategically designed to be service-oriented. The government plans to prioritize infrastructure, specifically electric...
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A May 2026 shipping schedule reveals that Iraqi crude exports from Kirkuk to Turkey are set at 128,000 bpd, marking a 28% decline from April's figures. While Tupras will receive a portion via pipeline...
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The US dollar exchange rate against the Iraqi dinar was recorded at 153,500 IQD for selling and 152,500 IQD for buying this Tuesday in local markets. Financial reports for May 2026 indicate a stable t...
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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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