June 19, 2026

Iraq expands TIR transit network with 7 international routes Shafaq News

Seven new international transit routes opened across Iraq over the past eight months under the TIR system, the Ministry of Transport confirmed Friday, with more than 1,000 cross-border cargo operations […]

Iraqi News

June 19, 2026

USD/IQD exchange rates dip in Baghdad, Erbil Shafaq News

The US dollar closed lower on Thursday in Iraq, slipping below 155,000 dinars per 100 dollars at the end of the trading week. According to Shafaq News market survey, the […]

Iraqi News

June 19, 2026

Iraq loads 2.3M oil barrels after Hormuz reopens Shafaq News

Two giant oil tankers docked at Basra Oil Port to load 2.3 million barrels of crude, a source in Iraq’s General Company for Ports told Shafaq News on Friday, marking […]

Iraqi News

June 19, 2026

Iraq Stock Market Report iraq-businessnews

Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (trading week ending: [INSERT]. Please click here to view a table of listed companies and their associated ticker codes. Rabee Securities’ Market Indexes […]

Iraqi News

June 19, 2026

Petrel Resources Updates on Iraqi Prospects iraq-businessnews

Irish-based Petrel Resources Plc (LON: PET) has published its preliminary results for the year ended 31 December 2025. Regarding prospects in Iraq, the company said: “In Iraq, discussions continued regarding several potential […]

Iraqi News

June 18, 2026

Iraq Development Plan to 2050 Discussed with UNDP iraq-businessnews

Prime Minister Ali al-Zaidi received United Nations Assistant Secretary-General and United Nations Development Programme (UNDP) Administrator Abdullah Al-Dardari and his accompanying delegation. According to the Prime Minister’s Media Office, the meeting covered […]

Iraqi News

June 18, 2026

Oil extends losses after US-Iran breakthrough Shafaq News

Oil prices fell more than $1 per barrel on Thursday after the U.S. and Iran signed ‌an interim agreement that would end the Iran war, reopen the Strait of Hormuz […]

Iraqi News

June 18, 2026

Basrah crudes fall amid global losses Shafaq News

Iraq’s Basrah crude plunged more than 7% on Thursday, as major global benchmarks moved lower. Basrah Heavy crude dropped to $47.51 per barrel, losing $3.94, or 7.66%, while Basrah Medium […]

Iraqi News

June 18, 2026

Gold prices fall in Baghdad, Erbil markets Shafaq News

On Thursday, gold prices hovered around 940,000 IQD per mithqal in Baghdad and Erbil markets, according to Shafaq News market survey. Gold prices on Baghdad’s Al-Nahr Street recorded a selling […]

Iraqi News

June 18, 2026

Iraq receives 37K+-tonne gasoline cargo at Basra port Shafaq News

Iraq began unloading a major imported gasoline shipment at Khor al-Zubair Port in Basra to support domestic fuel supplies, a source at the General Company for Ports of Iraq told […]

Iraqi News

June 18, 2026

Soaring freight costs complicate Iraqi oil exports Shafaq News

Chinese and Indian state refiners are struggling to secure tankers to transport Iraqi Basrah crude amid elevated freight rates following the closure of the Strait of Hormuz, which carries around […]

Iraqi News

June 18, 2026

USD/IQD exchange rates dip in Baghdad, Erbil

The US dollar closed lower on Thursday in Iraq, slipping below 155,000 dinars per 100 dollars at the end of the trading week. According to a Shafaq News market survey, […]

Iraqi News

June 17, 2026

Iraq, US Outline Energy, Security and Investment Goals iraq-businessnews

Iraq and US Reaffirm Strategic Partnership, Eye White House Meeting in July Iraq-US Joint Statement Outlines Energy, Security and Investment Goals Chevron, Starlink and Pipeline Rehabilitation Among Priorities in Iraq-US […]

Iraqi News

June 17, 2026

Iraq’s Basrah crude falls over 3% Shafaq News

Iraq’s two Basrah crude grades fell more than 3% on Wednesday, widening the discount against Arab producer benchmarks and pushing Basrah Heavy toward the $50 threshold. Basrah Heavy dropped $2.05, […]

Iraqi News

June 17, 2026

Oil prices dip post US-Iran pact Shafaq News

Oil prices inched lower on Wednesday, extending the previous session’s declines as investors assessed the U.S.-Iran peace deal, though uncertainty over the full resumption of shipping through the Strait of […]

Iraqi News

June 17, 2026

Gold prices trend upward in Baghdad and Erbil Shafaq News

On Wednesday, gold prices hovered around 950,000 IQD per mithqal in Baghdad and Erbil markets, according to a survey by Shafaq News Agency. Gold prices on Baghdad’s Al-Nahr Street recorded […]

Iraqi News

June 17, 2026

Foreign reserves in Iraq shrink by $1.1B in one week Shafaq News

Iraq’s foreign reserves fell 1.43% during the final week of May, extending their decline in the second quarter of 2026, according to data released by the Central Bank of Iraq. […]

Iraqi News

June 17, 2026

USD/IQD inches higher at the closure Shafaq News

The US dollar closed Wednesday’s trading higher in Iraq, hovering around 156,200 dinars per 100 dollars. According to Shafaq News market survey, the dollar traded in Baghdad’s Al-Kifah and Al-Harithiya […]

Iraqi News

June 17, 2026

IEA projects 8M bpd supply surge by 2027 Shafaq News

The International Energy Agency (IEA) said on Wednesday that the global oil market is expected to gradually recover from the disruption caused by the closure of the Strait of Hormuz, […]

Iraqi News

June 16, 2026

Dollar edges higher in Baghdad, Erbil markets Shafaq News

The US dollar closed Tuesday’s trading higher in Iraq, hovering around 155,000 dinars per 100 dollars. According to Shafaq News market survey, the dollar traded in Baghdad’s Al-Kifah and Al-Harithiya […]

June 16, 2026

Turkiye rejects extending Kirkuk-Ceyhan oil pipeline agreement Shafaq News

Ankara refuses to extend the existing Kirkuk-Ceyhan oil pipeline agreement under current conditions, Reuters reported on Tuesday, citing a senior Turkish official. Iraq requested at least a one-year extension to allow more […]

Iraqi News

June 15, 2026

Australia, Iraq Discuss Economic Cooperation iraq-businessnews

Iraq and Australia have discussed expanding cooperation in the financial and banking sectors, with a focus on economic reform, development, and knowledge-sharing. During a meeting in Baghdad, Finance Minister Faleh […]

Iraqi News

June 15, 2026

Crude prices fall to March lows on US-Iran accord Shafaq News

Oil prices slipped to their lowest since March on Monday after U.S. President Donald Trump ‌and Iran’s deputy foreign minister said they had reached an initial deal to end the […]

Iraqi News

June 15, 2026

Gold prices rise in Baghdad and Erbil Shafaq News

Gold edged higher in Baghdad and Erbil on Monday, hovering around 930,000 IQD per mithqal, according to Shafaq News market survey. Wholesale prices on Baghdad’s Al-Nahr Street recorded a selling […]

Iraqi News

June 15, 2026

Weekly trading value on Iraq bourse plunges 94% Shafaq News

The Iraq Stock Exchange (ISX) recorded more than four billion Iraqi dinars (roughly $3M) in trading value last week, marking a 94% decrease compared with the previous week. According to market data, […]

Iraqi News

June 15, 2026

Oil accounts for 84% of Iraq’s revenues in early 2026 Shafaq News

Oil revenues totaled 26.121 trillion Iraqi dinars ($17B), accounting for 84% of Iraq’s total income of 31.163 trillion dinars ($20B) during the first four months of 2026, according to federal […]

Iraqi News

June 15, 2026

US Dollar edges higher in Baghdad and Erbil at closure Shafaq News

The US dollar closed Monday’s trading higher in Iraq, hovering around 154,900 dinars per 100 dollars in Baghdad and Erbil. According to Shafaq News market survey, the dollar traded in […]

Iraqi News

June 14, 2026

EIA: Iraq ranks sixth among US crude suppliers Shafaq News

Iraq’s crude oil exports to the United States rose 64,000 barrels per day (bpd) last week, US Energy Information Administration (EIA) data showed, lifting the country to sixth place among the largest […]

Iraqi News

June 14, 2026

Basrah Medium crude among top OPEC gainers in May Shafaq News

Iraq’s Basrah Medium crude climbed $11.83 per barrel in May, reaching $120.22, up from $108.39 in April, according to the latest report from the Organization of the Petroleum Exporting Countries (OPEC). The […]

Iraqi News

June 14, 2026

Iraq’s gasoline imports plunge 66% in Q1 2026 Shafaq News

Iraq imported 118,298 tons of gasoline during the first quarter of 2026, down 66.1% from 349,292 tons recorded during the same period last year, according to figures released by the […]

Iraqi News