Category Archives: Uncategorized

Oil Price: India races against time to replace Russian crude with Iraqi oil

Oil Price: India races against time to replace Russian crude with Iraqi oil A report by OilPrice.com on Monday confirmed that India is racing against time to replace Russian crude oil with Iraqi, American, and Emirati oil due to sanctions … Continue reading

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The Electoral Commission announces its full readiness for tomorrow’s general election day.

The Electoral Commission announces its full readiness for tomorrow’s general election day. The Independent High Electoral Commission confirmed on Monday its full readiness for the general election day for the Iraqi House of Representatives elections on Tuesday. The head of … Continue reading

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Iraq and nine other Arab countries possess approximately 1,500 tons of gold reserves.

Iraq and nine other Arab countries possess approximately 1,500 tons of gold reserves. The World Gold Council announced on Monday that Iraq and nine other Arab countries possess approximately 1,500 tons of gold reserves in the world. The council said … Continue reading

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Two solar clouds are heading towards Earth, and warnings of geomagnetic storms have been issued.

Two solar clouds are heading towards Earth, and warnings of geomagnetic storms have been issued. The Solar Astronomy Laboratory of the Space Research Institute of the Russian Academy of Sciences reported that two clouds of solar plasma will cover the … Continue reading

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Ministry of Oil: Completion of drilling the deepest horizontal well in the Buzurgan oil field

Ministry of Oil: Completion of drilling the deepest horizontal well in the Buzurgan oil field The Ministry of Oil announced on Monday the completion of drilling the deepest horizontal well in the Buzurgan oil field. The Director General of Maysan … Continue reading

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Development Road Project: 75 percent of final designs completed

Development Road Project: 75 percent of final designs completed The director of the Development Road project at the Italian consulting firm (BTB), Wido Bonini, confirmed on Monday that the project connects Basra Governorate to the Turkish border via a railway … Continue reading

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Rubio praises Nechirvan Barzani’s efforts to resume oil exports from the region and strengthen the partnership with America.

Rubio praises Nechirvan Barzani’s efforts to resume oil exports from the region and strengthen the partnership with America. US Secretary of State Marco Rubio on Sunday praised the efforts of Kurdistan Region President Nechirvan Barzani in reopening Kurdistan’s oil export … Continue reading

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In numbers… Iraq loses more than $13 billion of its reserves in two years

In numbers… Iraq loses more than $13 billion of its reserves in two years USD-Iraqi dinarEconomic data indicated a clear decline in Iraq’s foreign reserves over three consecutive years, an indicator that deserves careful consideration. Reserves reached $111.7 billion in … Continue reading

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Iraq’s domestic public debt is rising

Iraq’s domestic public debt is rising The Central Bank of Iraq announced on Sunday that domestic public debt had increased by the end of September 2025. The bank said in an official statistic seen by Shafaq News Agency that “Iraq’s … Continue reading

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Iraq is the fifth largest Gulf trading partner after exports to it grew by about 50%

Iraq is the fifth largest Gulf trading partner after exports to it grew by about 50% Statistics issued by the Gulf Statistics Center showed that Iraq emerged as one of the most important trading partners of the Gulf Cooperation Council … Continue reading

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