OPEC+ to Increase Output by 188,000 bpd in September
By John Lee. Seven OPEC+ member countries have agreed to implement a production adjustment of 188,000 barrels per day (bpd) from their additional voluntary cuts, effective September 2026. The decision was taken at a virtual meeting on Saturday, which was attended by Iraq's Ministry of Oil. The seven countries involved are Saudi Arabia, Russia, Iraq, […]
KRG Reports on Progress of Projects
By John Lee. The Kurdistan Regional Government (KRG) has issued its official data report for projects undertaken by its Ninth Cabinet (2019-2026), including official data for the following sectors: Banking System Electricity Infrastructure Employment Opportunities Environment Electricity Infrastructure Food Security Investment Public Services Reform Road Infrastructure Society and Government The Kurdistan Region's Global Standing Water Security […]
Iraq-Turkey Roundtable on Trade and Investment
By John Lee. An Iraqi-Turkish roundtable meeting has taken place in Baghdad, focused on strengthening economic and trade relations between the two countries. The meeting was chaired by Prime Minister Ali al-Zaidi and attended by a large number of Turkish business representatives, as well as a government delegation that included Minister of Trade Mustafa Nizar […]
Chevron's Bold Moves in Iraq "Will Reshape the Oil Stock"
By Reuben Gregg Brewer, for The Motley Fool. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Prediction: Chevron's Bold Moves in Iraq Will Reshape the Oil Stock Over the Next Decade Chevron has just agreed to something that could make geopolitical conflict in the […]
Iran War "Has Cost Iraq $45bn"
By Mustafa Saadoon, for Alhurra. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Exclusive: Iran War Has Cost Iraq $45 Billion Official sources said that collapsing oil exports and stalled development projects have inflicted massive losses on the country as Baghdad bets on deeper […]
DP World "Eyes Iraq Trade" with Syrian Port Overhaul
By Tala Michel Issa, for Arabian Business. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. DP World Eyes Iraq, Jordan and Turkey Trade through Syria's $800m Tartous Port Overhaul DP World sees Syria's Port of Tartous becoming a logistics gateway to Iraq, Jordan, […]
Iraqi Airways to Resume Baghdad-Moscow Flights
By John Lee. Iraqi Airways is to resume flights between Baghdad and Moscow on Tuesday, following a five-month suspension. According to the Ministry of Transport, the service will operate twice weekly, on Saturdays and Tuesdays, beginning on Tuesday 4th August 2026. Flights were suspended for security reasons following an escalation of conflict in the region […]
Iraq Water Flow "Doubles" after Agreement with Turkey
From Rudaw. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Water Flow Doubles after Agreement with Turkey: Iraqi PM Advisor Upstream water flows to Iraq have increased significantly as a nearly two-year water agreement between Baghdad and Ankara entered the implementation phase, an advisor […]
Iraq, Turkey sign Agreement for Oil Transport via Ceyhan
By John Lee. Iraq has signed an agreement with Turkey for the transport and loading of Iraqi crude oil via the Iraq-Turkey Pipeline (ITP) to the Turkish port of Ceyhan. The agreement was signed under the auspices of Minister of Oil Basim Muhammad Khudhair al-Abadi, with Turkey's Minister of Energy and Natural Resources also in […]
Top 10 Dinar Articles from July
The following were the ten most read dinar-related articles on Iraq Business News for the month of July: Iraq's Central Bank Tightens Foreign Currency Rules Iraqi PM in Washington: What His Trip Actually Means for the Dinar U.S. "Resumes Dollar Transfers to Iraq" You Bought Iraqi Dinars. Now What? CBI to Launch New Initiatives for […]
US Dollar Shipments to Iraq "are a Molehill, not a Mountain"
By Ahmed Tabaqchali, for the Atlantic Council. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. US Dollar Shipments to Iraq are a Molehill, not a Mountain As the Iran war ramped up, it was reported that the United States halted dollar cash shipments […]
Iraq-Turkey Pipeline "Remains Operational"
From PUK Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraq-Türkiye Oil Pipeline Remains Operational Despite Agreement Expiry Crude oil exports from Kirkuk to Türkiye's Mediterranean port of Ceyhan are expected to continue without disruption, despite the expiry of the bilateral agreement governing […]