By John Lee. The U.S. Justice Department has filed a civil forfeiture complaint seeking to seize a Beverly Hills mansion allegedly purchased with the proceeds from a scheme to defraud the Defense Logistics Agency (DLA). The complaint alleges that a defence contractor obtained more than $700 million from DLA for fuel deliveries to U.S. forces […]
By John Lee. American journalist Shelly Kittleson has expressed her gratitude to those who worked for her release, after she was taken hostage by an armed faction in Baghdad earlier this month. Ms Kittleson was released on 7th April. Full statement from Shelly Kittleson: I am and will always be incredibly grateful to those who […]
By Guest Blogger. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. "Deleting the Zeros" -- What Iraq Actually Said, and What It Means for Your Investment Few phrases in the Iraqi dinar speculation world generate more excitement than "deleting the zeros." It surfaces in […]
By John Lee. According to a statement today (Wednesday) from Iraq's Ministry of Trade, the reopening of the Strait of Hormuz has led to a gradual recovery in maritime traffic, although activity remains below normal levels amid continued geopolitical uncertainty. It says early signs of improvement have been observed in trade flows, particularly in energy […]
By Guest Blogger. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. You Bought Iraqi Dinars. Now What? You made the purchase some time ago -- maybe a few years back, maybe longer. You heard the pitch: Iraq sits on some of the world's largest […]
By John Lee. Conflicting tracking data has raised uncertainty over the movements of the Omega Trader, an oil supertanker carrying Iraqi crude, amid ongoing disruption to shipping routes near the Strait of Hormuz. Ship-tracking data in recent days reportedly indicated the tanker had arrived near Mumbai, while its manager, Mitsui OSK Lines Ltd, said the […]
By Guest Blogger. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraq's Payroll Cliff: Why the Dinar Can't Be Your Retirement Plan For two decades, promoters of the Iraqi dinar as an investment have pointed to the country's oil wealth and whispered of an […]
By John Lee. Iraq's Ministry of Oil has issued a further statement setting out its position on the resumption of exports through the Kirkuk-Ceyhan pipeline, following recent comments by the Kurdistan Regional Government's Ministry of Natural Resources. The statement describes the KRG ministry's position as political in nature, and sets out Baghdad's operational and legal […]
By John Lee. Iraq's Ministry of Oil and the Kurdistan Regional Government's Ministry of Natural Resources have issued statements outlining differing positions on the possible resumption of crude oil exports through the northern pipeline to the Turkish port of Ceyhan. The exchange comes amid regional disruption affecting exports through the southern system via the Strait […]
By John Lee. The Iraqi government has reaffirmed its rejection of war and military escalation following attacks on Iraqi sites, during a security meeting chaired by Prime Minister Mohammed Shia Al-Sudani. The meeting, held at the Joint Operations Command headquarters, reviewed the security situation after several Iraqi locations were targeted, resulting in fatalities and injuries. […]
By Guest Blogger. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. The Iraqi Dinar Caught in the Crossfire: What a Trump-Iran Military Conflict Would Mean for Iraq's Currency The Middle East is once again on the edge. The United States has assembled its largest […]
By Guest Blogger. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Will 2026 Be the Year Iraqi Dinar Speculators Finally Strike Gold? For nearly two decades, a peculiar investment subculture has persisted in the shadows of global finance: Iraqi Dinar speculation. Thousands of hopeful […]
