The latest news on Iran – Iraq business – gas, oil & electricity Industries & more – brought to you by Iraq Business News
By John Lee. The United States and Iraq have agreed on the need for Iraq to become energy independent, and to quickly reopen the Iraq-Türkiye Pipeline (ITP), which can transport oil from Northern Iraq and Iraqi Kurdistan to the Turkish port of Ceyhan. In an announcement following US Secretary of State Marco Rubio's call with […]
By John Lee. The Iraqi Ministry of Oil has reiterated that all crude oil exports adhere to global standards ensuring maximum transparency. According to a statement from the Ministry, Iraqi crude is sold to reputable international companies with certified refineries under Free on Board (FOB) terms from Iraqi export terminals. The ministry categorically denies any […]
By John Lee. Iran has reportedly launched a $528-million project to develop three oilfields near the Iraqi border. According to the state-owned Iranian PressTV, the fields are Sumar, Saman, and Delavaran, located in Kermanshah and Ilam provinces, part of the Naftshahr Operation Zone. The development, overseen by the National Iranian Oil Company (NIOC), aims to […]
By John Lee. The Iraqi Ministry of Transport has announced increased interest from international companies in investing in Iraq's strategic transport initiatives. Aided by improved investment conditions and government policies, 2025 is expected to see exceptional foreign direct investment activity, according to the Ministry. Key opportunities include the Grand Faw Port project, with 11 shortlisted […]
By Adam Lucente for Al Monitor. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Khamenei pushes for US withdrawal from Iraq in meeting with Sudani Prime Minister Mohammed Shia al-Sudani's trip to Tehran is his first since the ouster of Syrian President Bashar […]
By Azhar Al-Ruabie, for The Telegraph. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraqi marshland drought: Climate change pushes existence to the edge of extinction Storied marshlands thought by some to be the original Garden of Eden could see conflict over water, activists […]
By John Lee. The Iranian Minister of Science, Research, and Technology, Hussein Simayi Sarraf, has reportedly expressed Iran's readiness to collaborate with Iraq in establishing joint science and technology parks, following a request from Iraqi higher education officials to benefit from Iran's expertise in this field. According to Iran's state-run Islamic Republic News Agency (IRNA). […]
From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraq's fractured elites view Syria with consternation as HTS takes charge In the wake of former Syrian leader Bashar Al-Assad's downfall, Iraqi Shiite political elites are now coming to terms with a radical […]
By John Lee. At a press briefing this week, US State Department spokesperson Vedant Patel (pictured) said the United States has issued another 120-day waiver to allow Iraq to continue importing electricity from Iran. Addressing a question from the floor, Patel said: "On November 7th, the department did renew Iraq's electricity waiver for the 23rd […]
By Michael Knights, for the Washington Institute for Near East Policy. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. How Washington Can Salvage Iraq's Counter Terrorism Service CTS [Counter Terrorism Service] is the most successful U.S. partner force in Iraq, which is why Iran-backed […]
By Herman Wang and Lauren Holtmeier, for S&P Global. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Trump may target Iraq's oil sector with sanctions to counter Iranian influence: sources US President-elect Donald Trump's planned maximum pressure sanctions campaign on Iran may extend to […]
By Michael Knights, for the French Research Center on Iraq (CFRI). Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. The Trump Administration and Iraq: What Comes Next? The re-election of Donald Trump probably signals the commencement of a more assertive U.S. effort versus Iranian […]
