The latest news on Iran – Iraq business – gas, oil & electricity Industries & more – brought to you by Iraq Business News
From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Inside story: Amid 'witch-hunt' in Iraq, ex-PM considered as conduit in Iran Iraqi ex-prime minister Mustafa Al-Kadhimi (2020-22)-a key proponent and prior host of talks between Iran and Saudi Arabia-is seemingly under fire […]
By Suadad al-Salhy for Middle East Eye. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. How Iraq caused a currency crisis by paying Iran in dinars Desperate to avoid power shortages, Kadhimi's government gave Iran billions of dinars. US sanctions however mean it […]
Iraq's Minister of Electricity, Ali Fadel, has stated that his country is currently in the process of finalizing a contract to purchase gas from Iran in the summer season. In a recent interview with Iraqi News Agency, Fadel emphasized that Iraq needs 35,000 megawatts to ensure 24-hour electricity supply during the summer season. Currently, Iraq's […]
By Ashish Kumar Sen for the United States Institute of Peace (USIP). Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Fighting Corruption Harder than Fighting ISIS, Says Iraq's Deputy Prime Minister Fuad Hussein lays out Iraqi government's priorities, says Iraq's interests dictate its […]
By John Lee. The National Iranian South Oil Company (NISOC) has signed a memorandum of cooperation with Basra Oil Company (BOC). Alireza Daneshi, NISOC CEO, said: "This document paves the way for enhancing cooperation between Iran and Iraq in the field of oil and it is a good opportunity to strengthen the relationship between the […]
By Andrew Parasiliti for Al Monitor. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Iraqi foreign minister: It's in Iraq's interest to help reduce US-Iran tensions In exclusive interview with Al-Monitor, Fuad Hussein discusses US-Iraq economic relations, regional economic integration, and sanctions on […]
From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Inside story: Will visit to Iran reconcile Iraq's divided 'Shiite House'? When the Sadrist Movement in early January called for a mass "unified Friday prayer," there was some consternation among observers. As the […]
By Dr Aniseh Bassiri Tabrizi, for the Royal United Services Institute (RUSI). Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Can Iraq's New Prime Minister Achieve a Balanced Foreign Policy? The new Iraqi prime minister, Mohammad Shia al-Sudani, has been signalling his intention […]
By David Schenker, 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. Sudani's Wobbly Balancing Act Between Tehran and Washington Although it is still too early to write the prime minister off as an Iranian lackey, he […]
By Al Monitor staff. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Protests in Iraq amid local currency devaluation, Central Bank changes Restrictions from the US Federal Reserve, corruption, and Iraq's lack of an electronic banking system have all led to the dinar's […]
From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Inside story: Dollar crisis shifts winds in Iraq as US confronts Iran Iraq is reemerging as a battleground for Iran and the US as deadlock remains over the 2015 Iran nuclear deal, and […]
By John Lee. According to a report from the Wall Street Journal, Iraqis are blaming the slump in the value of the Iraqi dinar on a recent policy change by the U.S. Treasury Department and the Federal Reserve Bank of New York. It says the NY Fed began enforcing tighter controls on dollar transactions by […]
