The latest news on Iran – Iraq business – gas, oil & electricity Industries & more – brought to you by Iraq Business News
US Treasury Designates Vast Network of IRGC-QF Officials and Front Companies in Iraq, Iran The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) has designated 20 Iran- and Iraq-based front companies, senior officials, and business associates that provide support to or act for or on behalf of the Islamic Revolutionary Guards Corps-Qods […]
By Sara Allawi and Michael O'Hanlon for USA Today. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. The relationship between Iraq and the U.S. is in danger of collapse. That can't happen. Do the United States and Iraq, joined at the hip in tragic […]
By Ali Mamouri for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Iraq's latest prime minister-designate faces opposition from Iran-backed militias Iraqi President Barham Salih designated a former governor of Najaf, Adnan al-Zurfi, for the prime minister's post March 17. He has 30 days to […]
By Ali Mamouri for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Has war between Iran and US already started in Iraq? The United States launched airstrikes on several military bases of the Popular Mobilization Units (PMU) in southern Iraq early Friday. The strikes […]
Iranian Foreign Minister Mohammad Javad Zarif and his Iraqi counterpart, Mohamed Ali al-Hakim, stressed the need for joint measures to combat the new coronavirus, known as COVID-19. In a telephone conversation on Monday night, Zarif and Hakim exchanged views about a host of topics, including the latest developments in the region as well as ways […]
An Iranian official denied the “fake” reports about the closure of the common border with Iraq, saying Iranian trucks are exporting commodities to the Arab country via all border crossings without any problem. In an interview with Tasnim, chairman of the Iran-Iraq joint chamber of commerce, Yahya Al-e Eshaq, said Iranian trucks are exporting shipments […]
By John Lee. Deceptive shipping practices are reportedly being used in an attempt to conceal cargoes of sanctioned Iranian fuel oil being shipped via the Iraqi port of Khor al-Zubair. Writing in Lloyds List, Michelle Wiese Bockmann gives details of a network of shell companies running 'dark' tankers to transport the sanctioned fuel. Click here […]
By John Lee. Iraq has reported four new cases of coronavirus (covid-19), this time in Kirkuk province. In a statement, the Ministry of Health said the four were from the same family, and had recently returned from Iran. They have been placed in quarantine. According to Reuters, Iraq has indefinitely extended an entry ban on […]
From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Iraq is setting up quarantine areas aimed at preventing the spread of coronavirus from across the border with Iran. Neighbouring Iran has reported its sixth death from the disease. There are fears that […]
By Dr Renad Mansour, for the Royal Institute for International Affairs (Chatham House). Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. After Latest Turn, is Muqtada al-Sadr Losing Influence in Iraq? The populist cleric has repositioned himself in Iraqi politics multiple times, but his recent […]
By Bryant Harris for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. Iraq likely to continue importing Iranian natural gas under US waiver renewal Iraqi officials have indicated that the United States is likely to renew a key Iran sanctions waiver […]
By John Lee. The National Iranian Oil Company (NIOC) has agreed a $1.4-billion deal to develop two oilfields in Khuzestan, near the border with Iraq. The National Iranian South Oil Company (NISOC) and Iran's MAPNA Group signed a ten-year contract within the IPC framework, to improve the recovery rate, increase production and exploitation of the […]
