The latest news on Iran – Iraq business – gas, oil & electricity Industries & more – brought to you by Iraq Business News
By James Drummond, for Arabian Gulf Business Insight (AGBI). Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Iraq urgently needs to find ways of getting its oil to market Iraq is planning to triple crude oil export volumes via pipeline, according to the […]
By Munqith Dagher, 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. Iraq's Militias are Fracturing as Iran Turns from Theocracy to Juntocracy The Iranian regime under new Supreme Leader Mojtaba Khamenei is now functionally, even structurally, different from the […]
By John Lee. A cargo vessel operated by Mediterranean Shipping Company (MSC) was struck by two projectiles near Umm Qasr on 1st June, according to the United Kingdom Maritime Trade Operations (UKMTO) Centre and MSC. The vessel, the MSC Sariska V, was departing port when the first projectile hit while the pilot was still onboard; […]
From Arabian Gulf Business Insight (AGBI). Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Investors back Iraq's long-term potential Iraq has been dragged into the Iran conflict and had its economic lifeline threatened by the disruption of oil exports through the Strait of […]
By John Lee. According to Iran's Tasnim news agency, an oil tanker named Agios Fanourios I crossed the Strait of Hormuz on Sunday, following a route designated by Iranian authorities and after coordinating with Tehran. The Malta-flagged vessel, which is carrying Iraqi crude oil, is now in the Gulf of Oman and heading for the […]
From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Deep Dive: Does young new PM-designate portend shift in Iran-US balance in Iraq? After months of deadlock, Iraq's ruling Shiite Coordination framework has secured 41-year-old businessman Ali Al-Zaidi as prime minister-designate. The April […]
By John Lee. The US Treasury Department's Office of Foreign Assets Control (OFAC) has designated Iraq's Deputy Minister of Oil, Ali Maarij Al-Bahadly, along with several other individuals and businesses, as part of a sanctions action targeting what it describes as the exploitation of Iraq's oil sector to benefit Iran and Iran-aligned militias. The Treasury said […]
From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Shiite alliance taps wealthy entrepreneur as Iraq's youngest PM-designate Iraqi President Nizar Amedi has tasked 41-year-old businessman Ali Al-Zaidi with forming a government, making him the country's youngest prime minister-designate. The surprise choice […]
By Winthrop M. Rodgers, Chatham House. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Political Deadlock has Left Iraq's Kurdistan Region Dangerously Exposed amid Iran War The stalemate over government formation is affecting the semi-autonomous region's ability to deal with the fallout of the […]
By John Lee. A temporary opening has been announced for the Hamrin concrete bridge in Diyala province, following completion of 90 percent of construction works. According to the Ministry of Construction, Housing, Municipalities and Public Works, the decision was taken to facilitate movement after rising water levels in the nearby lake caused damage to an […]
By Winthrop Rodgers, for Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Amid US inaction over Iranian fire, will Iraqi Kurds look to Ukraine for defenses? While Washington has failed to heed calls to supply advanced air defenses directly to the Kurdistan […]
By John Lee. Rewards for Justice (RFJ), the US Department of State's national security rewards program, has offered a reward of up to $10 million for information on the leader of Kata'ib Hizballah (KH), Ahmad al-Hamidawi. The Department of State designated al-Hamidawi as a Specially Designated Global Terrorist (SDGT) in 2020. Full statement from Rewards […]
