The latest news on Iran – Iraq business – gas, oil & electricity Industries & more – brought to you by Iraq Business News
Iraqi officials said they have successfully carried out a plan to ensure the security of pilgrims converging on the holy city of Najaf, south of Iraq, to mark the martyrdom anniversary of Imam Ali (PBUH). In a statement on Monday, the central Euphrates operations command said the Iraqi security forces have managed to implement a […]
By Mustafa Saadoun for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. US grants Iraq reprieve to continue buying Iranian gas The United States has decided to grant Iraq a third 90-day sanctions waiver so it can continue to purchase gas from […]
Iraqi Foreign Minister Mohammad al-Hakim said his country would stand by the Iranian nation and government in the era of US sanctions against Tehran. Iraq stands with Iran and is willing to act as an intermediary between its neighbor and the United States, Hakim said on Saturday speaking in a press conference with his Iranian […]
From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Could Iraq be pulled into a conflict between the United States and Iran? The United States is raising the stakes against what it calls threats from Iran. President Donald Trump is sending an […]
Washington has exempted Baghdad from some of its unilateral sanctions against Tehran, allowing Iraq to continue importing energy from Iran, according to the US envoy to Baghdad. Baghdad can now buy energy from Iran, US charge d’affaires Joey Hood told reporters on Wednesday, Iran's Press TV reported. The waiver will allow Iraq to continue buying […]
Iraqi Prime Minister Adel abdul-Mahdi said on Tuesday that his country had prepared “strategic alternatives” for exporting oil in case a war erupted between the US and Iran, Anadolu reported. During his weekly press conference, he said: “It is important to deal with the North Iraq region and Turkey to find alternative ways to export […]
By Ranj Alaadin, Brookings Institution. The opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. How US-Iran tensions could disrupt Iraq’s fragile peace Tensions between the United States and Iran are escalating rapidly, particularly since U.S. warships were dispatched in response to reported threats against U.S. […]
By Aaron Majid, for Foreign Policy. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. These days, Tehran is having trouble getting what it wants from its neighbor—a development Washington can encourage by backing off. It almost goes without saying these days that Iran […]
By Joe Macaron for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. Will the Trump administration abort Iran’s land bridge to the Mediterranean? As the showdown between Washington and Tehran escalates elsewhere in the Gulf, Iran is giving high priority to an […]
By Adnan Abu Zeed for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. Iraqi factions a wild card in US-Iran blame game It's hard to tell what's really on the minds of Iranian and US officials in the flurry of words they've […]
By John Lee. Oil Minister Thamer Ghadhban (pictured) has reportedly said on Thursday that Iraq has contingency plans in place to cope with any stoppage of Iranian gas imports. His comments come as the US increases sanctions pressure on Iran. According to Reuters, Ghadhban added that he hopes no such disruption will take place. (Source: […]
An Iranian official said the exports of natural gas to Iraq are growing steadily and are expected to hit 40 million cubic meters a day in summer. Managing director of the Iranian Gas Engineering and Development Company (IGEDC) Hassan Montazer Torbati told Tasnim that Iran’s gas exports to Iraq are constantly increasing and nearing a […]
