The latest news on Iran – Iraq business – gas, oil & electricity Industries & more – brought to you by Iraq Business News
Due to concerns about the security of U.S. government personnel, on September 28, 2018, the Department of State ordered the departure of U.S. government personnel from the U.S. Consulate General in Basrah. In a statement, the State Department said: "Secretary of State Michael R. Pompeo [pictured] has made the determination to place Consulate Basrah on […]
By John Lee. The Iraqi Ministry of Transport has that the ferry between Al-Ashar Quay on the banks of the Shatt al-Arab in Basra and the Iranian port of Khorramshahr has resumed after a three-year suspension. Forty-six passengers travelled on the first service on Saturday. The Director of the General Company for Maritime Transport, Abdul […]
Iraq is negotiating with the U.S. for exemptions from the impending snap-back of sanctions against Iran, arguing that it could not cut consumption of Iranian electricity and natural gas immediately without suffering serious economic harm and social instability. An Iraqi delegation was in Washington last week seeking a waiver for its cross-border trade, meeting with […]
From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. US sanctions have made it too expensive for Iranian Shia Muslims to travel to Iraq to mark Ashoura. Ashoura is a day of remembrance, commemorating the death of Imam Hussein, a grandson of […]
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. Tension is rising in the conflict between embattled Iraqi Prime Minister Haider al-Abadi and the Popular Mobilization Units (PMU), as the United States and Iran vie for influence in the new government that lawmakers […]
From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Iraqis could finally be getting a working parliament. On Saturday, MPs elected a new speaker, ending months of political deadlock following May's election. But concern is growing that control of Iraq's politics may […]
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. Iraq's religious tourism suffers from US sanctions on Iran US economic sanctions on Iran are stemming the flow of religious tourists to neighboring Iraq, even as the Muslim holy month […]
Since late June, media has reported on wildfires in northern parts of Iraqi Kurdistan among the border with Turkey, along the border with Iran in the northeast and in the southeast of Iraq at the Hawizeh marshes, bordering Iran. A hazardous cocktail of climate change-induced increased summer heat, water shortages, military shelling of various armed […]
From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Iran's Revolutionary Guards Corps (IRGC) confirmed on Sunday that it had launched deadly missile attacks against Kurdish rebels in northern Iraq a day earlier. Rockets struck the headquarters of two Iranian Kurdish opposition […]
By Fazel Hawramy for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. Iraqi Kurds throw lifeline to Iranian Kurds as sanctions begin to bite As Washington tightens the screws on Iran with crippling sanctions to bring the ayatollahs to their knees, […]
By Salam Zidane for Al Monitor. Any views expressed here are those of the author, and do not necessarily reflect the views of Iraq Business News. The Iranian economy has spiraled out of control since a new set of US-enforced sanctions against trade with Iran went into force Aug. 7, as its currency value has been plummeting ever since while inflation rates are […]
By Ahmed Tabaqchali. Originally published by Iraq in Context; re-published by Iraq Business News with permission. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Current analysis of renewed Iran sanctions often overlooks the wider context of Iraq's regional trading relations. The extent of Iraq’s compliance with […]
