By John Lee. Seven OPEC+ countries, including Iraq, have agreed to a production adjustment of 188,000 barrels per day (bpd) from the additional voluntary adjustments announced in April 2023, to be implemented in August 2026. The countries, Saudi Arabia, Russia, Iraq, Kuwait, Kazakhstan, Algeria, and Oman, met virtually on 5 July 2026 to review global […]
By John Lee. Seven OPEC+ member states have agreed to implement a combined production adjustment of 188,000 barrels per day (bpd) in July 2026, according to a statement from the group. The countries involved are Saudi Arabia, Russia, Iraq, Kuwait, Kazakhstan, Algeria, and Oman. The group met virtually on Saturday to review global market conditions. […]
By John Lee. According to Iraq's Ministry of Transport, Iraqi Airways has launched direct weekly flights from Baghdad to Tunis, operating every Thursday from 28th May. Direct flights between Baghdad and Muscat are also set to begin on 2nd June, providing a regular service to the Omani capital. (Source: Iraqi Ministry of Transport)
By John Lee. OPEC has announced that eight OPEC+ countries will implement a production adjustment of 206,000 barrels per day in May 2026, as part of ongoing efforts to stabilise global oil markets. The decision was taken during a virtual meeting on 5 April involving Saudi Arabia, Russia, Iraq, UAE, Kuwait, Kazakhstan, Algeria, and Oman. […]
By John Lee. Iraq participated via video link in a meeting of OPEC+ countries to review global oil market conditions and the production outlook. The group agreed to modestly increase oil production starting April 2026, adding 206,000 barrels per day, as part of a gradual unwinding of earlier voluntary output cuts, citing stable economic conditions […]
By John Lee. Iraq participated via video link in a meeting of OPEC+ countries to review global oil market conditions and the production outlook, as the group confirmed it will maintain its current production policy during early 2026. Full statement from OPEC: Saudi Arabia, Russia, Iraq, UAE, Kuwait, Kazakhstan, Algeria, and Oman reaffirm commitment to […]
By John Lee. Oman Air has launched its inaugural service to Copenhagen, operating via Baghdad, with the first flight departing on Saturday, 20th December, marking the airline's first direct engagement with both countries. A welcome ceremony at Baghdad International Airport was attended by Sheikh Mahmoud bin Muhanna Al Kharousi, Charge d'Affaires of the Sultanate of […]
By John Lee. Iraq's Ministry of Transport has announced the arrival of the first European aircraft at Baghdad International Airport (BIAP) in 35 years, marking a major milestone in the country's return to the European aviation network. The flight, operated by Aegean Airlines, Greece's national carrier, is running on the Baghdad-Athens-Baghdad route with two scheduled […]
By John Lee. Prime Minister Mohammed Shia Al-Sudani attended the Iraq-Oman Business Forum in Salalah on Thursday, accompanied by his ministerial delegation. He praised the organisers, noting that the visit lays the groundwork for genuine cooperation between the two countries, following the signing of 24 memoranda of understanding and two agreements across multiple sectors. Al-Sudani […]
By John Lee. On Wednesday, Iraqi Prime Minister Mohammed Shia Al-Sudani sponsored the signing of two agreements and 24 Memoranda of Understanding (MoUs) with the Sultanate of Oman, in the presence of Deputy Prime Minister for Energy Affairs and Minister of Oil, Hayan Abdul-Ghani Al-Sawad. The MoUs covered multiple fields, including energy and oil. They […]
By John Lee. The National Investment Commission (NIC) has hosted a high-level meeting with an Omani delegation to discuss the establishment of advanced international data centres and the transit of fibre optic cables in Iraq under an investment model. The meeting, chaired by NIC Chairman Dr Haider Mohammed Makiyya, was attended by Oman's Ambassador to […]
By John Lee. Zain Omantel International (ZOI) has announced a partnership with Iraq's Horizon Scope Telecom and the Iraqi Telecommunications and Information Company (ITPC), a government-owned company under the Iraqi Ministry of Telecommunications. This partnership enables ZOI to create a digital telecommunications corridor stretching from the Middle East to Europe through Iraq, offering alternative terrestrial […]
