Tag Archives | sanctions

Chevron "Moves to Take Over Russia's Most Prized Iraqi Oil Field"

By Simon Watkins, for OilPrice.com. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Chevron Moves to Take Over Russia's Most Prized Iraqi Oil Field Back in February, U.S. oil and gas giant Chevron signed four preliminary agreements with Iraq's Oil Ministry, which underscored that […]

Iraqi Bank Sanctioned for Alleged Iran Sanctions Evasion

By John Lee. The US Department of the Treasury has sanctioned Iraq-based International Development Bank for Investment and Finance (IDB) as part of an operation targeting Iran's international financial networks. According to the Treasury, IDB was designated under Executive Order 13902 for operating in the financial sector of the Iranian economy. The Treasury alleges that […]

Najaf Airport "to Reopen for Iranian Flights Within 24 Hours"

By John Lee. Najaf International Airport is to reopen for Iranian flights within 24 hours, according to Iraq's ambassador to Iran, Yasser Abd al-Zahra al-Hajjaj. He told the state-run Iraqi News Agency (INA) that no government decision had been taken to halt flights with Iran, and that the suspension was caused by foreign ground-handling companies […]

The US Power Play that Moscow & Beijing Didn't See Coming

By Simon Watkins, for OilPrice.com. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. The U.S. Power Play in Iraq That Moscow and Beijing Didn't See Coming As Russia remains occupied with its war in Ukraine, Iran focuses on defending its territory against U.S. and […]

Fly Baghdad Plans Comeback after US Sanctions Lifted

By Gavin Gibbon, 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. Fly Baghdad Plans Comeback after US Sanctions Lifted The target is to start operating before the end of the year, aiming for destinations in the GCC […]

Fly Baghdad Removed from US Sanctions List

By John Lee. Fly Baghdad, also known as Iraq Express, has been removed from the US Office of Foreign Assets Control (OFAC) Specially Designated Nationals (SDN) list. Two aircraft operated by the airline - tail numbers YI-BAF and YI-BAN - have also been delisted. The airline had been designated under the Specially Designated Global Terrorist […]

OCCRP: Iraq Intensifies Anti-Graft Drive

By Mujab Salaheddine, for OCCRP. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraq Intensifies Anti-Graft Drive with Dozens of High-Profile Arrests, Asset Seizures While the government's latest crackdown resulting in the arrest of top officials and the seizure of millions has won praise, […]