By John Lee. The Iraqi government has reaffirmed its rejection of war and military escalation following attacks on Iraqi sites, during a security meeting chaired by Prime Minister Mohammed Shia Al-Sudani. The meeting, held at the Joint Operations Command headquarters, reviewed the security situation after several Iraqi locations were targeted, resulting in fatalities and injuries. […]
By Guest Blogger. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. The Iraqi Dinar Caught in the Crossfire: What a Trump-Iran Military Conflict Would Mean for Iraq's Currency The Middle East is once again on the edge. The United States has assembled its largest […]
By Clayton Seigle, for the Center for Strategic and International Studies (CSIS). Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. If Trump Strikes Iran: Mapping the Oil Disruption Scenarios President Donald Trump has hinted at potential military strikes unless Iran agrees to fully abandon […]
By John Lee. Iraq's Council of Ministers has authorised the Ministry of Electricity to contract Excelerate Energy for the construction of a floating platform to import liquefied natural gas (LNG). The decision forms part of ongoing efforts to establish a floating LNG import terminal and is based on Cabinet Decision No. 878 of 2025. In […]
By John Lee. US-based KBR has been awarded a major contract by Basra Oil Company (BOC) to provide Integrated Field Management Services (IFMS) for the Majnoon oil field in southern Iraq. Majnoon is one of the world's largest oil fields, with estimated reserves of more than 38 billion barrels. Under the IFMS contract, KBR will deliver: […]
By John Lee. Preliminary principles agreements have been signed covering the transfer and development of several oil fields in southern and central Iraq. The first agreement was signed between Basra Oil Company (BOC) and US oil major Chevron for the transfer of management of the West Qurna 2 field. A second agreement was signed between […]
By John Lee. Nouri Al-Maliki (pictured), head of the State of Law Coalition, has confirmed that he will not withdraw his candidacy for the post of Prime Minister, in remarks to Agence France-Presse (AFP) on Monday. He said that any US messages are directed to the Iraqi state rather than to him personally, and rejected […]
From Kurdistan24. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraq's Foreign Ministry Reveals US Warning of Sanctions if Nouri al-Maliki Returns as Premier Iraq's Foreign Ministry revealed a US warning of possible sanctions if Nouri al-Maliki returns as prime minister, as divisions deepen […]
By John Lee. The Central Bank of Iraq (CBI) has issued guidance to licensed banks and non-bank financial institutions clarifying that no distinction should be made between old and new US dollar banknote series in exchange transactions. The Bank stressed the need to limit practices involving differential exchange rates between various US dollar print editions, […]
By Dr Renad Mansour for Chatham House. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. What Nouri al-Maliki's prime minister bid tells us about Iraq The surprise return of the controversial former leader has revealed that Iraq is still a US-Iran battleground. Click here […]
By John Lee. General Dynamics Land Systems Inc., Sterling Heights, Michigan, was awarded a $11,994,680 modification (P00014) to contract W56HZV-21-C-0072 for contractor logistics support services to sustain M1A1SA Abrams tanks and M88A1/A2 recovery vehicles. The modification brings the total cumulative face value of the contract to $90,954,439. Work will be performed in Camp Taji, Iraq, […]
By John Lee. The US State Department last month approved a possible Foreign Military Sale to Iraq of of Very Small Aperture Terminals (VSATs) and related equipment. The estimated total cost is $110 million, and the principal contractor will be Network Innovations, of Frederick, Maryland. Full statement from US State Department: WASHINGTON, January 14, 2026 […]
