Economy
Iraq Economy
Iraq’s SOMO grants fuel oil export contracts via Syria
Workers pump heavy crude into tanker trucks at the Qayarah oil field in Ninewa province, northern Iraq, May 8, 2023....
Iraq declares force majeure on foreign-run oil fields
An oil field in Iraq. Photo: Screengrab/Reuters video/iKurd.net BAGHDAD,— Iraq has declared force majeure on all oilfields run by foreign...
Iraq, Kurds agree to resume oil exports via Turkey’s Ceyhan port
Iraqi Oil Minister Hayan Abdel Ghani (center) in the Iraqi Parliament, March 17, 2026. Photo: ina.iq Iraq resumes crude exports...
Iraq says oil exports to turkey will bypass Kurdistan region
Iraqi oil minister Hayan Abdel Ghani, March 15, 2025. Photo: Iraqi Oil Ministry/via iKurd.net BAGHDAD,— Iraq plans to resume oil...
Under the Pillow Economy: Iraq’s Crisis of Trust in Banks
Illustrative image: A Kurdish man, Sulaimani, Iraqi Kurdistan. Photo: iKurd.net/ai. Iraq’s Cash Habit: Why Digital Payments Still Struggle to Take...
US threatens to withhold Iraq oil revenue over Iran influence
Iraqi oil worker at the Nahr Bin Omar natural gas facility, Basra, Iraq. Photo: AFP WASHINGTON,— The United States has...
Iraq plans to nationalize West Qurna 2 oilfield operations: government
Flames emerge from a pipeline at the oil fields in Basra, southern Iraq, July 25, 2016. Photo: Reuters BAGHDAD,— Iraq’s...
Iraq’s wheat self-sufficiency dream fades amid water crisis
A person walks along the edge of uncultivated farmland on the outskirts of Najaf, where dry soil stretches across fields...
Iraq and Kurdistan face fiscal challenges from massive government jobs
People protest in Sulaimani city against Iraq's Kurdistan Regional Government (KRG) over unpaid salaries and corruption, January 17, 2016. Photo:...
Iraq, Exxon sign deal to help develop large oilfield
An ExxonMobil worker at the job site. Photo: Exxonmobil.com BAGHDAD,— Exxon Mobil has signed a preliminary agreement with Iraq to...
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