Economy
Iraq Economy
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...
Iraqi Kurdistan resumes oil exports to Turkey after two-year halt
Iraqi Kurdistan resumes oil export to Turkey, September 27, 2025. Photo: Screengrab/video/Rudaw TV ERBIL,— Crude exports from Iraq’s Kurdistan region...
Eight Kurdistan oil operators reach agreement with Baghdad
An Iraqi oil field. Photo: Ina.iq BAGHDAD,— Eight international oil companies operating in the Kurdistan Region of Iraq have reached...
Kurdistan did not deliver any oil to Iraq, SOMO says
Ali Nazar Faeq, Director General of the Iraqi Oil Marketing Company (SOMO), 2025. Photo: ina.iq BAGHDAD,— Iraq’s national oil marketing...
Turkey seeks new Iraq deal over halted Kurdistan oil pipeline
An oil field in Iraqi Kurdistan, 2024. Photo: Rudaw ANKARA,— Turkey still wants to restart oil flows through a pipeline...
Kurdistan agreed to hand over oil to SOMO, Iraq government says
Iraqi Prime Minister Mohammed Shia' Al-Sudani (left) holds a cabinet meeting in Baghdad, Iraq, on July 17, 2025. Photo: The...
Iraq calls on Kurdistan to hand over oil to the federal government
Iraqi oil minister Hayan Abdel Ghani, May 26, 2025. Photo: Ghani's Press Office/via iKurd.net BAGHDAD,— The Iraqi Oil Ministry has...
Iraq’s natural resources, including Kurdistan, worth over $16 trillion: official
Mazhar Mohammed Salih, advisor to Iraqi Prime Minister Mohammed Shia al-Sudani, May 2025. Photo: INA/ina.iq BAGHDAD,— Iraq holds natural resources...
Iraq’s foreign exchange reserves surpass $100 billion, central bank says
Central Bank of Iraq, Baghdad, August 15, 2023. Photo: Reuters BAGHDAD, — Iraq’s Central Bank said on Monday that its...
U.S. backs Kurdistan gas deals despite Iraq lawsuit
Iraqi Kurdistan caretaker Prime Minister Masrour Barzani (left) with U.S. Secretary of State Marco Rubio in Washington, D.C., May 23,...
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