Iraq News » Baghdad News Iraq » Baghdad » Finance: Iraq courts US oil giants to secure new export routes
Chevron and ConocoPhillips are pursuing different paths into Iraq’s oil sector, but the $60 billion in announced deals will mean little until contracts close and pipelines are built.
News Iraq » Baghdad » Finance: Iraq’s domestic public debt climbs to 113.5 trillion dinars in August 2026
Iraq’s domestic public debt reached 113.485 trillion IQD by late August 2026, marking a 25.4% expansion since late 2025 according to Central Bank data.
News Iraq » Baghdad » Finance: Baghdad Admits It's Short of Cash, Kurdistan Has Paid for It for Years
It is the same reality the Kurdistan Regional Government (KRG) has said for years, and the same reality Baghdad always denied or treated as a political pretext. The admission comes as the draft 2027 ...
News Iraq » Baghdad » Finance: Iraq’s dinar devaluation tests efforts to protect consumers from rising prices
Weaker currency has prompted concern among residents warning of rising living costs, while others stand to benefit from earning in dollars ...
News Iraq » Baghdad » Finance: Iraq says it will resume oil exports from the Kurdish region after a halt of more than 2 years
BAGHDAD (AP) — Iraq will resume exporting oil from the country's northern, semiautonomous Kurdish region through Turkey's Ceyhan port after exports had been halted for more than two years, officials ...
News Iraq » Baghdad » Finance: Iraq’s Finance Minister meets IMF leaders in Bangkok over economic challenges
Iraq’s Finance Minister Falih Al-Sari met with top International Monetary Fund officials in Bangkok as the government confronts mounting economic strain from the regional conflict and disruptions […] ...
News Iraq » Baghdad » Finance: Iraq’s Oil Lifeline Reopens — But Can Baghdad Trust Turkey for Even One Year?
With over 90% of Iraq's annual budget still coming from oil exports and historically around 95% of that crude shipped through the Strait of Hormuz, securing an alternative export route while the ...
News Iraq » Baghdad » Finance: Iraq devalues dinar to ease economic pressure
Under the new rates, the Central Bank will purchase U.S. dollars from the Ministry of Finance at 1,500 dinars per dollar and sell them to banks at 1,510 dinars. Banks will sell dollars to the public ...
News Iraq » Baghdad » Finance: Iraq Urges Iran to Reopen Hormuz for Oil Tankers
Iraq has asked Iran to facilitate the reopening of the Strait of Hormuz to Iraqi oil tankers as Baghdad faces mounting economic losses from the closure of the strategic waterway, a source said Monday.
News Iraq » Baghdad » Finance: Kurdistan Region PM Orders Push to Secure Peshmerga Financial Entitlements in Iraq’s 2027 Budget
Masrour Barzani directs the KRG Finance Ministry and negotiating team to seek equal salaries, allowances, training, equipment, and development funding for Peshmerga forces under Iraq’s federal budget ...