Iraq News » Basra News Iraq » Basra » Trade: Iraq emerges as Iran’s economic lifeline amid tighter US sanctions
Iraq’s close political and commercial ties with Iran, give Tehran access to trade routes, currency markets, and commercial networks that are difficult for US authorities to monitor.
News Iraq » Basra » Trade: Photos show daily life in Iraq's Basra near Iranian border as war slows trade
BASRA, Iraq (AP) — In Basra, southern Iraq, daily routines go on under the weight of the Iran war, as workers unload cargo at Umm Qasr Port and operations slow at the nearby Zubair oil field. At the ...
News Iraq » Basra » Trade: Basra’s dual power: How Iraqi state and militias vie for control within striking range of Kuwait
Caught in the crossfire of the Iran war, the province of Basra in Iraq's southern tip is home to militia groups that wield significant influence over the local economy. V-shaped and forming a wedge ...
News Iraq » Basra » Trade: US dollar exchange rates in Baghdad, Erbil, and Basra
Basra dollar rates reached 155,250 IQD per $100, while Baghdad held at 154,750 IQD and Erbil traded at 154,500 IQD on Sunday, Sept 6, 2026.
News Iraq » Basra » Trade: Iraq's Somo confirms Basrah tankers hit, oil ports shut
Two tankers were attacked in the ship-to-ship (STS) transfer zone off Basrah, Iraq's state oil marketer Somo said on 12 March, in the latest escalation targeting energy infrastructure and maritime ...