Iraq News » Erbil News Iraq » Erbil » Economy: Iraq’s 1,200-km. trade route could redraw the Middle East
Iraq has some reticence, in part because Iranian-backed militias in Iraq oppose the new government in Damascus. However, trade may prove more important than sectarian ideology.
News Iraq » Erbil » Economy: Iraq turns to Kurdistan pipeline as Iran war chokes oil exports and economy
Iraq has been largely cut off from the world’s oil market due to the Iran war, which has been considered a major problem for Baghdad because the country relies on oil exports. Iraq’s economy is also ...
News Iraq » Erbil » Economy: Iraq's oil collapse sparks race for new export routes
Baghdad is urgently trying to revive northern export routes through Turkey, including the Kirkuk-Ceyhan system and a new Kirkuk-Nineveh pipeline.
News Iraq » Erbil » Economy: Iraq's Economy Reels as Hormuz Blockade Chokes Oil Revenues
Iraq is seeing the worst of the Middle East crisis as its heavily oil-dependent economy is now collapsing with the trickling oil revenues amid the blockage of the Strait of Hormuz. Iraq, OPEC’s second ...
News Iraq » Erbil » Economy: Kurdistan Region President, Turkish Ambassador Discuss Iraq-Türkiye Relations, Regional Stability
The meeting further addressed the peace process in Türkiye and recent regional developments. Both sides agreed on the importance of resolving disputes through peaceful means and maintaining stability ...
News Iraq » Erbil » Economy: Iraq's Erbil in the crossfire with drones and power cuts
Air defences have shooting down drone attacks above Erbil in Iraq — Shvan HARKI As drones swarmed the skies above Iraq's Erbil and air defences streaked up to shoot them down, residents watched from ...