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333 results for “Oil”
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US Diplomatic Engagement in Baghdad to Discuss Security, Energy, and Relations with the Kurdistan Region
The capital, Baghdad, witnessed a notable visit by a high-level US envoy, featuring a series of meetings with political and executive leaders to discuss restructuring mutual cooperation frameworks. Ac...
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Reports Reveal Anticipated Understandings to Release Frozen Iranian Assets and Ease Energy Restrictions
Informed sources have revealed a draft of ongoing understandings encompassing comprehensive financial and economic clauses that could lead to the release of billions of dollars in frozen financial ass...
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Reports of an Imminent US-Iran Agreement in Geneva to Lift Sanctions and Release Assets
Informed sources have revealed the potential for an upcoming agreement between the United States and Iran in Geneva, bringing together senior officials from both nations. The proposed draft agreement...
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Iraq's 2026 Budget Faces Risk of Postponement Amid Financial Challenges and Geopolitical Tensions Affecting Exports
The fate of Iraq's federal financial budget for 2026 remains shrouded in ambiguity amid significant economic challenges facing the country and declining certainty regarding oil revenues. Parliamentary...
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Amidst Regional Tensions: US Administration Praises Economic Indicators and Defends Strategic Decisions
The US President stated that recent economic indicators, including current inflation rates, are considered positive, following reports showing a rise in the Consumer Price Index. The President attribu...
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Ministry of Finance Announces Launch of Third Phase of Customs Automation Project Next Month
Minister of Finance, Faleh Sari, directed the launch of the third phase of the advanced electronic customs system project, "ASYCUDA," early next month, aiming to enhance the digital transformation pro...
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The Iraqi Government Moves to Bypass the 2026 Budget, Focusing on the 2027 Financial Plan
Informed government sources reported that executive authorities are moving toward drafting the general budget for 2027, bypassing an independent budget for 2026 due to time constraints and mounting te...
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Government Discussions with the World Bank to Strengthen Financial Reform Pathways
The Ministry of Finance has held extensive discussions with a high-level delegation from the World Bank to explore frameworks for technical and institutional cooperation aimed at supporting economic r...
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Government Strategies to Enhance the Dinar's Value and Expand Financial Inclusion to Curb Inflation
The Financial Advisory Office of the Prime Minister has unveiled a package of strategic measures aimed at preserving the purchasing power of the national currency and curbing inflation rates. Official...
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Military Escalation in the Strait of Hormuz: Washington Strikes Iranian Sites While Tehran Responds by Targeting Bases and Tankers
The Strait of Hormuz has witnessed a severe military escalation following the US military's announcement of precision strikes targeting Iranian coastal radar and surveillance sites, in response to the...
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National Ports Receive First Chinese Commercial Cargo Ship Directly via Strait of Hormuz
In a move reflecting the recovery of maritime navigation, national ports received the first commercial cargo ship arriving directly from the People's Republic of China via the Strait of Hormuz, follow...
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Parliamentary Inquiry into the Government's Economic Trajectory and Its Impact on the Public Sector and Low-Income Citizens
On Saturday (May 30, 2026), MP Saud Al-Saadi submitted an official parliamentary question to the Prime Minister regarding the government's current economic policies and their potential implications fo...