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The Iraqi Dinar Faces Renewed Pressure as the Dollar Continues to Rise in the Parallel Market

Concerns have returned to loom over local Iraqi markets with the recording of a new increase in the exchange rates of the US Dollar against the Iraqi Dinar, surpassing the 154,000 dinars per one hundr...

Agricultural Dependency: Iraq Tops the List of Grain Importers from Turkey's Aegean Region

Recent trade data has revealed a significant increase in Iraq's reliance on agricultural imports from neighboring countries, with Iraq topping the list of importers from Turkey's Aegean region, specif...

Exceptional Leap in Global Oil Prices Presents Iraq's Budget with New Challenges

Global energy markets experienced unprecedented turmoil following a sudden spike in crude oil prices by over 5%, driven by escalating security risks and the closure of strategic maritime corridors, sp...

IMF Issues Warnings Regarding a Sharp 6.8 Percent Contraction of the Iraqi Economy

In its latest Regional Economic Outlook report, the International Monetary Fund (IMF) issued a stern warning regarding Iraq's growth trajectory, projecting a severe economic contraction of up to 6.8%...

Strategic Trade Shifts: Reopening of the Rabia Border Crossing Between Iraq and Syria

The Iraqi economic landscape is witnessing a significant geo-strategic shift with the reopening of the Rabia border crossing with Syria, reflecting a serious move towards diversifying trade corridors...

Drone Attacks Target Iraqi Kurdistan Region

The Iraqi Kurdistan region was subjected to violent attacks using suicide drones and precision missiles. The bombing resulted in the deaths of three Iranian Kurdish opposition members in Erbil's subur...

Ongoing Political Deadlock Delays Iraqi Government Formation

The political deadlock in Iraq continues amid a total inability to choose a prime minister. The Coordination Framework corridors are witnessing sharp disputes preventing an acceptable compromise candi...

New US Sanctions Target Iraqi Faction Leaders

The US Treasury Department announced new financial sanctions against seven Iraqi leaders. The sanctions included prominent figures in armed factions like Kata'ib Hezbollah and Al-Nujaba. Washington ac...

Noticeable Surge in Food Prices in Iraq Amid Importation Challenges

Local markets in Iraq witnessed a fresh wave of price increases for essential food commodities between April 15 and 17, 2026, sparking widespread concern among the public and economic circles. Experts...

Diplomatic Tension Following Saudi Foreign Ministry's Summoning of Iraqi Ambassador in Riyadh

Iraqi-Gulf diplomatic relations experienced a highly sudden and unexpected shock on April 12, 2026, with severe repercussions continuing robustly into the middle of the month, immediately following th...

Ammar Al-Hakim: Iraq First, and External Wills Cannot Be Imposed on its Sovereign Decision

In a highly firm and decisive political speech delivered in mid-April 2026, the prominent leader of the National Wisdom Movement, Sayyid Ammar al-Hakim, strongly emphasized that the fundamental and un...

IMF Warns: Middle East Conflict Threatens Global Economy and Iraqi Oil Exports

The International Monetary Fund (IMF) and the World Bank issued a highly critical joint warning on April 14, 2026, regarding the potentially catastrophic repercussions of the ongoing conflict in the M...