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Notable Decline in Iraqi Oil Prices in Global Markets Amid Drop in Benchmark Crudes

Iraqi oil prices recorded a tangible decline during daily trading in global markets. According to economic data, Basra Medium crude fell to $71.28 per barrel, while Basra Heavy crude dropped to $69.38...

Strait of Hormuz Turmoil Disrupts Iraqi Markets: How Maritime and Land Shipping Control Prices?

The head of the Diyala Chamber of Commerce affirmed that maritime and land transport form the backbone of Iraqi trade, while the impact of air shipping remains limited. He explained that over 50% of g...

Gold and Dollar Prices in Iraqi Local Markets

Gold prices in local markets witnessed stability, in conjunction with the continued rise of the US dollar exchange rates in the local market, while an ounce of gold recorded 4700 dollars.The selling p...

Iraqi Oil Prices Record Notable Rise in Global Markets

Iraqi oil prices recorded an increase during daily trading in global markets.According to official data, the price of Basra Medium crude rose to $118.99 per barrel, while the price of Basra Heavy crud...

Iraqi Oil Prices Stable in Global Markets

Iraqi oil prices recorded stability on Thursday (May 7, 2026) during daily trading in global markets.According to data, Basra Medium crude price stabilized at $123.57 per barrel, while Basra Heavy cru...

Iraqi Oil Prices Decline in Global Markets

Iraqi oil prices recorded a decline today, Monday (May 4, 2026), during weekly trading in the global market.According to market data, Basra Medium crude rose to $123.57 per barrel, while Basra Heavy c...

Gold Prices in Erbil Markets Stabilize at High Levels

Gold markets in the city of Erbil recorded a noticeable stability in prices on Saturday (May 2, 2026), while maintaining their high levels, according to official bulletins issued by the Jewelers Syndi...

With 70 Tankers: Iraq Opens Rabia Border Crossing for Crude Oil Exports to Regional Markets

The Border Ports Authority announced today, Friday (May 1, 2026), the launch of the first crude oil export operations through the Rabia border crossing, dispatching 70 tankers as an initial batch. Aut...

End of "Unrestricted Oil"?.. Radical Transformations Shake Energy Markets and Redraw Global Rules

Economic expert Ziyad Al-Hashimi warned today (Thursday, April 30, 2026) that the world may be facing a radical transformation in the nature of the global oil market, affirming that the current crisis...

Record Rise in Table Egg Prices Burdens Families and Markets.. Diyala Warns of Crisis Repercussions

The Chamber of Commerce in Diyala Governorate identified today (Thursday, April 30, 2026) three main factors behind the exceptional rise in table egg prices, which is the highest in years, while notin...

World Economic Outlook Report Warns of a New Inflation Wave Weakening Emerging Markets' Capacity

The latest International Monetary Fund report on the World Economic Outlook for 2026 has cast a shadow of concern over fiscal policymakers, projecting a slight resurgence in global inflation rates thi...

Gulf Stock Markets Rally Supported by Strong Corporate Earnings

Financial markets in the Arabian Gulf region witnessed a wave of collective gains, driven by positive financial results announced by major companies in the banking and petrochemical sectors. The influ...