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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...

Basra Crude Prices See Significant Growth in Global Oil Trading

Iraqi oil prices have recorded a noticeable increase in global markets, with both medium and heavy Basra crude experiencing a significant rise in trading value per barrel. This surge occurs amid sligh...

Nine Oil and Gas Tankers Cross Strait of Hormuz Despite Regional Tensions

Navigational data reported that nine vessels loaded with oil and gas crossed the Strait of Hormuz recently, according to maritime tracking data. Sources indicated that the movement of oil and gas tank...

Shadow War Escalates in Gulf.. UAE Targeting Brings Washington-Tehran Conflict to Forefront

Strategic affairs expert Jasim Al-Gharabi affirmed today, Wednesday (May 6, 2026), that the recent escalation linked to targeting the United Arab Emirates reflects a clear return to the pattern of "in...

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...

Gold Declines Amid US-Iran Talks and Central Bank Decisions

Gold prices retreated as investors monitored developments in the Middle East conflict and the stalled peace talks between the United States and Iran, alongside anticipation of interest rate decisions...

Dollar Exchange Rate Stabilizes at 1,310 Dinars in Iraq's Official Transactions

The Central Bank of Iraq announced on Thursday, April 23, 2026, that the exchange rate of the U.S. dollar against the Iraqi dinar remained stable at 1,310 dinars per dollar, within the framework of th...

Iran Closes Strait of Hormuz, Escalating Regional Tensions

Iranian authorities announced the complete closure of the strategic Hormuz Strait. This sudden decision came in response to the ongoing US naval blockade. The Revolutionary Guards confirmed total cont...

Future Scenarios: What if the Strait Crisis Worsens?

Standard & Poor's economists developed future scenarios based on recent IMF data. In the worst-case scenario, if Middle East events lead to a total closure of the Strait of Hormuz, oil prices could to...

Monetary Policies in a Dilemma Between Curbing Inflation and Supporting Slowing Growth

According to Fitch Ratings, central banks face a real dilemma due to the fallout from the Middle East crisis. With oil prices igniting due to the Strait of Hormuz crisis, banks find themselves forced...

How are Gulf and Iraqi Economies Affected by Regional Complexities?

An analytical report by CNBC Arabia, based on IMF figures, stated that oil-exporting countries in the Middle East are experiencing an economic paradox. On one hand, their budgets benefit from high oil...

Significant Rise in Iraq's Gold and Foreign Currency Reserves

Recent data from international financial institutions showed a record rise in the Central Bank of Iraq's reserves of foreign currencies and gold, surpassing the $100 billion mark for the first time in...