Rising Strait of Hormuz Shipping Risks Renew Concerns over Global Oil Supplies
global energy supplies intensified on Wednesday as attacks and threats against vessels con...
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Eco
Comprehensive coverage of the latest news and articles in the Eco section on Iraq News Summit. Follow us for continuous updates.
IMF Forecasts 19% Growth for Iraq in 2027, the Highest Rate Among Arab Economies
The International Monetary Fund (IMF) expects Iraq to lead Arab economies in economic grow...
Iraq’s Oil Revenues Fall 53% in Seven Months as Non-Oil Income Rises 23.5%
Iraq’s oil revenues declined by 53% during the first seven months of 2026 compared with th...
Basra Medium Crude Climbs to $108.93 per Barrel in September 2026
Basra Medium crude oil recorded a significant price increase in September 2026, with its a...
Iraq’s Oil Ministry Pushes to Accelerate Associated Gas Investment Project in Maysan
Iraq’s Deputy Oil Minister for Gas Affairs, Izzat Saber Ismail, has stressed the need to a...
Iraq Prepares to Launch First Commercial Sea Voyage from Jebel Ali to Basra After Decades-Long Hiatus
Iraq’s General Company for Maritime Transport, affiliated with the Ministry of Transport,...
Iraq Participates in OPEC+ Consultative Meeting on Global Oil Market Stability and Energy Security
Iraqi Oil Minister Bassem Mohammed Khudair Al-Abadi took part in the OPEC+ consultative me...
Iraqi Judiciary Announces Recovery of 4 Billion Dinars in Public Funds
Iraq’s Supreme Judicial Council announced the recovery of 4 billion Iraqi dinars in public...
Iraqi Government Warns of Economic Pressures Amid Regional Tensions
Iraqi government spokesperson Haider Al-Aboudi has warned that regional tensions are placi...
U.S. Crude Oil Imports from Iraq Fall to Zero as Overall Imports Rise
U.S. imports of Iraqi crude oil fell to zero barrels per day last week, down from 51,000 b...