Iraq's oil sector faces a dual crisis: stalled negotiations with the KRG over exports, and warnings from parliament of a ...

By bnm Gulf bureau The foreign-calculated sums are stark. Iraq's budget deficit will more than double from 4.2% of GDP this year to 9.2% by 2026, according to the International Monetary Fund. Oil ...

Despite weeks of intensive negotiations and multiple official visits between Baghdad and the Kurdistan Region, a final ...

The hearing follows a growing scandal over reports that Iranian crude is being covertly blended into Iraq’s oil exports under ...

The U.S. warns Iraq over Iranian oil smuggling, threatening sanctions on SOMO and freezing $350M in revenue. Iraqi MPs plan to summon the Oil Minister amid fears of an economic crisis, as over 90% of ...

ERBIL, Kurdistan Region - Iraq’s newly formed ministerial committee tasked with resolving outstanding disputes between Erbil ...

Iraqi Kurdistan is now experiencing a wider economic downturn, as the region’s limited private sector is also being affected by the salary crisis.

Hours later, the anti-terrorism department said the Baadre oil field, located in the Sheikhan district of Dohuk province, was ...

Turkey has proposed a new, broader energy cooperation deal to Iraq as their long-standing pipeline agreement nears expiration amid legal disputes and regional instability.

Oil prices rose $1 on Thursday after drones struck Iraqi Kurdistan oil fields for a fourth day, pointing to continued risk in ...

Turkey will seek a new deal with Iraq on an oil export pipeline between the two countries that's been idled for more than two ...

Iraq's oil ministry said on Thursday it holds the Kurdish regional government (KRG) legally responsible for the continued smuggling of oil from the Kurdish region outside the country.