Eco - MN iraq News

Eco 15 May 2026

Oil Prices Record a Notable Jump, with Brent Crude Surpassing the $108 Mark

Global oil markets have witnessed a tangible increase in prices, driven by the dynamics of supply and demand, as well as ongoing geopolitical concerns...

Maritime Data Shows Continued Passage of Oil and Gas Tankers Through Strait of Hormuz Despite Tensions

Maritime tracking data has shown that nine ships loaded with oil and gas have transited the Strait of Hormuz in recent days, indicating the continued...

Strait of Hormuz Disruptions Raise Shipping Costs and Destabilize Iraqi Markets

The head of the Diyala Chamber of Commerce confirmed that maritime and land transport form the backbone of Iraqi trade, with the ports of Basra receiv...

Economic Expert Warns of Worsening Living Conditions Due to New Taxes

An economic expert warned that current fiscal policies are placing Iraqi citizens at risk, noting that relying on domestic taxes and fees to address t...

Gold Prices Stabilize and Dollar Rises in Iraqi Markets

Gold prices in local markets witnessed stability, coinciding with the continued rise of the US dollar exchange rate in the local market. The ounce of...

Parliamentary Finance Committee Reassures Employees: Your Salaries Are Secured Until New Government Is Formed

The Parliamentary Finance Committee confirmed that employees' salaries are secured and the general budget is pending the formation of the government,...

Kurdistan Traffic Directorate Imposes Financial Fines for Littering in Streets

The Traffic Directorate in the Kurdistan Region announced the imposition of a financial fine of 40,000 dinars for throwing waste and garbage on roads...

Significant Rise in Iraqi Oil Prices in Global Markets

Iraqi oil prices recorded a noticeable rise during trading in global markets. The price of Basra Medium crude rose to reach $118.99 per barrel, while...

Ministry of Oil Follows Up on Strategic Pipeline Rehabilitation to Resume Exports via Ceyhan Port

The Ministry of Oil followed up on the rehabilitation works of Pipeline 46 designated for crude oil export through the Turkish port of Ceyhan, within...

Ministry of Finance Continues Implementing Requirements of National Integrity and Anti-Corruption Strategy

The Ministry of Finance announced its continued implementation of the requirements of the national strategy for integrity and combating corruption, un...

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