Eco - MN iraq News

Eco 27 Jun 2026

Fluctuations in Crude Markets: Decline in Iraqi and Global Oil Prices Amid Market Volatility

Oil markets witnessed a decline in prices during daily trading, as both Iraqi and global oil prices recorded a noticeable drop. According to official...

Iraq Hints at Alternative Options if OPEC Does Not Increase Its Production Quota

Official sources in the Iraqi Ministry of Oil revealed that Baghdad might resort to exploring alternative options, potentially including a review of i...

The Scrap Trade in Iraq: Calls to Regulate Transport and Sales and Enhance Oversight

Scrap metal and industrial and military waste in Iraq have turned into a trade worth billions of dinars, sparking widespread controversy over the mech...

Oil Prices Continue to Decline as Global Supply Concerns Ease

Global crude oil prices have continued their downward trajectory, approaching levels seen prior to the recent geopolitical tensions, driven by easing...

Academic and Political Calls to Shift from Financial Centralization to Contractual Federalism for Sustainable Development

Recent economic reports have highlighted the ongoing dilemma of financial management in Iraq, pointing out that strict centralized policies adopted fo...

Economic Expert Outlines Challenges Hindering Foreign Investment Boom in Iraq

Economic experts have highlighted key factors obstructing a significant leap in Iraq's foreign investment sector, despite promising opportunities exte...

Navigation in the Strait of Hormuz Sees a Breakthrough Under an International Evacuation Plan for Stranded Ships

The UN's International Maritime Organization announced the passage of dozens of commercial ships through the Strait of Hormuz as part of an internatio...

United States Hints at Redirecting LNG Supplies Away from European Markets

The US administration has hinted at the possibility of redirecting liquefied natural gas (LNG) shipments away from the European continent if the Europ...

Economic Expert: Reliance on Oil is Insufficient to Achieve Sustainable Development in Iraq

Economic experts emphasized that increased oil production and higher export volumes do not automatically reflect on the citizens' standard of living,...

Fluctuation in US Dollar Exchange Rates Across Iraqi Local Markets

US dollar exchange rates have shown noticeable fluctuation in local markets across several Iraqi provinces. In the capital, Baghdad, the selling price...

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