Read the latest news from regional and global sources, presenting different voices and perspectives.
PKK ends 50-year armed campaign with symbolic arms-laying ceremony in Iraq
AzerNews
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July 11, 2025
In a historic and unprecedented move, the PKK (Kurdistan Workers’ Party) officially ended its nearly five-decade armed struggle with a symbolic arms-laying ceremony held in Sulaymaniyah, within Iraq’s Kurdistan Regional Government (KRG), on July...
Iraq completes expansion of thermal power plant
Zawya
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Iraq has completed a project to expand a thermal power plant in the central Babylon governorate as part of ongoing plans to tackle persistent electricity shortages. The expansion will add 300 megawatts (MW) to Iraq’s power network following the...
IDC deploys Second Rig for 35-Well Project at Zubair Field
Iraq Business News
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July 17, 2025
By John Lee. The Iraqi Drilling Company (IDC) has deployed a second drilling rig, IDC-56, as part of the ongoing project to drill 35 oil wells at the Zubair oilfield. The project is being implemented under a contract with Italy's ENI, in...
OPEC+ increases production by 1.2 mln bpd in June exceeding plan by 1.82 mln bpd — IEA
TASS
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July 11, 2025
MOSCOW, July 11. /TASS/. OPEC+ countries participating in the agreement to reduce oil production increased output by 1.2 mln barrels per day (bpd) in June 2025 and exceeded the plan, taking into account voluntary restrictions and compensations, by...
Tabaqchali: Ten-Year Anniversary & a First Visit to Iraq
Iraq Business News
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July 10, 2025
By Ahmed Tabaqchali, Chief Strategist of AFC Iraq Fund. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. "Ten-year Anniversary & a First Visit to Iraq" The market, as measured by the...
Iraq Lifts Oil Output by 80,000 bpd Across Three Key Fields
Oil Price
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July 7, 2025
Iraq’s Dhi Qar Oil Company has raised oil production by a combined 80,000 barrels per day across three strategic southern fields, Nasiriyah, Gharraf, and Saba, IraqiNews reported on Monday, marking one of the country’s most significant boosts this...
OPEC+ Eyes Pause in Production Rises After September Surge
Arabian Post
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July 11, 2025
OPEC+ plans to finalise a 2.2 million-barrel-per-day supply restoration by September and is deliberating halting further production increases from October onwards, delegates have indicated. Source participants say the cartel has scheduled a final...
New tariff increases leave optical industry bracing for impact
Optometry Times
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July 10, 2025
With letters having recently been sent from the White House to several US trading partners about tariff increases set to take effect on August 1, The Vision Council has noted “significant implications for the optical industry’s international...
Hegseth orders major drone production surge to counter growing threats
Washington Examiner
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July 10, 2025
Secretary of Defense Pete Hegseth ordered the military to increase its production of small drones to meet the growing threats emerging worldwide.Hegseth released a memorandum outlining the policy on Thursday. In it, he said the policy goes “above...
Iraq launches 800-mln-USD oil refinery expansion project
Xinhua News Agency
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BAGHDAD, July 7 (Xinhua) -- Iraq launched Monday an 800-million-U.S. dollar expansion project of the al-Diwaniyah Refinery in the southern province of Diwaniyah. Iraqi Prime Minister Mohammed Shia' al-Sudani inaugurated the al-Diwaniyah Refinery...
Turkish military fails to explain deaths of 12 soldiers in Iraq cave operation
Nordic Monitor
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July 10, 2025
Levent Kenez/Stockholm The Turkish Armed Forces (TSK) have not provided a detailed or convincing account of the July 6 incident in which 12 soldiers including two officers died after being exposed to toxic gas inside a cave in northern Iraq....
What is the Strait of Hormuz and why is it so important for global shipping?
Detroit Star - Michigan
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During the recent conflict between Iran and Israel, Iran threatened to block the Strait of Hormuz, one of the world's major shipping routes. Would that be possible, and what effects would it have? The Strait of Hormuz is a choke point at the...
Iraq ranks 3rd largest market for Amman exports in 2025
Shafaq News
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2025-07-07T12:19:02+00:00 font Enable Reading Mode A- A A+ Shafaq News – Baghdad/Amman Iraq was the third-largest importer of goods from Amman’s industrial sector during the first half of 2025, according to data released Monday by the Amman...
Iraq to halt gasoline imports in 2025
Shafaq News
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2025-07-07T10:20:04+00:00 font Enable Reading Mode A- A A+ Shafaq News – Baghdad Iraq will end gasoline imports before the close of 2025, Prime Minister Mohammed Shia al-Sudani announced on Monday, citing expanded refining capacity and a...
Energy Demand Optimism and Houthi Rebel Attacks on Red Sea Shipping Boost Crude Prices
Yahoo Finance
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A sunset over a fuel tanker by Sebastian via Pixabay August WTI crude oil (CLQ25) today is up +0.59 (+0.88%), and August RBOB gasoline (RBQ25) is up +0.0243 (+1.15%). Oil prices today recovered from early losses and rallied to 2-week highs after...
Crude Oil Gains on Energy Demand Optimism
Yahoo Finance
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Floating oil rig in ocean by Keri Jackson via Pixabay August WTI crude oil (CLQ25) today is up +0.20 (+0.29%), and August RBOB gasoline (RBQ25) is up +0.0070 (+0.32%). Crude oil and gasoline prices extended this week's rally and posted 2-week...
Iraq prepares to select Grand Faw port operator
MEED
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July 7, 2025
Eleven international companies have bid for the contract Become a MEED subscriber for unlimited access to: Exclusive news, comment and analysis on the MENA region An unrivalled 20-year old archive Exclusive announcements on project news, bids,...
Turkey says gas exposure that killed 12 soldiers in Iraq's north was first of its kind
Bianet
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July 10, 2025
The National Defense Ministry has stated that last week’s fatal gas exposure that killed 12 soldiers during a cave search in northern Iraq was the first of its kind since the cross-border operations began in the region. In a press briefing today,...
Trump Reveals Latest Batch of Tariffs From Iraq to Philippines
Mint
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July 10, 2025
US President Donald Trump unveiled a new round of tariff demand letters on Wednesday with levies set to hit in August on imported goods from partners who fail to reach agreements with the US. Trump said he would levy a 30% rate on Algeria, Libya...
IMF issues Iraq Report: Forecasts Growth of 3.1%
Iraq Business News
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July 9, 2025
By John Lee. The International Monetary Fund (IMF) has said that Iraq's economy is facing considerable headwinds, with non-oil sector growth slowing from 13.8 percent in 2023 to an estimated 2.5 percent in 2024, impacted by reduced public...