Read the latest news from regional and global sources, presenting different voices and perspectives.

EIA: Iraqi oil exports to US fall by 48,000 bpd
2025-07-13T06:39:19+00:00 font Enable Reading Mode A- A A+ Shafaq News – Baghdad/Washington The United States scaled back crude oil imports from Iraq last week, according to data released Sunday by the US Energy Information Administration (EIA)....

Iraq needs 3mln homes over 5 years, says government advisor
Iraq must construct between 2.5 and 3 million new housing units over the next five years to address its growing housing deficit, at an estimated cost of $80 to $100 billion, according to Mudher Mohammed Saleh, Financial Advisor to the Iraqi...
Iraqi Regulations: Essential Insights for Foreign Businesses in Iraq
From IDG Security: How Do Local Regulations Affect Foreign and Local Businesses Differently in Iraq? Iraq presents a unique and complex environment for businesses, with its blend of immense economic opportunities and intricate regulatory...

UK and France to Resume Storm Shadow/SCALP-EG Production
The United Kingdom and France announced on Jul. 9, 2025 that the production of the Storm Shadow/SCALP-EG ALCM (Air-Launched Cruise Missile) will resume in 2025. The weapon, used by both the UK’s RAF (Royal Air Force) and France’s FASF (French Air...

Baghdad Airport to Be Modernised in $600 Million Plan
Iraq’s Ministry of Transport has officially launched a major project to redevelop Baghdad International Airport, with an estimated investment ranging between $400 – $600 million. The project is being carried out through a public-private...

AAR (AIR) Q4 2025 Earnings Call Transcript
Image source: The Motley Fool. DATE Wednesday, July 16, 2025 at 5 p.m. ET CALL PARTICIPANTS Chairman, President and Chief Executive Officer — John Holmes Chief Financial Officer — Sean Gillen Vice President, Investor Relations — Denise Pacioni...

Iraq crude exports to US rise to 6.4 million barrels in June
2025-07-10T10:04:46+00:00 font Enable Reading Mode A- A A+ Shafaq News – Baghdad/Washington Iraq exported 6.433 million barrels of crude oil to the United States in June, up from 5.548 million in May, according to data from the US Energy...
Iraq Launches Najaf Refinery Expansion Project
By John Lee. Prime Minister Mohammed Shia Al-Sudani has laid the foundation stone for the expansion of the Najaf [Al-Ashraf] refinery, a strategic project that will increase refining capacity by 70,000 barrels per day. The ceremony, held on...

Industrial Exports Grow 8% in Q1 of 2025, Reaching JD 2.5 Billion
Jordan’s industrial exports grew by 8 percent during the first quarter of 2025 compared to the same period last year. According to statistical data from the Jordan Chamber of Industry, the Kingdom’s industrial exports during the first quarter of...

Iraq's oil reserves top 145 billion barrels, minister confirms
2025-07-09T23:45:53+00:00 font Enable Reading Mode A- A A+ Shafaq News – Vienna/Baghdad Iraq’s proven reserves have surpassed 145 billion barrels of crude oil and 132 trillion cubic feet of natural gas, Iraqi Deputy Prime Minister for Energy and...

Iraqi Airways Expands to 40 Flights Daily
Iraqi Airways has announced a significant increase in its flight operations, now running approximately 40 daily flights to a broad range of domestic and international destinations. This expansion highlights the airline’s ongoing commitment to...

ExxonMobil Nigeria Names New Chairman/Managing Director
Ejiofor Alike ExxonMobil has announced the appointment of Mr. Jagir Baxi as Chairman and Managing Director, and Lead Country Manager, of its affiliates in Nigeria. The affiliates include: Esso Exploration and Production Nigeria Limited; and Esso...

Production from Risha Gas Field to Be Increased to 75 Million Cubic Feet per Day
The Director General of the National Petroleum Company, Engineer Mohammad Al-Khasawneh, announced that the company is currently working to raise natural gas production from the Risha gas field to around 75 million cubic feet per day, up from the...

Iraq emerges as third-largest Arab oil refiner
2025-07-09T12:51:20+00:00 font Enable Reading Mode A- A A+ Shafaq News – Baghdad Iraq, OPEC’s second-largest oil producer, ranked third among Arab nations in refinery output for 2024, according to data from the Energy Research Unit (ERU). The...

Iraq appoints spokesperson for religious pilgrimage committees
2025-07-09T09:01:37+00:00 font Enable Reading Mode A- A A+ Shafaq News - Baghdad Iraq has appointed Maj. Gen. Muqdad Miri as the official spokesperson for the security and service committees managing the country’s major religious pilgrimages, a...
Iraq Launches $400-600m Tender to Develop Baghdad Airport
By John Lee. Iraq's Ministry of Transport has announced details of its project to develop Baghdad International Airport (BIAP) through a public-private partnership (PPP), in cooperation with the International Finance Corporation (IFC), a member of...

Iraq’s Kurdistan enjoys all-day state electricity
ARBIL: More than 30 percent of Iraq’s autonomous Kurdistan region now has 24-hour state electricity, authorities said Thursday, with plans to extend full coverage by the end of 2026. The northern region of Kurdistan has long promoted itself as a...

Azerbaijan-Israel and “neutrality” in Syria: diplomacy from the South Caucasus to the Middle East
Azerbaijan between Israel, Iran, Turkey, and Syria Recently, one of the new and attention-grabbing directions of Azerbaijan’s foreign policy has been its growing involvement in the Middle East, especially in Syria. While Azerbaijani diplomacy was...

Tillamook Air Museum to acquire Marine combat aircraft — and it is flying in
Published 8:54 pm Wednesday, July 16, 2025 A sailor directs an AV-8B Harrier from Marine Attack Squadron (VMA) 211 during flight operations aboard the amphibious assault ship USS Peleliu (LHA 5) in March 2014. Peleliu crew members were conducting...
Crude Oil Prices Remain Weak on Lack of Fresh Russian Sanctions
Offshore oil platform in ocean by Wirestock via iStock August WTI crude oil (CLQ25) today is down -0.48 (-0.72%), and August RBOB gasoline (RBQ25) is up +0.0152 (+0.70%). Crude oil prices continued to show weakness today after President Trump on...