Read the latest news from regional and global sources, presenting different voices and perspectives.
Trump slaps new tariffs on Iraq, Libya, 5 other countries with a warning: ‘If you raise your tariffs…’
Mint
·
July 9, 2025
US President Donald J. Trump has sent formal letters to the heads of state of seven countries—Algeria, Brunei, Iraq, Libya, Moldova, Philippines, and Sri Lanka—announcing new tariffs on their exports to the United States starting August 1. The...
Iraqi PM Confirms Progress on New Cities
Iraq Business News
·
July 1, 2025
By John Lee. Iraqi Prime Minister Mohammed Shiaa Al-Sudani has confirmed that six new cities have been 'awarded for execution', with three more pending, as part of a broader plan to develop 60 new urban centres across the country. Speaking at a...
From burden to strategy: Iraq cuts debt, targets growth
Shafaq News
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Shafaq News – Baghdad Iraq is advancing a fiscal plan to reduce over $114B in public debt, aiming to enhance credit ratings, expand policy flexibility, and reallocate resources to long-term infrastructure development. Domestic debt edged down in...
Iraq to quadruple Umm Qasr port capacity
Zawya
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Iraq has launched plans to quadruple the capacity of the southern Umm Qasr port amidst an upturn in business. The move follows an announcement by Iraq’s General Company for Ports in Iraq (GCPI) about a master plan to establish Iraq as a regional...
Iraq Claims Top Spot Among OPEC Crude Suppliers to the U.S.
Oil Price
·
July 1, 2025
OPEC’s second-largest producer, Iraq, was the single biggest supplier of crude from the cartel to the United States in May, per data from the U.S. Energy Information Administration (EIA) cited by Iraqi media outlets Shafaq News and IraqiNews. Iraq...
Iraq Inks $118M Deal With US Firm Vectrus to Maintain F-16 Fleet
The Defense Post
·
July 1, 2025
Iraq has signed a $118-million contract with Vectrus Systems to support its F-16 fighter jets. The deal, under the US Foreign Military Sales program, covers base operations, life support, and related services. An initial payment of $57.8-million...
OPEC Holds Landmark Energy Seminar in Vienna
teleSUR
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July 9, 2025 Hour: 7:27 am From July 9 to 10, the Organization of the Petroleum Exporting Countries (OPEC) holds its 9th OPEC International Seminar, bringing global energy leaders to Vienna to discuss key industry issues and build up cooperation....
Iraq Claims Top Spot Among OPEC Crude Suppliers To The US
Zero Hedge
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Authored by Charles Kennedy via OilPrice.com, Iraq exported nearly 7 million barrels of crude to the U.S. in May, surpassing all other OPEC members. The surge in Iraqi shipments meets U.S. demand for heavier Middle Eastern crude grades amid OPEC+...
Iraq set to launch first LNG import terminal
Hellenic Shipping News
·
July 1, 2025
Iraq is moving closer to launching its first liquefied natural gas (LNG) import terminal as it advances negotiations with US-based Excelerate Energy, officials have said. Shafaq news agency quoted officials as saying the state-run South Gas...
Trump's trip to Scotland as his new golf course opens blurs politics and the family's business
WSBTV - Georgia
·
July 25, 2025
EDINBURGH, Scotland — (AP) — Lashed by cold winds and overlooking choppy, steel-gray North Sea waters, the breathtaking sand dunes of Scotland's northeastern coast rank among Donald Trump 's favorite spots on earth. "At some point, maybe in my...
Vallourec wins OCTG supply contracts for drilling operations in Iraq
Offshore Technology
·
July 9, 2025
Premium tubular solutions provider Vallourec has won two significant contracts to supply Oil Country Tubular Goods (OCTG) to CNOOC and PetroChina for their drilling operations in Iraq. These agreements, valued at more than $130m, will provide a...
Trump hits Iraq with 30% tariffs as he releases 7 new letters
Global News
·
July 9, 2025
President Donald Trump sent out tariff letters to seven smaller U.S. trading partners on Wednesday with a pledge to announce import taxes on other countries later in the day. None of the countries targeted in the first batch of letters — the...
Iraq’s Nasiriyah airport to be ready by year end
Zawya
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A Chinese company awarded a contract to build a civilian airport in the Southern Iraqi Nasiriyah city is expected to complete the project before the end of 2025. China State Construction Engineering Corporation (CSCEC) is building the airport in...
Iraq Enhances Energy Portfolio with Hadab Completion
Iraq International News Agency
·
July 1, 2025
Under the patronage of the Deputy Prime Minister for Energy Affairs and Minister of Oil, the Oil Exploration Company has successfully completed the 2D “Hadab” seismic survey programme in Nineveh Governorate. The project, carried out by the 8th...
DQOC Boosts Production with Integrated Development Plan
Iraq Business News
·
July 7, 2025
By John Lee. The Dhi Qar Oil Company (DQOC) has launched a comprehensive production plan to develop three key oil fields in Iraq's Dhi Qar province: Nasiriyah, Saba [Subba], and Garraf [Gharraf]. General Manager Sa'id Zgair Shalaka told the...
Rasheed Bank Launches Solar Energy Loans
Iraq Business News
·
July 7, 2025
By John Lee. State-owned Rasheed Bank has launched specialised loans for purchasing renewable energy systems, specifically solar panels, with financing provided directly by the Central Bank of Iraq (CBI). The initiative allows citizens and public...
Iraq denies disruption at Baiji refinery after drone incident
Shafaq News
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2025-07-01T10:30:40+00:00 font Enable Reading Mode A- A A+ Shafaq News – Saladin On Tuesday, Iraq’s Ministry of Oil denied reports that production had been suspended at the Baiji refinery in Saladin province following a drone incident near the...
Trump Announces New Tariffs Of Up To 30% On 7 Countries Including Sri Lanka, Iraq And Algeria
News18
·
July 9, 2025
Last Updated:July 09, 2025, 22:27 IST The new round of letters brings the total number of countries targeted under the latest tariff push to 20. US President Donald Trump (Reuters file photo)US President Donald Trump announced a new wave of...
Drop in Iranian Gas Cuts 3,800 MW from Iraq's Grid
Iraq Business News
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July 7, 2025
By John Lee. Iraq's Ministry of Electricity has confirmed a sharp decline in gas supplies from Iran, causing a loss of approximately 3,800 megawatts from the national power grid. According to Saad Fureih, Director of the Fuel Directorate at the...
OPEC+ Reaffirms Oil Market Strategy, Adjusting August Production
Iraq Business News
·
July 7, 2025
By John Lee. The eight OPEC+ countries, including Iraq, have reaffirmed their coordinated approach to oil market stability and announced a collective production adjustment for August 2025. In a virtual meeting held on 5 July, the group cited...