Iraq's oil sector faces a dual crisis: stalled negotiations with the KRG over exports, and warnings from parliament of a ...

By bnm Gulf bureau The foreign-calculated sums are stark. Iraq's budget deficit will more than double from 4.2% of GDP this ...

The negotiations are seen as key to resolving a long-running political and budgetary dispute that has strained ties between Baghdad and Erbil.

The hearing follows a growing scandal over reports that Iranian crude is being covertly blended into Iraq’s oil exports under ...

ERBIL, Kurdistan Region - The United States on Tuesday urged both Baghdad and Erbil to resolve their long-standing financial ...

Iraq is fast-tracking a new floating LNG terminal tender, with a U.S. firm as the likely supplier, to address its deepening gas supply crisis and reduce reliance on Iranian imports.

The U.S. warns Iraq over Iranian oil smuggling, threatening sanctions on SOMO and freezing $350M in revenue. Iraqi MPs plan to summon the Oil Minister amid fears of an economic crisis, as over 90% of ...

Iraq’s oil minister said on Saturday that Erbil is demanding more oil for domestic consumption and this is delaying the ...

Despite weeks of intensive negotiations and multiple official visits between Baghdad and the Kurdistan Region, a final ...

Iraq's oil sector is reeling after four consecutive days of mystery drone strikes targeted key fields in the Kurdistan region. On July 17, both Norwegian-operated oil fields were bombed. U.S.-operated ...

Trump’s strategy appears to be twofold: pressure Tehran to negotiate and pull Iraq into the Western orbit, countering China and Russia’s growing regional roles.

The new EU sanctions include a lower oil price cap, the designation of the “biggest Rosneft refinery in India”, and measures ...