Baghdad: Oil prices stabilized at their highest levels in over a week after US President Donald Trump escalated pressure on Iran by imposing further sanctions on ships transporting its oil and announcing the deployment of a naval fleet to the Middle E…
Basra: Basra Heavy and Basra Medium crude closed with gains last week due to military tensions in the region. Basra Heavy crude closed down 92 cents at $59.74 in its last trading session on Friday, but still recorded a weekly gain of 86 cents, or 1.46…
Baghdad: An economist has raised concerns over Iraq’s spending capacity, stating that while salaries for state employees are available, the country has reached its maximum budgetary spending capacity.
According to National Iraqi News Agency, Econom…
Baghdad: Nouri al-Maliki, head of the State of Law Coalition, met with a delegation from the Patriotic Union of Kurdistan (PUK) to discuss the importance of continuing consultations to expedite the election of the president. His media office stated th…