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IRAQI OIL BUDGET
Explained: How the US controls Iraq's oil revenuesUS troops are set to leave their last bases in Iraq, but Washington will retain significant economic leverage through Iraq’s oil revenues, ...
Iraq PM to meet Trump in Washington under pressure over Iran tiesIraqi Prime Minister Ali al-Zaidi will meet US President Donald Trump in Washington on Tuesday, as the US administration piles pressure on ...
US wants 'concrete actions' on Iran from next Iraqi PMAmerica wants Iraq's new prime minister, Ali al-Zaidi, to take clear steps. These steps must separate the Iraqi state from Iran-backed arme...
West Asian countries close airspace, airlines forced to cancel flightsIsrael's El Al Airlines said it had suspended flights to and from Israel as did Air France KLM and budget carriers Ryanair and Wizz. Wizz s...
Funds from sanction waiver by US not to go into Iran: White HouseWhite House National Security Communications Advisor John Kirby clarified that funds from a US sanction waiver allowing Iraq to purchase en...
Curfew in Kirkuk: What sparked clashes between Kurds and Arabs in Iraq, resulting in 3 fatalities? How did the violence erupt?Kirkuk, a city in northern Iraq, has implemented a curfew in response to violent clashes between rival demonstrations involving Kurdish and...
A fragile partnership in Iraq tries to prevent IS revivalThe scene earlier this month in the small northern Iraqi farming village of Lheiban was a rare instance of coordination between the federal...
United States to announce troop drawdown from Iraq, but little is expected to changeMost of Iraq’s paramilitary units were formed in 2014 in response to a call by the country’s most revered Shiite cleric for Iraqis to mobil...
In Iraq, an old United States foe grows his political powerOver the past two years, Sadr's political organisation, the Sadrist Movement, has quietly come to dominate the apparatus of the Iraqi state...
Kuwait swears in new government amid mounting crisesPrime Minister Sheikh Sabah Al-Khaled Al Hamad Al Sabah swapped out four ministers whose selections had angered various lawmakers for less ...
Kuwait's emir Sheikh Sabah al-Ahmad Al-Sabah dies at age 91"With great sadness and sorrow, we mourn... the death of Sheikh Sabah al-Ahmad al-Jaber Al-Sabah, Emir of the State of Kuwait," said Sheikh...
Iraq appoints third PM-designate, after second withdrawsThe upheaval prolongs a leadership vacuum at the helm of the government amid a severe economic crisis and viral pandemic. In December, care...
What changed for market while you were sleepingThe outcome of the US Fed’s rate review meeting was on the expected lines, but Wall Street sank on overnight trade while crude oil continue...
The ISIS economy just got a huge boostThe biggest slice of the ISIS budget may come from taxing the "Caliphate's" population, a source of wealth for the group that's harder to c...
Oman oil minister criticises OPEC policy on prices, market shareOman is a small non-OPEC oil exporter which lacks the huge financial reserves that its Gulf neighbours can use to ride out low energy price...
Oil falls on global glut even as US growth picks up momentumBrent crude declined as much as 2.9% in London, extending this year’s decline to 46%. Opec will have to “step in” if prices continue to fal...
- Iraq's 08 oil revenues about $60 billion
An Iraqi oil official says the country's oil revenues were up over 30 per cent last year to about $60 billion despite the sharp decline in ...
- Oil rises above $71 on expectations of OPEC cut
Oil prices bounced back above $71 a barrel Friday as OPEC weighed an emergency production cut to stem crude's stunning collapse.
- Gulf nations grapple with oil price slump
Vast, oil-fuelled budget surpluses may cushion some of the Middle East’s major oil-producing countries, now that crude prices have plummete...
- 'US struggling to ensure Iraq takes control of rebuilding projects'
The United States is struggling to turn over to Iraq control of many of its reconstruction projects after spending tens of billions of doll...