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ECONOMIC IMPACT ON IRAQ
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 ...- FIFA 2026: France beat Paraguay with Mbappe penalty to reach World Cup quarter-finalsKylian Mbappe's second-half penalty secured France a hard-fought 1-0 victory over a resilient Paraguay in the World Cup last-16. Despite Pa...
- Indian refiners increase Russian and UAE oil imports ahead of Hormuz recoveryIndia's crude oil imports hit a milestone in June, as Russia emerged as the primary supplier, followed closely by the UAE's near-record imp...
- Iran's Revolutionary Guards set up covert Iraqi cells to attack Gulf neighbors, sources sayIran's Revolutionary Guard Corps has formed new secret groups in Iraq. These cells are carrying out drone attacks on Gulf nations like Kuwa...
- Ten reasons oil is still below $100 a barrelGlobal oil prices remain surprisingly low despite the ongoing war in Iran. China's drastic cut in oil imports is a major factor. Demand des...
- A very online Israeli army spokesman is the face of war for millions of ArabsAvichay Adraee, Israel's Arabic-speaking military spokesman, has become a prominent figure. He uses social media to issue warnings ahead of...
- AIIB announces USD 10 bn fund facility to support countries hit by West Asia conflictSupplementing AIIB's regular financing instruments, the facility offers a time-bound financing envelope of up to USD 10 billion over two ye...
- Trump's tough-talk foreign policy is hitting a wall with Iran as it grips Strait of HormuzDonald Trump has struggled to secure concessions from Iran despite threats, military pressure and repeated deadlines tied to Tehran’s nucle...
- Oil Price Today (May 18): Crude oil above $110 again as Iran war tensions deepen. Where is liquid gold headed?Oil prices climbed on Monday. Hopes for peace with Iran dimmed after an attack on a UAE nuclear plant. President Trump is reviewing militar...
- Crude oil surges 8% in a week to near $110 as Iran war tensions simmer again. Where are prices headed?Oil prices surged this week as U.S. President Trump and Iran's foreign minister exchanged remarks, dampening hopes for a near-term agreemen...
- Fuel price hike on the cards as India struggles to absorb soaring crude costsIndia is grappling with significant economic challenges due to elevated global fuel prices. The government has absorbed substantial daily l...
- Quote of the Day by Michael Moore: 'Capitalism means that a few people will do…'—Inspiring quotes by the American filmmaker best known for a series of controversial documentariesQuote of the Day: Filmmaker Michael Moore's powerful quote highlights how capitalism benefits a select few, leaving the rest to serve them....
- Why UAE stepped away from OPEC amid Iran war and soaring crude oil pricesUnited Arab Emirates has announced it will exit OPEC and OPEC+ effective May 1, delivering a fresh shock to an already strained global ener...
- UAE's OPEC exit may not hit oil markets, say executivesUAE’s planned exit from OPEC is unlikely to disrupt global oil markets despite its sizable output, say industry executives, though it may d...
- Why UAE left OPEC and what it means for global oil prices and supplyThe United Arab Emirates has exited OPEC and OPEC+. This move significantly weakens the oil cartel and its leader, Saudi Arabia. Analysts s...
- Global energy crisis soon? As Israel targets Iran’s South Pars gas field, oil prices may rise further to $200–$300 per barrel, warns Iraqi Minister. Here’s what happened in Middle East conflictIraq’s foreign minister warns that the conflict between Israel and Iran could push global oil prices to $200–$300 per barrel. A strike on I...
- Belt and Road Initiative in West Asia: A tool to secure China’s energy suppliesChina's insatiable hunger for energy resources places a high priority on importing energy from West Asia. As the world's largest oil import...
- Terrorist attacks have multi-year impact on growth: Moody'sIn a report, the agency said that besides hitting economic and investment growth, acts of terror hits government expenditure and pushes up ...
- West Asia situation to impact India's interest in the region: Defence MinistryThe ministry said extension of Syrian conflict in Iraq has serious ramifications for the region and India has expressed deep concern at the...
- Engineering exports to Iraq more than halved in MayEngineering goods exports to Iraq more than halved in May and have almost come to a halt due to ongoing clashes between govt forces & rebel...
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