Business
08/07/2025

Asian Markets Steady Amid Trump’s Tariff Shifts; Oil Slips, Dollar Holds Gains

Asian stock markets showed resilience on Tuesday despite U.S. President Donald Trump's surprise move to impose higher tariffs on imports from 14 countries

  1. 1 Iraq’s Oil Exports Edge Up in June Despite Annual Decline
  2. 2 Iraqi Oil Exports to India Dip as Russia Retains Top Supplier Spot
  3. 3 APIKUR Says Demands Must Be Met and Remain Unchanged as It Awaits Iraqi PM’s Approval for Oil Exports
  4. 4 Iraq and OPEC+ Eye Swift Oil Output Boost Amid Market Share Push
  5. 5 U.S. Imposes New Sanctions on Iran and Hezbollah Officials Tied to Al-Qard al-Hassan Network
Traders work on the floor of the New York Stock Exchange (NYSE) at the in New York City on June 18, 2025. Oil prices dropped Wednesday as comments by President Donald Trump trimmed concerns about an imminent US intervention in the Israel-Iran conflict. Meanwhile, Wall Street's main indices advanced in late morning trading as investors also awaited the Federal Reserve rate decision, although they were mixed elsewhere. (Photo by TIMOTHY A. CLARY / AFP)

Oil Prices Steady as Geopolitical Risks Ease and OPEC+ Eyes Output Hike
Business
30/06/2025
In this Dec. 13, 2009 file photo, an Iraqi worker operates valves at the Rumaila oil refinery near the city of Basra, 550 kilometers (340 miles) southeast of Baghdad, Iraq. Photo: AP

Iraq Exports Over 100 Million Barrels of Oil in May, Earns $6.36 Billion
Business
25/06/2025
Traders work on the floor of the New York Stock Exchange (NYSE) at the in New York City on June 18, 2025. Oil prices dropped Wednesday as comments by President Donald Trump trimmed concerns about an imminent US intervention in the Israel-Iran conflict. Meanwhile, Wall Street's main indices advanced in late morning trading as investors also awaited the Federal Reserve rate decision, although they were mixed elsewhere. (Photo by TIMOTHY A. CLARY / AFP)

Markets Shaken as Trump Delays Decision on Joining Israel's War Against Iran
Business
20/06/2025
Iraq has agreed to reduce oil exports to 3.3 million barrels per day (bpd) after exceeding an OPEC quota [File: Asaad Niazi/AFP]

Oil Prices Climb Amid Iran-Israel Tensions and Fears of Supply Disruption
Business
18/06/2025
Part of Iran's Azadegan oil field southwest of Tehran, Iran. April 15,2008. Photo: AP

Oil and Gold Prices Surge as Israel-Iran Conflict Fuels Inflation Fears
Business
16/06/2025
Iraq has agreed to reduce oil exports to 3.3 million barrels per day (bpd) after exceeding an OPEC quota [File: Asaad Niazi/AFP]

Oil Prices Surge Amid U.S. Embassy Evacuation in Baghdad and Rising Middle East Tensions
Business
12/06/2025
Tesla cars are seen at a showroom for the US electric vehicle maker at a mall in the Changning district of Shanghai on February 25, 2025. (AFP)

Tesla Stock Surges in May Despite Slowing Sales in China and Europe as Musk Pledges Business Focus
Business
31/05/2025
US President Donald Trump is seen on a TV screen below a display showing the German Stock Market Index DAX at the stock exchange in Frankfurt, Germany, on April 3, 2025. (Photo by Daniel ROLAND / AFP)

Japan Unveils $15.5 Billion Support Package for SMEs Hit by U.S. Tariffs
Business
27/05/2025
The China-Central Asia gas pipeline in Turkmenistan. Photo: VCG

Iraqi Electricity Minister in Turkmenistan to Finalize Gas Deal Amid Iranian Transit Talks
Business
25/05/2025

Iran and Iraq Advance Key Rail Project to Boost Pilgrimage and Trade
Business
25/05/2025
Bitcoin buttons are displayed on a table at the Inside Bitcoins conference in Berlin on Wednesday, Feb. 12, 2014. Photo: AP
Business

Bitcoin Nears Record High at $107,000 as Crypto Market Surges

Bitcoin (BTC) is inching closer to its all-time high, reaching $107,000 on Wednesday afternoon—its highest level in over four months. 

21/05/2025
Kirkuk Governor Rebwar Taha speaks to reporters on May 15, 2025, about raising the wheat purchase price for farmers and the upcoming collection process. Photo: Channel8
Business

Governor Rebwar Taha Details New Measures to Boost Wheat Marketing and Farmer Benefits in Kirkuk

Kirkuk Governor Rebwar Taha said the issue of the low amount of wheat taken from Kurdish and Turkmen farmers has been resolved

15/05/2025
FILE - The logo of French video game publisher Ubisoft is pictured at the Paris games week in Paris. (AP Photo/Christophe Ena, File)
Business

Ubisoft Reports €159M Loss Despite Assassin’s Creed Success; Announces Major Restructuring

French video game giant Ubisoft has reported a net loss of €159 million ($178 million) for the 2024–25 fiscal year

15/05/2025
Business

Dana Gas Accelerates KM250 Expansion in Khor Mor, Targets First Gas by Q1 2026

UAE-based Dana Gas has announced that its KM250 gas field expansion in the Khor Mor area is advancing rapidly, with “first gas expected in the first quarter of 2026,” according to the company’s Q1 2025 financial report.

08/05/2025
Sabah Subhi, a member of the Iraqi Parliament's Oil and Gas Committee, speaking to Channel8 on April 7, 2025. Photo: Channel8
Business

Iraqi Oil and Gas Committee Member: KRG Won’t Accept Contract Changes, Oil Demand Hits 110,000 Barrels

According to Subhi, the domestic oil demand in the Kurdistan Region has grown from 54,000 to 110,000 barrels per day

07/05/2025
Electronic board displays stock prices of companies listed on the Tokyo Stock Exchange along a street in Tokyo on February 26, 2024.(Photo by Kazuhiro NOGI / AFP)
Business

Oil Prices Tumble as OPEC+ Ups Output Amid Oversupply Fears, Trump Trade Tensions Deepen Market Jitters

Oil prices slumped sharply on Monday after OPEC+ unexpectedly announced a production increase of 411,000 barrels per day for June

05/05/2025