IRAQI DINAR POLITICS & ECONOMY

Badr predicts the cabinet will be finalized within two days.

Badr predicts the cabinet will be finalized within two days.

5-12-2026

Information / Baghdad…
MP Qusay Abbas, from the Badr Bloc, indicated on Tuesday that the cabinet formation is likely to be finalized and presented to Parliament for a vote of confidence by the end of this week. He emphasized the continuation of intensive dialogues among Read more…

Tut reveals the formation of a parliamentary committee to review the draft government program and amend its provisions.

Tut reveals the formation of a parliamentary committee to review the draft government program and amend its provisions.

5-12-2026

The Information Agency / Baghdad…
Member of Parliament Iskandar Watout revealed on Tuesday that the Speaker of Parliament has issued a decision to form a specialized parliamentary committee to review the draft government program, following a wave of criticism that described the program as “a copy.”
Watout told the Information Agency that “the formed committee includes Read more…

Deputy Speaker of Parliament: The date for the session to grant confidence to the new Iraqi government is unknown.

Deputy Speaker of Parliament: The date for the session to grant confidence to the new Iraqi government is unknown.

2026-05-12

Shafaq News – Baghdad
Farhad Al-Atroushi, the deputy speaker of the Iraqi parliament, stated on Tuesday that the date for the parliamentary session to grant confidence to the new government is “unknown,” attributing this to the continued disputes and negotiations between Read more…

The Kurdistan Democratic Party expects a delay in the formation of the Iraqi government due to “regional and international interference”.

The Kurdistan Democratic Party expects a delay in the formation of the Iraqi government due to “regional and international interference”.

2026-05-12

Shafaq News – Khanaqin
The head of the Kurdistan Democratic Party bloc in the Iraqi parliament, Shakhwan Abdullah, predicted on Tuesday that the formation of the next federal government, headed by Prime Minister-designate Ali al-Zidi, would be postponed until next week, attributing the reason to Read more…

Warning: Iraq could lose part of its oil markets if the Strait of Hormuz remains closed for an extended period.

Warning: Iraq could lose part of its oil markets if the Strait of Hormuz remains closed for an extended period.

2026-05-12

Shafaq News – Baghdad
Economic expert Mohammed Al-Hassani warned on Tuesday of the repercussions of any prolonged closure of the Strait of Hormuz on Iraqi oil exports, stressing that Baghdad could face a partial loss of its traditional markets in Asia even after navigation returns to normal.

Al-Hassani told Shafaq News Agency that “Iraq relies heavily on Asian markets, Read more…

For the first time since the region’s unrest, Iraq resumes exporting gas condensates to global markets.

For the first time since the region’s unrest, Iraq resumes exporting gas condensates to global markets.

2026-05-12

Shafaq News – Baghdad
The Undersecretary of the Ministry of Oil for Gas Affairs, Izzat Saber Ismail, announced on Tuesday that the Basra Gas Company had successfully resumed loading and exporting a shipment of condensate, after a forced halt due to the repercussions of the unrest that accompanied shipping and export operations Read more…

The list of candidates for the “Sunni component” reaches Al-Zaydi’s hands… and Basra MPs threaten to boycott the “confidence vote”.

The list of candidates for the “Sunni component” reaches Al-Zaydi’s hands… and Basra MPs threaten to boycott the “confidence vote”.

2026-05-12

Shafaq News – Baghdad
Sources close to the “National Political Council” revealed on Tuesday that a number of Sunni political blocs and figures have submitted the names of candidates to fill ministerial positions in the anticipated government headed by Ali al-Zidi.

According to the sources, the Progress Party, led by Mohammed al-Halbousi, Read more…

Badr Bloc: Al-Zaydi will face failure if he does not present his cabinet on Thursday.

Badr Bloc: Al-Zaydi will face failure if he does not present his cabinet on Thursday.

2026-05-12

Shafaq News – Baghdad
MP Shaker Abu Turab Al-Tamimi, from the Badr parliamentary bloc, revealed on Tuesday that disagreements continue within the Coordination Framework forces regarding the distribution of ministries, warning that Prime Minister-designate Ali Al-Zidi will fail to form a government if he does not Read more…

Iraqi crude oil takes center stage amid rising global oil prices

Iraqi crude oil takes center stage amid rising global oil prices

2026-05-12

Shafaq News – Baghdad
Iraqi crude oil topped the list of gains in global oil markets on Tuesday, driven by rising futures contracts for most global and Arab crudes, amid continued volatility in global energy markets.

Basra Medium crude stood out among the highest-priced crudes in global and Arab markets, recording Read more…

Iraqi oil exports to the United States fell by half in one month.

Iraqi oil exports to the United States fell by half in one month.

2026-05-12

Shafaq News – Baghdad
The U.S. Energy Information Administration announced on Tuesday that Iraq’s crude oil exports to the United States have fallen by about half in one month.

The administration stated in a table seen by Shafaq News Agency that Iraq exported about Read more…

Baghdad completes funding for April salaries in the Kurdistan Region… Erbil reports a shortage in pension payments

Baghdad completes funding for April salaries in the Kurdistan Region… Erbil reports a shortage in pension payments

2026-05-12

Shafaq News – Baghdad / Erbil
The Iraqi Ministry of Finance deposited on Tuesday a sum of 298 billion dinars into the account of the Ministry of Finance and Economy in the Kurdistan Region to fund the salaries of employees and workers in the region’s public sector for the month of April.

According to information received by Shafaq News Agency, this amount was Read more…

Ministry of Defense: Our forces are continuing to monitor the desert areas and there is no trace of forces there.

Ministry of Defense: Our forces are continuing to monitor the desert areas and there is no trace of forces there.

2026-05-12

The Ministry of Defense confirmed on Tuesday that security forces are continuing to monitor desert areas and that there is no trace of foreign forces there. The Director of Media and Moral Guidance at the Ministry of Defense, Major General Tahsin al-Khafaji, told the official agency that “there is nothing to indicate that there is a military base or a military area or anything that indicates the possibility of the presence of elements of hostile military forces,” explaining that “the information was received Read more…

The President and the Speaker of Parliament stress the importance of expediting the formation of the government.

The President and the Speaker of Parliament stress the importance of expediting the formation of the government.

5-11-2026

Information/Baghdad…
On Monday, Speaker of Parliament Hebat al-Halbousi and President Nizar Amidi stressed the importance of cooperation and coordination among political forces to expedite the formation of the government.

The media office of the Speaker of Parliament stated in a statement received Read more…

A new convoy of Iraqi fuel oil has entered Syria in preparation for its export.

A new convoy of Iraqi fuel oil has entered Syria in preparation for its export.

2026-05-11

Shafaq News – Damascus
A new convoy of tankers loaded with Iraqi fuel arrived in Syrian territory on Monday, via the Rabia-Yarubiya border crossing in Hasakah Governorate, in preparation for exporting it to global markets.

Shafaq News Agency’s correspondent in Syria documented the crossing of Iraqi tankers on the international highway (M4 ) inside Read more…

95% of the government formation has been finalized… 48 crucial hours to determine the date of the confidence vote session

95% of the government formation has been finalized… 48 crucial hours to determine the date of the confidence vote session

5-11-2026

Information/Baghdad..
On Monday, Coordination Framework member Uday Abdul-Hadi confirmed that more than 95% of the paths for forming the government have been decided, noting that the next 48 hours will be crucial in determining the date for holding the confidence vote session Read more…

Al-Kalabi criticizes the performance of the Minister of Finance: Her policies have plunged Iraq into a “dark tunnel”.

Al-Kalabi criticizes the performance of the Minister of Finance: Her policies have plunged Iraq into a “dark tunnel”.

5-11-2026

Information/Baghdad..
On Monday, MP Youssef Al-Kalabi, a member of the parliamentary finance committee, attacked the performance of Finance Minister Taif Sami, describing her management of the economic file as a “crime” against the state and the citizen.

Al-Kalabi told Al-Maalouma News Agency that “the performance of the Minister of Finance was not up to the required Read more…

Established by Saddam: New details emerge about the Israeli base in the Najaf desert

Established by Saddam: New details emerge about the Israeli base in the Najaf desert

5-11-2026

Information/Follow-up…
Western media reports and previous Israeli statements have sparked a wave of speculation regarding the existence of a secret Israeli military base in the Iraqi desert, allegedly established in coordination with the United States to support military operations against Iran.
The Wall Street Journal reported recently that Read more…

Expert warns of economic “collapse”: Iraq’s exports have declined dangerously

Expert warns of economic “collapse”: Iraq’s exports have declined dangerously

5-11-2026

Information/Baghdad…
Economic expert Ahmed Al-Waeli warned on Monday of a “catastrophe” threatening the country due to the inability of alternative routes to compensate for lost oil exports. He emphasized that the new parliamentary trend of opening appointment files will exacerbate the financial Read more…

A member of parliament suggests that the cabinet will not be approved this week for this reason.

A member of parliament suggests that the cabinet will not be approved this week for this reason.

5-11-2026

Al-Maalomah/Baghdad…
Member of the Badr parliamentary bloc, MP Mukhtar al-Youssef, suggested on Monday that the cabinet would not be approved by parliament this week, attributing this to internal complexities and external pressures hindering the formation process.
Al-Youssef told Al-Maalomah News Agency, “Current indications suggest that Read more…

The cabinet reshuffle opens a new crisis… The new government is caught between the dilemma of political balance and the points system.

The cabinet reshuffle opens a new crisis… The new government is caught between the dilemma of political balance and the points system.

5-11-2026

Information/Report…
Political activity is accelerating in Baghdad, amid a race against time to form the new cabinet. Negotiations have entered a complex phase among political forces seeking to secure their shares of sovereign and service-oriented ministries. As the deadline approaches, technical and political complications have surfaced, hindering Read more…