Two global companies plan to invest billions of dollars in Iraq’s energy sector.
2026-07-17
Shafaq News – Follow-up
CNBC reported on Friday that two oil and energy giants plan to invest billions of dollars in Iraq’s energy sector.
The network quoted sources in the two companies as saying that BP and ConocoPhillips will announce new investments worth billions of dollars in Iraq as part of the United States’ efforts to strengthen the Iraqi energy sector and reduce the dependence of countries in the region on routes threatened by Iranian disruption . Read more…
Iraqi Dinar Guru opinions 7-16-2026
7-16-2026 Newshound Guru Jeff The rate is not going to change while they’re in Washington DC right now…The cabinet has to be approved first. The government has to be completed…They clearly said multiple times the new government is the administration that walks Iraq into the next stage, next phase…The reason why the government remains incomplete is because they’re not ready to revalue exactly now. But they are ready to revalue in the near future…Completing the full government will take Iraq international and allow them to go international. That’s what you’re waiting to see…That’s the golden piece of this. Read more…
Hassan: Al-Zaidi carried out the anti-corruption campaign with a green light from the American administration.
7-16-2026
The Information Agency / Baghdad…
Luqman Hassan, a member of the Kurdish Azadi Movement, confirmed on Thursday that Prime Minister Ali al-Zaidi launched the anti-corruption campaign after receiving a green light from the US administration. He pointed out that the current campaign comes at a time when Washington is seeking to impose a new political reality on Iraq.
Hassan told the Information Agency, “The anti-corruption campaign launched by Prime Minister Ali al-Zaidi came with a green light from the US administration, especially since such an operation was not implemented under previous governments.” Read more…
Can Parliament intervene in al-Zaidi’s agreements with Washington? A legal expert explains.
7-16-2026
The legal expert Ali al-Tamimi clarified on Thursday the extent to which the Iraqi Parliament can intervene in agreements signed by Prime Minister Ali al-Zubaidi during his visit to the United States.
Speaking to Al-Maalomah, al-Tamimi stated, “The Prime Minister has the authority to sign executive agreements, contracts, and memoranda of understanding, according to Article (2) of the Law on Concluding Agreements No. (35) of 2015, and all of them become effective immediately upon signing.” Read more…
Al-Baiji: The treasury is empty, and the funds recovered from corrupt individuals will contribute to bridging the deficit.
7-16-2026
Information / Baghdad..
Mansour Al-Baiji, Deputy Head of the Reconstruction and Development Parliamentary Bloc, confirmed today, Thursday, that the state treasury is “empty”, indicating that all the money seized during the campaign to arrest corrupt individuals launched by Prime Minister Ali Al-Zaidi will go to the state treasury to cover the financial deficit.
Al-Baji stated to Al-Maalomah News Agency that “the treasury is empty, and all funds seized during the campaign to arrest corrupt officials launched by Prime Minister Ali al-Zaidi will go to the state treasury Read more…
Al-Abadi’s coalition confirms that consultations are continuing to complete Al-Zidi’s cabinet.
7-16-2026
The spokesperson for the Abadi Coalition, Aqeel al-Rudaini, confirmed on Thursday that all parties within the coordination framework share a serious and common desire to finalize the cabinet formation. He noted that understandings and consultations are ongoing among the political forces to resolve this issue.
Al-Rudaini told the Information Agency that “all parties within the coordination framework agree on the necessity of completing the cabinet formation, and there is a serious political will to finalize this matter Read more…
Dawn’s Charge: Al-Zaidi is coming from Washington to strike at the big bosses.
2026-07-16 06:40
Shafaq News – Baghdad
Iraqi Prime Minister Ali al-Zaidi intends to escalate the “Dawn Charge” anti-corruption campaign by expanding its scope to include influential political figures accused of corruption, immediately upon his return from his official visit to the United States next week.
Informed government sources told Shafaq News Agency that “the next phase of the campaign will witness, for the first time, the prosecution of prominent political figures with broad influence, Read more…
Iraqi oil loadings increased to 1.2 million barrels per day during the first half of July.
2026-07-16
Shafaq News – Follow-up
Data from Kpler and a source familiar with the matter showed on Thursday that Iraqi crude oil loading rates rose significantly during the first half of July, averaging around 1.2 million barrels per day, as exports accelerated after months of restrictions on shipping operations.
According to the data, the volume of Iraqi crude oil loadings has more than doubled compared to last month, an indication that exports are gradually recovering, according to Reuters. Read more…
Tomorrow, Iraq and the United States will sign the largest economic agreement in history.
2026-07-16
Shafaq News – Washington
Baghdad and Washington are preparing to sign the largest package of agreements and memoranda of understanding since the establishment of relations between the two countries, tomorrow, Friday, as part of the official visit of Prime Minister Ali al-Zubaidi to the United States.
According to a well-informed government source who spoke to Shafaq News Agency, the visit program will culminate in the signing of a wide range of agreements and memoranda Read more…
Amidst growing public discontent, Baghdad is seeking urgent solutions to the electricity crisis in Washington.
2026-07-16
Shafaq News – Baghdad/Washington
On Wednesday evening, Iraqi Electricity Minister Ali Saadi Wahib discussed the reality of the electricity sector in the country and the accumulated challenges it has been suffering from for years, during his reception of Victoria Taylor, director of the Iraq Initiative at the Atlantic Council, and her accompanying delegation, as part of his official visit to the United States of America with Prime Minister Ali al-Zaidi.
In a statement received by Shafaq News Agency, Wahib stressed the need to move to quick, practical and implementable solutions Read more…
Beyond diplomacy… Will Baghdad succeed in implementing the Washington agreements?
2026-07-16
Shafaq News – Baghdad
Iraqi Prime Minister Ali al-Zubaidi’s visit to the United States was not just a passing diplomatic meeting, but came at a pivotal time regionally and economically, in light of the challenges facing Iraq at the level of public finances, the need to attract investments, and the attempt to move from an economy that depends heavily on oil to a more diversified model based on production and investment partnerships.
The visit, which included a meeting between al-Zaidi and US President Donald Trump at the White House, had a main theme: shifting the Iraqi-American relationship from focusing on security issues to expanding economic and Read more…
India bans ship owners from sending their sailors through the Strait of Hormuz
2026-07-16
Shafaq News – New Delhi
New Delhi has banned ship owners, operators, and recruitment companies from sending Indian sailors on voyages through the Strait of Hormuz, amid renewed fighting in the region.
The Indian Directorate General of Shipping said in an order issued late Wednesday, ” The employment of Indian seamen on board vessels undertaking voyages involving passage through the Strait of Hormuz is prohibited until further orders are issued.” Read more…
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Annual inflation in Iraq fell to 3% in May; an expert explains the reasons.
2026-07-16
Shafaq News – Baghdad
Official data issued by the Iraqi Statistics and Geographic Information Systems Authority showed a decline in the annual inflation rate for last May to 3%, after it had recorded 4.3% in April of this year.
Commenting on this data, the head of the “Iraq Future” Foundation for Economic Research and Consulting, expert Manar Al-Obaidi, explained that this decrease is mainly due to the decline in prices of food commodities, vegetables, and fuel, despite a relative Read more…
84% of which is oil revenues… Iraq’s revenues exceed 33.7 trillion dinars by the end of May
2026-07-16
Shafaq News – Baghdad
Data from the Iraqi Ministry of Finance regarding the implementation of the federal budget up to the end of May 2026 showed that total revenues amounted to 33.747 trillion dinars, while oil revenues continued to dominate the state’s resources, constituting 84%.
According to data seen by Shafaq News Agency, oil revenues amounted to 27.270 trillion dinars, compared to 6.477 trillion dinars in non-oil revenues, equivalent to 16% of total revenues. Read more…
Hidden in black oil: Details of foiled smuggling attempt of weapons and missiles from Iraq to Syria
2026-07-16
Shafaq News – Baghdad
A senior Iraqi security source revealed on Thursday details of an operation to smuggle weapons and ammunition across the border into Syrian territory, after Damascus announced the seizure of the shipment and confirmed that its final destination was for the benefit of the Lebanese Hezbollah.
Information obtained by Shafaq News Agency indicates that a tanker left Iraqi territory by land about (9) days ago towards Syrian territory, after its official papers were presented as a shipment of “black oil”. The tanker’s mouth was closed and completely sealed by customs, with an indication that it was Read more…
Iraqi Dinar Guru opinions 7-15-2026
7-15-2026 Intel Guru Frank26 Question: “How long do you think it’ll take the float to go 1 to 1?” I don’t know but it’ll be quick. Not years. It’ll be quick, the supply and demand. When this happens…you’re going to see everybody, the man on the moon, will be talking about it. Because of that type of attention, oh my gosh, even whales and sharks would be willing to buy 1 million dinars now at $1 million because they know the potential of what is about to happen. They have a small window. They’ve got to move fast. Read more…
Al-Zaidi from the US Congress: We want to build balanced foreign relations and attract foreign investment.
2026-07-15
Shafaq News – Washington
Prime Minister Ali al-Zaidi affirmed on Wednesday that his government is moving towards building balanced foreign relations and working to enhance the environment that attracts foreign investment.
The Prime Minister’s Media Office stated in a statement received by Shafaq News Agency that Al-Zaidi met at the US Congress building with the Chairman of the Foreign Affairs Committee, Brian Mast, and members of the committee from both the Republican and Read more…
Politician: The anti-corruption campaign caught the small fish but didn’t reach the whales.
7-15-2026
Information/Baghdad…
Political analyst Ali al-Tawil believes that the Prime Minister’s anti-corruption campaign has targeted only small fry and failed to reach the major figures involved in corruption within the political process.
Al-Tawil told Al-Maalouma, “The anti-corruption campaign launched by Prime Minister Ali al-Zubaidi is still in the stage of catching small fry and has not yet reached the point of apprehending the big fish.”
He added, “There are major figures in the political process who have escaped Read more…
Due to suspicions of corruption, the bank accounts of leaders in the Progress Party have been frozen in Emirati banks.
7-15-2026
Information/Baghdad…
A responsible source in Anbar province reported on Tuesday that the US Federal Reserve has instructed banks in the UAE to freeze all accounts belonging to Iraqi officials until further notice.
The source told the Information Agency that “the US Federal Reserve has instructed banks in the UAE to freeze the deposits of Iraqi officials, including the head of the Progress Alliance, Mohammed al-Halbousi, the Speaker of Parliament, Haibat al-Halbousi, and leaders from Read more…
The US Department of Defense announces the end of the “international coalition” mission in Iraq at the end of next September.
7-15-2026
The US Department of Defense confirmed that the international coalition’s mission in Iraq will end at the end of September.
In a statement carried by the Al-Maalomah news agency, the department said that Secretary of Defense Pete Hegseth met at the Pentagon—following meetings in the Oval Office—with Iraqi Prime Minister Ali al-Zubaidi to discuss the international coalition’s efforts to defeat ISIS, the end of Operation Inherent Resolve’s mission in Iraq, and the future of Read more…
