An economist explains how to achieve fairness in the distribution of oil quotas within OPEC.
5-7-2026
Information/Baghdad…
Economic expert Dr. Safwan Qusay explained how to achieve fairness in the distribution of oil export quotas among OPEC member countries.
Qusay told Al-Maalouma, “Iraq has the green light to produce 4.7 million barrels of oil per day, with one million barrels consumed domestically, and is permitted to export Read more…
Al-Fahdawi: Movement to appoint vice presidents after the cabinet is finalized
5-7-2026
Al-Maalomah/Baghdad…
A leader in the Azm Alliance, Mohammed al-Fahdawi, confirmed on Thursday that the process of appointing vice presidents will officially proceed after the vote on the new cabinet, scheduled for next week.
Al-Fahdawi told Al-Maalomah News Agency, “The current political direction is towards appointing two Read more…
Al-Jazairi: Iraq has not received any international or regional objections to the appointment of Al-Zaidi.
5-7-2026
The head of the political body of the National Tribal Movement, Abdul Rahman al-Jazaeri, confirmed that Iraq has not received any international or regional objections to the appointment of al-Zaidi to form the new government. Al- Jazaeri told Al-Maalomah, “Despite objections to external directives and tweets, Iraq does not need this crisis. Therefore, the framework, as pursued wisely and rationally Read more…
Disagreements over ministerial portfolios persist… 3 factors delay the formation of the cabinet
5-7-2026
Information / Baghdad…
Jassim Mohammed Jaafar, a leader in the State of Law Coalition, suggested on Thursday that the vote on the cabinet would be postponed until after the Eid al-Adha holiday, attributing this to a number of practical and political reasons preventing it from being held in the near future.
Jaafar told the Information Agency, “There are indications that the vote will be Read more…
Will the Kurdistan Democratic Party participate in the vote on al-Zaidi’s government?
5-7-2026
Information/Baghdad…
A member of the Kurdistan Democratic Party (KDP), Mahma Khalil, announced today, Thursday, his party’s intention to attend the parliamentary session dedicated to voting on the government of Prime Minister-designate Ali al-Zaidi.
Khalil told Al-Maalouma, “The KDP will participate in the session to grant confidence to al-Zaidi’s cabinet,” explaining that “participation is aimed at Read more…
From oil to technology: Iraq is redrawing its international economic map
5-7-2026
Information/Report…
Amid escalating regional and international economic challenges, Baghdad is moving towards developing a new approach to managing its external economic portfolio. This approach is based on expanding its network of strategic agreements with international powers and emerging economic communities, in an effort to bolster internal stability and reduce vulnerability to geopolitical pressures.
This approach is not limited to the traditional trade dimension, but extends to Read more…
The coordination framework approves a new mechanism for regulating nominations in the upcoming cabinet.
5-7-2026
Information / Baghdad…
Saif al-Mansouri, a member of the Reconstruction and Development Coalition, revealed on Thursday that the technical committee within the coordination framework has approved the final mechanisms for distributing ministerial portfolios, emphasizing the adoption of the points system and electoral Read more…
The global economy is approaching $126 trillion, and Iraq ranks 56th globally.
5-7-2026
A recent report by Visual Capitalist, based on projections from the International Monetary Fund, reveals that the global economy is projected to reach approximately $126 trillion by 2026, with the majority of global output remaining concentrated in a limited number of major economies. According to
the report, Read more…
The Trebil border crossing receives a thousand trucks daily amid calls for its expansion.
2026-05-07
Shafaq News – Anbar
The mayor of Rutba district in Anbar province, Imad al-Rishawi, confirmed on Thursday that the Trebil border crossing is witnessing increasing commercial activity with the passage of about a thousand trucks daily, noting the need for the crossing to be urgently expanded to increase its capacity.
Al-Rishawi told Shafaq News Agency that the crossing receives trucks loaded Read more…
Pezeshkian after meeting Khamenei: No negotiations on Hormuz before the naval blockade is lifted
2026-05-07
Shafaq News – Tehran
Iranian President Masoud Pezeshkian announced on Thursday that he would meet with Supreme Leader Mojtaba Khamenei, while stressing that he would not enter into any negotiations with the United States regarding the Strait of Hormuz before the lifting of the naval blockade on Iran.
Pezeshkian said in press statements that his recent meeting with Mojtaba Khamenei lasted more than two hours in an atmosphere he described as Read more…
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The Zaidi government: “Inclusion of all” met with ambiguity regarding the names of ministers and warnings from the Fayli community.
2026-05-07
Shafaq News – Baghdad
“Everyone will participate in the government,” a phrase repeated by the Iraqi Prime Minister-designate Ali al-Zaidi during his recent meetings in Baghdad and Erbil, has become a prominent headline for a difficult political phase preceding the anticipated parliamentary session next week, which is expected to witness Read more…
Iran: We are ready to meet the needs of ships in the Strait of Hormuz
2026-05-07
Iran has announced its readiness to provide technical support and supplies to ships in the Strait of Hormuz and the region’s territorial waters. The Iranian Ports and Maritime Organization stated that the country’s ports are prepared to offer maritime services, technical support, supplies, and health and medical services to ships in the strait and territorial waters. The official Iranian news Read more…
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Iraqi Dinar Guru opinions 5-6-2026
5-6-2026 Newshound Guru Stephen The new prime minister is expediting the process of getting his entire cabinet seated. It’s supposed to be on the 27th of May. He’s actually going to have his entire cabinet seated and ready for vote before parliament by May 9th which is only a few days away… Read more…
Rule of law: The framework is geared towards an “organized government,” and al-Zaydi’s continued tenure depends on addressing the crises.
5-6-2026
Information / Baghdad…
Salah Boushi, a member of the State of Law Coalition, confirmed on Wednesday that the leaders of the coordination framework are moving towards forming an “organized government” that is free from political favors, noting that its success depends on turning agreements into tangible Read more…
The Democrat explains the nature of the positions and ministerial portfolios he will receive in Al-Zidi’s cabinet.
5-6-2026
Information/Baghdad…
Wafa Mohammed Karim, a member of the Kurdistan Democratic Party (KDP), confirmed that his party has secured the position of First Deputy Prime Minister, in addition to the Ministry of Foreign Affairs and another service ministry.
Karim told Al-Maalouma, “The names being circulated for the cabinet are only on social media; there are no confirmed names, especially within Read more…
An evening meeting of the framework was held with Al-Zaydi in attendance, and three “important” files were on the table for discussion.
2026-05-06
Shafaq News – Baghdad
An informed political source revealed on Wednesday that the leaders of the Coordination Framework will hold an evening meeting in the presence of Prime Minister-designate Ali al-Zidi to discuss the cabinet formation, oil exports in coordination with the Kurdistan Region, and mediation between Read more…
MP: Al-Zaydi will present 14 ministers to parliament next week and complete his cabinet after Hajj
2026-05-06
Shafaq News – Baghdad
MP Shaker Mahmoud Al-Tamimi, from the Badr bloc, revealed on Wednesday that Prime Minister-designate Ali Al-Zaidi will present 14 ministers from his cabinet to the House of Representatives next week, and will present the remaining ministers after Read more…
“Iraq is in a predicament”… More than 40 million barrels of its oil are stuck west of Hormuz
2026-05-06
Shafaq News – Baghdad
Recent shipping and market data has revealed large quantities of Iraqi crude oil piling up on tankers anchored west of the Strait of Hormuz, amid escalating attacks on ships and continued restrictions on navigation in the vital waterway.
According to shipping tracking data, there are about 163 million barrels of Gulf Read more…
The US Secretary of Defense calls al-Zaidi to discuss activating security cooperation.
2026-05-05
Shafaq News – Baghdad
On Wednesday, Prime Minister-designate Ali Faleh al-Zaidi received a phone call from US Secretary of Defense Pete Hegseth, who congratulated him on being tasked with forming the new government.
This was stated in an Iraqi government statement received by Shafaq News Read more…
Axios: Washington and Tehran are nearing an agreement to end the war.
2026-05-06
Shafaq News – Washington
US officials said on Wednesday that Washington and Tehran are close to reaching an agreement on a one-page memorandum to end the war.
According to Axios, citing US officials, “The United States expects a response Read more…
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