Iraqi Dinar Guru opinions 5-12-2026
5-12-2026 Exit Strategist Guru Thom SADR’S BOMBSHELL: “I WILL DISSOLVE MY MILITIA IF ALL FACTIONS DO THE SAME” Quote: “In a landmark May 8 statement, Muqtada al-Sadr announced he is prepared to hand Saraya al-Salam (his armed wing) to the Commander-in-Chief and dissolve the Promised Day Brigade — on the condition that all armed factions do the same…This is the most explicit disarmament offer from any Shia faction leader in the modern history of Iraqi politics.” SADR DISARMAMENT TRIGGERS DOMINO — SOME FACTIONS SAY YES, TWO SAY NO. Read more…
The US Department of Energy predicts a return to normal shipping in the Strait of Hormuz next month.
2026-05-12
Shafaq News – Washington
The US Department of Energy indicated on Tuesday that the Strait of Hormuz is likely to remain closed throughout this month, with navigation resuming in June.
The ministry said in a press statement: “We expect navigation in the Strait of Hormuz to return to pre-war levels Read more…
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Al-Moussawi: No date has been set for the ratification of Al-Zaidi’s government; crucial meetings are scheduled for today and tomorrow.
5-12-2026
Information/Special…
MP Mukhtar al-Moussawi confirmed on Tuesday that no date has yet been set for the parliamentary session to vote on Ali al-Zidi’s government, noting that important meetings will be held today and tomorrow to finalize political understandings.
Al-Moussawi told Al-Maalouma, “Until this moment, there is no official date Read more…
Al-Shammari: Attempts to bring back certain figures will not succeed, and the current stage requires new faces.
5-12-2026
Information/Special..
MP Mohammed Al-Shammari confirmed on Tuesday that any attempts to rearrange the political landscape in order to impose certain figures back on the forefront will not succeed, pointing to the need to move beyond the names that consumed the previous phase and caused Read more…
State of law: Oil and financial disputes may be postponed until after the vote on the cabinet.
5-12-2026
Information / Baghdad…
Imran Karkoush, a member of the State of Law Coalition, revealed on Tuesday the existence of deep disagreements among political blocs regarding the distribution of ministerial portfolios in the upcoming government. He also suggested that the decision on two sovereign ministries would likely be postponed Read more…
MP: Parliament intends to decide on committee chairmanships after the vote on the cabinet
5-12-2026
The Information Agency / Baghdad…
Member of Parliament Mukhtar al-Moussawi confirmed on Tuesday that Parliament will begin appointing the heads and deputies of parliamentary committees immediately after the vote on the cabinet, stressing the need to activate Read more…
Warnings against “ministers of failure”… Adai calls on Al-Zidi to confront the pressures of the blocs and appoint competent individuals to ministerial positions.
5-12-2026
Information / Baghdad…
MP Riyadh Adai warned the prime minister-designate on Tuesday against succumbing to pressure from certain political forces seeking to impose “incompetent” figures in the upcoming cabinet. He stressed the necessity of selecting professional ministers, free from the abhorrent Read more…
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.
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.
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…
Trump predicts the “collapse” of the Iranian economy: The conflict with Iran will be resolved without the need for haste.
2026-05-12
Shafaq News – Washington
US President Donald Trump predicted on Tuesday that the Iranian economy would “collapse” under the pressure of the blockade on its ports, while also asserting that the conflict with Iran would be resolved without the need for haste, especially since it is being isolated and deprived Read more…
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Iran threatens to enrich uranium to 90% if it is subjected to “new aggression”.
2026-05-12
Shafaq News – Tehran
Iran warned on Tuesday that it could raise its uranium enrichment level to 90% if it is attacked again.
Ibrahim Rezaei, spokesman for the National Security and Foreign Policy Committee of the Iranian Parliament, said in a post on the “X” platform that “one of the options available to Iran in the event Read more…
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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.
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.
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”.
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.
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
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.
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
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…
