Iraqi oil exports recover 71% of their level; expert: “SOMO has adapted”
2026-09-02
Shafaq News – Follow-up
Two Iraqi energy officials said on Wednesday that Iraqi oil exports rose to about 2.34 million barrels per day in August, compared to about 1.35 million barrels per day in July 2026, which an economist considered “SOMO’s success in adapting.”
Preliminary data from oil shipment tracking firms Vortexa and Kpler showed that Iraq’s crude oil exports rose in August Read more…
A technical glitch halts electronic financial payments across all distribution outlets in Iraq.
2026-09-02 08:00
Shafaq News – Baghdad
A government source reported on Wednesday evening that all electronic financial payment outlets across the Iraqi governorates have stopped, leading to the disruption of salary payments to employees, retirees, and beneficiaries of social protection networks through distribution outlets.
The source told Shafaq News Agency that “a sudden technical malfunction affected the electronic payment system, causing all outlets to stop carrying out withdrawal and disbursement Read more…
Stephen Fagin returns to Baghdad as US chargé d’affaires
2026-09-02
Shafaq News – Baghdad
The US Embassy in Baghdad announced on Wednesday that Steven Fagin is returning to Iraq to assume the position of Chargé d’Affaires at the US Mission to Iraq, succeeding Joshua Harris, who has completed his duties in Baghdad.
The embassy said in a statement, which was received by Shafaq News Agency, that Fagin had previously served as the US ambassador to Yemen, and before that as chargé d’affaires and deputy chief of mission in Baghdad, in addition to the position of consul general in Erbil. Read more…
The dollar surpasses 220,000 tomans… The Iranian currency plunges to a new historic low.
2026-09-02
Shafaq News – Tehran
On Wednesday, the Iranian currency continued its collapse against foreign currencies, recording a new record low, with the price of the US dollar exceeding the 220,000 toman mark in the free market, at a time when the upward wave extended to gold and other major currencies.
According to market data, the dollar reached about 220,000 tomans, after having exceeded the level of 210,000 tomans just two days ago, reflecting the accelerating pace of the decline Read more…
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Washington: Tuesday’s attacks targeted 100 Iranian targets, including two oil tankers for the first time.
2026-09-02
Shafaq News – Washington
American media revealed on Wednesday that the United States has begun implementing a new military policy against Iran based on the principle of “tanker for tanker,” after the US military targeted two Iranian government oil tankers for the first time in response to attacks targeting shipping in the Strait of Hormuz.
Axios quoted US officials as saying that US forces targeted the two tankers during a wave of strikes carried out on Read more…
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America warns its citizens in Iraq of an “unexpected escalation” in the region
2026-09-02
Shafaq News – Baghdad / Erbil
The US Embassy in Baghdad and its Consulate General in Erbil issued a security warning to American citizens on Wednesday morning, coinciding with escalating security tensions in the Middle East following the exchange of military strikes between Washington and Tehran.
The embassy said in a statement that “due to tensions in the Middle East, the security environment remains complex with the potential for unexpected escalation.” Read more…
Iraqi oil maintains its levels above $80 despite a slight decline
2026-09-02
Shafaq News – Baghdad
Prices for Basra Heavy and Medium crude oils fell slightly on Wednesday, despite the surge in global and regional oil prices.
According to global oil data, the price of Basra Heavy crude fell by 9 cents to $80.34 a barrel, a decrease of 0.11%, while Basra Medium crude fell by the same amount to $83.64 a barrel, also a decrease of 0.11%. Read more…
Iraqi Finance Ministry: More than 44 trillion dinars spent on employee salaries and welfare in the first half of 2026
2026-09-02
Shafaq News – Baghdad
The average monthly expenditure on employee salaries and social welfare programs in Iraq reached approximately 7.438 trillion dinars during the first six months of the current year 2026, according to cumulative expenditure data for the first half of the year.
Data from the Ministry of Finance, reviewed by Shafaq News Agency, showed that total spending on employee compensation amounted to about 30.769 trillion dinars during the first half Read more…
American expert: Washington’s withdrawal from Iraq does not mean a decline in its influence in the region.
2026-09-02
Shafaq News – Washington/ Mustafa Hashim
Boston University political science assistant professor Marsin Alshamary confirmed on Wednesday that the United States is serious about ending its military mission in Iraq and moving towards a bilateral security partnership, noting at the same time that the withdrawal of troops does not represent a decline in the overall American military influence and presence in the Middle East. Read more…
Iraq, Turkey, and Syria are laying out the implementation plan for the Fishkhabur-Ovakoy border crossing and development road.
2026-09-02
Shafaq News – Baghdad / Ankara
An official Iraqi delegation, headed by the Chairman of the Border Ports Authority, Lieutenant General Omar Al-Waeli, discussed in the Turkish capital, Ankara, the files of transport, border connectivity, trade and transit, foremost among them the executive procedures to activate the “Fishkhabur-Ovakoy” crossing and link it to the vital development road project.
A statement issued by Al-Waili’s media office stated that the talks, in which the directors of land transport and Read more…
US Treasury Secretary: We will sever Iran’s ties with the world and target anyone who deals with it.
2026-09-02
Shafaq News – Washington
US Treasury Secretary Scott Bisent confirmed on Wednesday that the United States is proceeding with tightening sanctions on Iran, vowing to target any entity that deals with or supports the Iranian regime.
In remarks to Fox News, Bessent said his message to everyone is to “stay away from Iran,” stressing that the United States “will cut off every link that connects the Iranian regime to the world” and will target any entity that deals with it. Read more…
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Al-Hakim: The state is no longer able to make appointments… and more than 8 million people receive salaries in Iraq.
2026-09-02
Shafaq News – Diwaniyah
The head of the National State Forces Alliance, Ammar al-Hakim, confirmed on Wednesday that the general budget has reached “the point of saturation” and the state’s absorptive capacity is no longer able to make appointments, noting that there are more than 8 million people receiving salaries, financial grants and social welfare.
Al-Hakim said during a press conference he held at the conclusion of his visit Read more…
Conditions for weapons: Factions open negotiations with the tripartite framework committee (exclusive)
2026-09-02
Shafaq News – Baghdad
An informed source revealed on Wednesday the latest developments in the dialogue being conducted by the tripartite committee formed within the coordination framework with the armed factions, with the aim of reaching understandings regarding the organization and management of the weapons file and limiting it to the state.
The source told Shafaq News Agency that “the factions showed some flexibility in their position on the disarmament Read more…
The Parliamentary Finance Committee: The draft borrowing law has been sent to the Cabinet for legal review and scrutiny.
9-2-2026
The Parliamentary Finance Committee confirmed on Wednesday that the draft borrowing law has been sent to the Council of Ministers for study and legal review before its first reading in Parliament. The committee indicated that the law pertains only to external borrowing to support important strategic projects. Nasser Turki, a member of the Parliamentary Finance Committee, stated in a statement to the official news agency that “the draft borrowing law submitted Read more…
Iraqi Dinar Guru opinions 9-1-2026
9-1-2026 Newshound Guru Stephen Question: “My bank i have 2 accts I had an appt with the wealth manager and he showed me on his computer that they don’t exchange Foreign currency… so your saying to wait and check when it values?” Stephen: Some branches might not verify currency on site, so you need to find out which branches do on site verification… Read more…
Article 140 and the security file: 12 demands from the Khanaqin delegation to the President of the Republic (Exclusive)
2026-09-01
Shafaq News – Baghdad
Informed sources reported on Tuesday that a delegation comprising political forces from Kurdish parties, political figures, and activists from Khanaqin presented a paper containing 12 demands regarding the security, administrative, and service conditions in Khanaqin and the areas covered by Article 140 of the Constitution during their meeting with the President of the Republic at the Peace Palace in Baghdad. Read more…
US Treasury Secretary: The Strait of Hormuz will be “worthless” within two years
2026-09-01
Shafaq News – Washington
US Treasury Secretary Scott Bisent said on Tuesday that the importance of the Strait of Hormuz will decline within two years, as reliance on oil pipelines expands, amid escalating tensions between Washington and Tehran in recent days.
“In two years, Hormuz will be a worthless waterway,” said Bessent during a panel discussion on the sidelines of the G20 meetings in North Carolina, adding that Iran is trying to use the strait “as a choke point.” Read more…
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China tells Iran: We are keen to protect our own interests.
9-1-2026
The Chinese government informed its Iranian counterpart today (Tuesday, September 1, 2026) that it is “keen to protect its own interests” against the sanctions that the United States has begun to impose on Iran.
According to the Telegram channel of Iranian Foreign Minister Abbas Araqchi, Chinese Foreign Minister Wang Yi informed his Iranian counterpart that the Chinese government calls for an end to the war in all its forms and affirms that sanctions “will not resolve the six-month-long conflict.” Read more…
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Maliki’s coalition withdraws its appeal to the Federal Court regarding the ministers of interior and education, leaving the decision to parliament.
9-1-2026
Information / Baghdad..
On Tuesday, Jassim Mohammed Jaafar, a leader in the State of Law Coalition, revealed that his coalition had withdrawn its appeal to the Federal Court regarding doubts about the vote counting process for candidates for the Ministries of Interior and Defense.
Jaafar told Al-Maalomah News Agency that “it was agreed to refer the authority to re-nominate Qasim Atta and Amer Al-Khazai to the House of Representatives, to decide through a voting process on the option of re-nomination or not.” Read more…
Shahid: Political disagreements over the creation of deputy prime minister positions
9-1-2026
Information / Baghdad..
Member of Parliament, Ahmed Shaheed, confirmed on Tuesday that the issue of appointing deputies to the Prime Minister has not yet been resolved, suggesting that political forces will begin discussions on this issue after the vote to complete Al-Zidi’s cabinet.
Shahid told Al-Maalomah News Agency, “There is a political trend emerging towards appointing deputies for Prime Minister Ali Falih al-Zaidi, but the idea is still under discussion and has not yet taken an official stance.” Read more…
