India buys 2 million barrels of Basra crude at a discount of $28
2026-09-28
Shafaq News – New Delhi
Reuters reported on Monday that Indian Oil Corp., India’s largest refiner, bought 2 million barrels of Basra Medium and Basra Heavy crude at a discount of about $28 a barrel compared to the October Dubai benchmark crude price, on a free-on-board (FOB) basis.
The agency quoted two trading sources as saying that the Indian state-owned Read more…
Finance Ministry investigates loans, advances, liquidity, and foreign branches of Iraqi banks
2026-09-28
Shafaq News – Baghdad
On Monday, the Federal Ministry of Finance directed the formation of a specialized committee to investigate and audit the files of loans, advances, and insurance amounts related to electronic lending, the decline in financial liquidity levels, as well as the file of foreign branches and investment projects on which the granting of financial facilities was based, in addition to Read more…
The weapons of the factions and the “Iranian bird” are on the table for the four presidents in Baghdad.
2026-09-28
Shafaq News – Baghdad
The four presidencies in Iraq will hold an important meeting this evening, Monday, to discuss the issues of restricting the weapons of the factions to the state, the repercussions of the ban on Iranian flights at Iraqi airports, completing the ministerial portfolios, and combating corruption.
The four local leaders are: President Nizar Amidi, Prime Minister Ali al-Zaidi, Read more…
The dollar jumps above 243,000 tomans in Iran
2026-09-28
Shafaq News – Tehran
The price of the dollar in the Iranian free market jumped on Monday, exceeding the 240,000 toman mark, to reach a selling price of 243,550 tomans, compared to 236,050 tomans on Sunday.
According to exchange rate monitoring data, which was reviewed by Shafaq News Agency, the dollar rose by 7,500 tomans, or 3.18%, in one day, while its Read more…
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US source: Trump wants a permanent solution with Iran and is banking on domestic pressure
2026-09-28
Shafaq News – Follow-up
A US source involved in negotiations with Iran said on Monday that US President Donald Trump wants to reach a “permanent solution” with Tehran, on full terms.
The source added, in statements carried by Saudi media, that the American side is monitoring the growing anger inside Iran due to the economic situation, noting that Trump Read more…
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In the absence of Maliki and Amiri, Zaidi briefs the leaders of the framework on the details of his meeting with Trump.
2026-09-28
Shafaq News – Baghdad
A source within the coordination framework revealed on Monday details of a meeting held by the framework on Sunday, at the invitation of the head of the Supreme Islamic Council, Humam Hamoudi, and in the presence of Prime Minister Ali al-Zaidi, to discuss the issue of banning Iranian aircraft from landing at Iraqi airports.
The source told Shafaq News Agency that “the absence of the leader of the State of Law Coalition, Nouri al-Maliki, Read more…
Ministry of Peshmerga: The withdrawal of US forces at this time is a cause for concern.
2026-09-28
Shafaq News – Erbil
The Ministry of Peshmerga in the Kurdistan Region confirmed on Monday that the withdrawal of US forces from Iraqi territory, including the Kurdistan Region, on September 30, comes at a “sensitive time,” noting that the security situation in Iraq and the Middle East is unstable, and that the withdrawal without providing a defense system for the Kurdistan Region is “worrying.” Read more…
The coming danger: When Iraqi oil becomes a wealth without outlet
9-28-2026
Researcher Shatha Khalil
The danger of the economic crisis facing Iraq today lies not only in the decline in oil revenues, nor in the rise of the dollar’s price on the parallel market, nor even in the projected sharp economic contraction in 2026. The greater danger lies in the simultaneous activation of a set of weaknesses that have accumulated over decades: an economy heavily dependent on oil, a budget burdened by current expenditures, a limited non-oil production base, extensive reliance on imports, and export outlets that remain insufficiently diversified Read more…
Iraqi Dinar Guru opinions 9-27-2026
9-27-2026 Newshound Guru Jeff When they start saying they’re going to transition to international business and sovereignty the rate has to be close. It has to be. It can’t be that far. I think the rate change is very very close… We want to monitor the news about them trying to get the cabinet done by Saturday October 10th…and additional news putting emphasis on them working towards getting the budget sent to parliament for approval on October 15th. If you see that, this thing is going to wrap up… Read more…
Exclusive – Damascus expects trade with Iraq to grow by 50% after electronic linking
2026-09-27
Shafaq News – Damascus
The Damascus Chamber of Commerce administration predicted on Sunday that trade exchange between Syria and Iraq would grow by between 30 and 50% during the first 12 months of implementing electronic linkage between the customs in the two countries.
Chamber board member Luay Al-Ashqar told Shafaq News Agency that the electronic linking aims to simplify procedures, exchange data, speed up transactions, and increase the capacity of Read more…
Al-Shammari: The budget will reach Parliament on October 9th, and the region’s share will not change.
9-27-2026
Information/Special…
Maysar al-Shammari, a leader in the Hikma Movement, confirmed on Sunday that the draft general budget will reach the Council of Representatives on October 9th, after being sent from the Ministry of Finance. He pointed out that it differs from previous budgets in terms of the mechanism for preparing and implementing Read more…
Deputy: Trump administration lifts veto on nominee for Iraqi deputy prime minister
2026-09-27
Shafaq News – Baghdad
On Sunday, MP Abu Turab al-Tamimi revealed that Prime Minister Ali al-Zaidi had received American “blessings” to appoint one of the figures as his deputy, while he criticized the Iraqi government’s response to the flight ban with Iran, stressing that it was a decision contrary to international laws.
Al-Tamimi told Shafaq News Agency, “During his meetings with the US administration during his recent visit to the United States, the Prime Minister obtained approval to name Read more…
Gradual Turkish withdrawal from Iraq: Baghdad and Ankara agree to hand over the Bashiqa camp to Iraqi security forces.
9-27-2026
Information/Exclusive
Iraqi-Turkish relations are heading towards a new phase on the security level, after the agreement between Baghdad and Ankara on the gradual handover of the Bashiqa-Zilkan camp in Nineveh Governorate to the Iraqi federal government, according to a mechanism and timetable agreed upon by both sides.
In this regard, political analyst Haitham al-Khazali confirmed to Al-Maalomah that “the Turkish forces present in the northern regions of Iraq will withdraw Read more…
Al-Bayati: There are no justifications for postponing the completion of the government cabinet.
9-27-2026
Information/Baghdad…
Former MP Jassim Al-Bayati stressed that there are no justifications for postponing the formation of the government cabinet, pointing out that there are some new developments that necessitate the political class moving towards completing the government and finishing this file completely.
Al-Bayati told Al-Maalomah, “The security developments of the past period, Read more…
Parliamentary source: Move to lift immunity from 100 MPs and summon governors on various charges
9-27-2026
Information/Baghdad..
An informed parliamentary source revealed on Sunday that the Speaker of Parliament is expected to take action to lift the immunity of about 100 MPs, in preparation for referring them to the Iraqi judiciary, confirming that summons orders are imminent for prominent local officials in Read more…
Customs clarifies the mechanism for financial transfers to import goods (ASYCUDA)
9-27-2026
The General Authority of Customs announced on Sunday the operational mechanism for financial transfers related to importing goods, in implementation of Cabinet Resolution No. (413) of 2026.
In a statement received by Al-Maalomah News Agency, the Authority said that “financial transfers allocated for imports are subject to pre-declaration procedures and the prepayment of customs duties and tax deposits through Read more…
The Ministerial Council for the Economy approves the 2027 budget
2026-09-27
Shafaq News – Baghdad
On Sunday, the Ministerial Council for the Economy approved the draft federal budget law for 2027.
A document published by the Ministry of Finance stated that the council decided to refer the draft bill to the Cabinet. Read more…
Trump: Al-Zaidi is a great man and a friend of mine, and we support him
2026-09-27
Shafaq News – Washington
US President Donald Trump described his meeting with Iraqi Prime Minister Ali al-Zaidi on the sidelines of the United Nations General Assembly meetings in New York on Saturday as “great”.
Trump added in a statement to reporters, as reported by Shafaq News Agency, that “Al-Zaidi is a wonderful man and a friend of mine, and we support him.” Read more…
America resumes importing Iraqi oil in limited quantities
2026-09-27
Shafaq News – Baghdad/Washington
The United States resumed importing crude oil from Iraq last week, after imports had stopped the previous week, but the quantities remained limited compared to its import levels from major suppliers.
Data from the U.S. Energy Information Administration, reviewed by Shafaq News Agency, showed that “the average U.S. imports of crude oil Read more…
Iraq’s new “dollar shipment” lowers the exchange rate in the markets
2026-09-27
Shafaq News – Baghdad
Economic expert Mohammed Al-Hassani attributed part of the decline in the dollar exchange rate in the parallel market on Sunday to news circulating about the imminent arrival of a new shipment of cash dollars to Iraq, following an agreement to continue the flow of shipments from the United States. Read more…
