Oil Minister: A consortium of American and Qatari companies will implement a pipeline project from Basra to Fishkhabur.
7-15-2026
Oil Minister Bassem Mohammed Khudair al-Abadi confirmed on Wednesday that Iraq seeks to establish significant partnerships with major international companies. He also stated that the new oil pipelines will provide two additional outlets to enhance export flexibility. Al-Abadi told the official news agency, “Iraq seeks to establish significant partnerships with major international companies, hence the great interest shown by American companies.” He added that “today’s visit to Washington and the meeting with the US President included a frank dialogue.”
He added that “there is a shared understanding between US President Donald Trump and Prime Minister Ali al-Zaidi Read more…
Iraqi Dinar Guru opinions 7-14-2026
7-14-2026 Newshound Guru Stephen I’m not here to convince anyone. I’m here to present the facts…Ultimately people have to make their own decision on if this is an investment they want to be part of. I personally believe this is going to be a once in a life-time financial event. I believe if you are invested in the Iraqi dinar you have been strategically placed into this investment for a time such as this. I’m excited. I’m excited for you if you hold dinar. I’m excited and looking forward to some big things happening in the near future… Read more…
Trump: We will include Iran and Lebanese Hezbollah in Russia’s sanctions.
2026-07-14
Shafaq News – Washington
US President Donald Trump revealed on Tuesday evening that his administration is working to include Iran and the Lebanese Hezbollah in the sanctions bill imposed on Russia.
During his meeting with Iraqi Prime Minister Ali al-Zaidi at the White House, Trump said: “There was fear of Iran in the region, and now the countries of the Middle East have gotten rid of a dominant entity.” Read more…
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Al-Zaydi: Weapons belong to the state only, and the Kurdistan Region is part of my body.
2026-07-14
Shafaq News – Washington
Iraqi Prime Minister Ali al-Zaidi confirmed on Tuesday that the phase following the end of the international coalition’s mission in Iraq at the end of September will witness a complete reliance on Iraqi security capabilities.
Al-Zaidi said during a joint press conference with US President Donald Trump that “Iraqi security forces are now capable of protecting the country,” stressing that the state has received “quantities of weapons from some factions.”
He added that “the government will continue Read more…
Trump: Iran is a huge burden on Iraq that will be eliminated, and al-Zaidi will remain in his position for a long time.
2026-07-14
Shafaq News – Washington
On Tuesday afternoon, US President Donald Trump said that Iran is a “great burden” on Iraq, indicating that it “will soon be eliminated,” while describing the performance of Iraqi Prime Minister Ali al-Zaidi during his reception at the White House as “doing a great job” and that he will remain prime minister “for a long time.”
Trump said at a joint press conference with al-Zaidi: “It is a great honor to host the Prime Minister. We have a strong Read more…
Trump: Next week we will announce a major oil partnership with Iraq
2026-07-14
Shafaq News – Washington
US President Donald Trump announced on Tuesday evening that a major oil partnership with Iraq will be announced next week.
During his meeting with Iraqi Prime Minister Ali al-Zaidi at the White House, Trump said that next week would see the announcement of a major oil partnership with Iraq, in addition to the conclusion of major trade deals.
On Tuesday afternoon, Iraqi Prime Minister Ali Faleh al-Zaidi met with US President Donald Trump Read more…
Al-Zaidi meets Trump at the White House
2026-07-14
Shafaq News – Washington
Iraqi Prime Minister Ali Faleh al-Zaidi met with US President Donald Trump at the White House on Tuesday, according to a statement from the Prime Minister’s media office.
Al-Zaidi arrived in the US capital, Washington, on Monday, at the head of a high-level delegation that included a number of ministers, officials, investors and business owners, on an official visit that will last for seven days. Read more…
Trump replaces 20% tariffs on ships in the Strait of Hormuz with trade and investment deals
2026-07-14
Shafaq News – Washington
US President Donald Trump announced on Tuesday that the Strait of Hormuz will remain open to international shipping, with the exception of Iranian vessels, while confirming a complete blockade on ships heading to or departing from Iranian ports.
Trump said in press statements that “his administration decided to replace the 20% tariffs with trade and investment deals that the Gulf states will conclude with the United States, as part of strengthening economic partnerships between the two sides.” Read more…
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Iraqi-European meeting to lift the ban on the national carrier
7-14-2026
Transport Minister Wahab Al-Hassani and EU Ambassador Clemens Simetner agreed on Tuesday to hold a forthcoming meeting to determine the requirements for lifting the ban on Iraqi Airways. The Ministry of Transport stated in a statement that “Transport Minister Wahab Al-Hassani received today EU Ambassador Clemens Simetner, accompanied by the Director of the Cooperation and Projects Department, Wim Rimba, to discuss strengthening cooperation and joint coordination,” indicating that “the meeting focused on the most important arrangements necessary for the requirements to lift the European ban on Iraqi Airways and Read more…
Human shelter dating back 18,000 years found in America
7-14-2026
Information/Follow-up…
Scientific reports revealed on Tuesday that archaeologists in the mountains of Oregon, USA, have found a remote rock shelter that could change prevailing historical concepts about the first inhabitants of North America.
The reports stated that “initial findings indicate that the site was inhabited by humans approximately 18,250 years ago, a date that makes the site one of the oldest known human settlements on the continent, and four times the age of Egypt’s Great Pyramid.”
She added that “these results challenge the long-held theory that early humans arrived on the continent from Asia via Read more…
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Al-Jawahiri: Details of supplying America with Iraqi oil remain unclear.
7-14-2026
Information/Baghdad…
Oil expert Hamza al-Jawahiri confirmed on Tuesday that the decision to supply the United States with 500,000 barrels of Iraqi crude oil remains unclear regarding its details and the corresponding returns.
Al-Jawahiri told the Information Agency that “the decision to supply the United States with 500,000 barrels of Iraqi crude oil was made to support its strategic reserves,” explaining that “it is natural that there would be something in return for this action, but the nature of this return has not yet been clarified.” Read more…
The dollar’s dominance over Iraq’s economy: Will the Washington visit open the door to banking independence?
7-14-2026
Information/Report…
The United States has maintained its dominance over the Iraqi banking sector since 2003, imposing sanctions on a large number of private banks in recent years. Observers see this as an obstacle to building an independent Iraqi banking system free from American influence. The US Treasury Department and the Federal Reserve Bank of New York imposed restrictions on more than 30 Iraqi private banks, representing approximately 43% of the private banking sector, preventing them from dealing in US dollars, citing violations of banking standards and regulations. Read more…
What is the connection of the American company “Oliver Wyman” to the issue of Iraqi banks subject to sanctions?
7-14-2026
Information / Baghdad –
Economic expert Mustafa Faraj raised questions on Tuesday regarding the role of the American company Oliver Wyman in the case of Iraqi banks subject to sanctions, emphasizing that a large number of them adhere to international banking standards despite the continued restrictions imposed on them.
Faraj told the Information Agency that “the US Federal Reserve controls the banking system in Iraq, while Washington has imposed sanctions on more than 30 private banks under the pretext of violating banking regulations.” Read more…
Trump: We will destroy the nuclear facilities under the mountain of axes in Iran (Update)
2026-07-14
Shafaq News – Washington
US President Donald Trump announced on Monday night that strong strikes would be launched against Iran today and tomorrow.
Trump said in an interview with an American radio program: I sometimes disagree with Netanyahu and I have told him so, and my relationship with him is “very good”.
Trump added that the memorandum of understanding with Iran was a test “and they did not abide by it,” indicating Read more…
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Trump notifies Congress of resuming military operations against Iran, opening a 60-day window.
2026-07-14
Shafaq News – Washington
Reuters news agency revealed on Tuesday that US President Donald Trump sent a formal notification to Congress stating that hostilities against Iran would resume on July 7, a message his administration believes opens a new 60-day window for the use of military force in the region without congressional approval.
Trump said in the letter: “I directed this military operation in accordance with my responsibility to protect Americans, the national security of the United States, and its foreign policy interests.” Read more…
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Iraqi Interior Ministry: 3,950 officers, personnel, and employees dismissed and referred to courts on charges of bribery and corruption
2026-07-14
Shafaq News – Baghdad
The Iraqi Ministry of Interior confirmed on Tuesday that the danger of financial and administrative corruption is no less serious than the danger of terrorism in the country, announcing that it has taken strict legal measures against thousands of officers, affiliates and employees involved in cases of illicit gain, while simultaneously confirming the stability of the security situation and the readiness of plans for the millions of visits. Read more…
Exclusive: Al-Zaidi seeks a new military partnership with Washington after the coalition
2026-07-14
Shafaq News – Washington/ Mustafa Hashim
On Tuesday, the spokesman for the Commander-in-Chief of the Iraqi Armed Forces, Sabah al-Nu’man, revealed that Baghdad intends to establish a bilateral military partnership with the United States after the end of the international coalition’s mission, while emphasizing that the issue of restricting weapons to the state is a “sovereign Iraqi decision” that is being worked on according to a purely governmental vision, and there is no external coordination regarding it . Read more…
Exclusive: Baghdad seeks to establish a new economic era with Washington
2026-07-14
Shafaq News – Washington/ Mustafa Hashim
Iraqi government spokesman Haider al-Aboudi confirmed on Tuesday that Prime Minister Ali al-Zaidi’s visit to the United States represents a pivotal moment in Iraqi-American relations, considering it the most important visit for an Iraqi government since 2003, because it moves the relationship between the two countries from managing security files and crises to building a long-term economic and investment partnership.
Al-Aboudi told Shafaq News Agency that the government views this visit as the beginning of a new phase based on Read more…
Documents reveal that the judiciary has ordered an investigation into the fate of $140 billion in Iraqi revenues.
2026-07-14
Shafaq News – Baghdad
Member of the Legal Committee in the Iraqi Parliament, MP Mohammed Jassim Al-Khafaji, announced on Tuesday that an official move has been made by the Public Prosecution to open a judicial investigation into suspicions of the disappearance and fate of $140 billion of the country’s revenues.
According to official documents obtained by Shafaq News Agency, the legal action came in response to an official request and notification submitted by MP Al-Khafaji on June 27 to the head of the Public Prosecution Service, demanding the opening of a proper investigation based on recorded statements Read more…
Iraq leads OPEC declines… Basra crude drops $35 in June
2026-07-14
Shafaq News – Baghdad
Data from OPEC’s monthly oil market report for July 2026 showed that Basra Medium crude recorded the largest monthly decline among OPEC’s basket crudes during June, after it fell by $35.12 per barrel on a monthly basis, to reach an average price of $85.10 per barrel, compared to $120.22 in May .
On an annual basis, the report showed that the average price of Basra crude oil during the first six months of 2026 was $93.57 per barrel, which is higher than the average for the same period Read more…
