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US-Iran Talks, Oil Pressure: Trump says Iran talks are progressing “constructively” and warns the US won’t “rush into a deal,” while the blockade stays until any agreement is “certified and signed.” A supertanker carrying Iraqi crude has reportedly cleared the Persian Gulf blockade line as negotiations continue, keeping markets focused on whether the Strait of Hormuz will truly reopen. Iraq Oil & Exports: Iraq is in talks with foreign firms to restart closed fields and is preparing alternative exports via Turkey’s Ceyhan port, as Hormuz disruptions squeeze revenue. Kurdistan Pay Dispute: Baghdad has instructed the Finance Ministry to fund KRG civil servant salaries on equal terms, alongside discussions on oil mechanisms and security guarantees for foreign operators. Budget Crunch Hits Services: In Diyala, about 70% of projects are stalled due to unpaid federal dues exceeding 200 billion dinars, with electricity and solar plans suspended. WorldLink Transit Cable: Iraq will join the privately funded WorldLink Transit Cable project linking the Gulf to Europe through Iraqi territory.

Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result.

AGP Wire

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May 18, 2026

Asiacell signs first-of-its-kind partnership with PSG

EIN Presswire

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May 13, 2026

Kent Imaging taps Roots Pharmaceutical to distribute SnapshotNIR in GCC and Iraq

EIN Presswire

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May 21, 2026

Al-Aqidi backs federal fraud crackdown after Medicaid charges and Feeding Our Future sentencing

EIN Presswire

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May 18, 2026

Opterro names DOME exclusive distributor in the Middle East

EIN Presswire


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World Bank: 27 Countries Seeking to Ensure Access to Crisis Funds

World Bank: 27 Countries Seeking to Ensure Access to Crisis Funds

Supertanker With Iraq Crude Exits Persian Gulf as Talks Continue

Supertanker With Iraq Crude Exits Persian Gulf as Talks Continue


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15 hours ago

Iraq, Iran FMs Address U.S. Nuclear Talks in Phone Call

MENAFN

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May 23, 2026

Iraq to Coordinate with Saudi Arabia, UAE in Attack Investigations

MENAFN

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May 23, 2026

Iraq’s High-Level Committee Continues Investigation into Attacks on KSA, UAE

MENAFN

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May 23, 2026

Reports Claim Gulf States Carried Out Secret Strikes in Iraq

MENAFN

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May 21, 2026

Iraq Vows Action After Drone Attacks on UAE Nuclear Site

MENAFN

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May 22, 2026

Philip R. Lane: Europe and the world economy

ECB - European Central Bank

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