Energy

Gold Prices Surge in Kurdistan Region

Gold prices rose sharply across the Kurdistan Region on Tuesday. The increase pushed 21-karat gold above one million dinars once again. The rebound followed several days of decline and...

January Flour Distribution in the Kurdistan Region

The Iraqi Ministry of Trade has taken new steps to secure food supplies. As a result, flour distribution...

Kurdistan Prepares Domestic Revenue Transfer to Baghdad

The Kurdistan Region’s Ministry of Finance has started preparations to transfer domestic revenues to Baghdad. The move supports...

Iraq Requests Kurdistan to Reduce Customs Tax by 25%

Iraq has introduced a major change in its customs policy. The General Customs Directorate under the Ministry of...

Iraqi Dinar Exchange Rate Remains Unstable Amid Political Unrest

The Iraqi dinar exchange rate against the U.S. dollar continues to fluctuate. Experts say political instability drives the changes. Traders...
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With the Reopening of Global Markets, Gold, Silver, and Oil Prices Decline

With the reopening of global markets at the start of the week, prices of gold, silver, and oil declined sharply, reflecting renewed volatility in...

SOMO Signals Possible Renewal of Kurdistan Oil Export Deal

Iraq’s State Oil Marketing Organization (SOMO) has signaled that renewing the Kurdistan oil export deal remains possible. The organization said this is due to...

Dana Gas and Crescent Petroleum Sign Long-Term Gas Deals with Kurdistan Companies

Dana Gas and Crescent Petroleum, together with their partners in the Petroleum Consortium, have signed long-term gas sales agreements with multiple companies in the Kurdistan Region. As...

Kurdistan Oil Exports Near Six Million Barrels, SOMO Data Shows

Iraq’s State Organization for Marketing of Oil (SOMO) exported nearly six million barrels of crude oil from the Kurdistan Region last month as part...

Kurdistan’s Oil Payments Crisis Exposes Baghdad’s Revenue Control Strategy

The Kurdistan Region is facing a deep and prolonged oil payments crisis. This crisis is not only financial. It reflects a wider federal power...

DNO Says Kurdistan Oil Output Rose by Over 30,000 bpd in Q4 2025

Norwegian oil and gas company DNO said oil production in the Kurdistan Region rose sharply in the fourth quarter of 2025. Higher output from...
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