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News
Oil Prices Hold Above $100 as Iran Tightens Grip on Strait of Hormuz
2+ day, 18+ hour ago (708+ words) Brent remains above the key threshold after Iran reports attacks on vessels and expands its maritime “prohibited zone” ERBIL (Kurdistan24) — Oil prices remained above $100 a barrel on Thursday after Iran reported attacks on vessels near the Strait of Hormuz and expanded…...
Oil Surges Toward $98 as Hormuz Tanker Strikes and Saudi Aramco Attacks Rattle Energy Markets
5+ day, 29+ min ago (290+ words) Brent touches six-week high of $97.62 while WTI rebounds above $92 as US forces strike three Iranian oil tankers, Iran retaliates, and fresh attacks on Saudi Aramco facilities send prices nearly 40 percent above pre-war levels Brent crude oil reached $97.89 a barrel and…...
Iran Doubles Petrol Price for Heavy Consumers Amid US Sanctions Pressure
5+ day, 22+ hour ago (556+ words) Tehran raises the highest petrol price tier to 10,000 tomans per liter as the Iranian rial weakens and Washington intensifies its campaign to squeeze the country’s economy ERBIL (Kurdistan24) — Iran will double the price of petrol for consumers exceeding their monthly fuel…...
Kurdistan24 | Electricity Shortage in Iraq
1+ week, 4+ day ago (19+ words) Electricity Shortage in Iraq Kurdistan24 Electricity Shortage in Iraq Iraqis Demand Electricity Ministry Be Renamed Over Chronic Power Cuts...
Can Iraq's Dawn Campaign Turn Recovered Corruption Funds Into Debt Relief?
1+ week, 5+ day ago (1534+ words) Iraq's Dawn anti-corruption campaign is increasingly tied to debt reduction as Baghdad seeks to recover stolen assets, curb financial leakage and reduce reliance on borrowing. ERBIL (Kurdistan24) - Iraq's expanding anti-corruption campaign is increasingly being tied to a second challenge confronting the…...
PM Adviser: Iraq’s Foreign Reserves Estimated at $79.2 Billion for 2026
2+ week, 16+ hour ago (330+ words) Mazhar Mohammed Salih says Iraq’s foreign reserves remain at a relatively comfortable level but warns that continued declines require closer monitoring. ERBIL (Kurdistan24) - Iraq’s foreign currency reserves remain at a relatively comfortable level, despite a decline recorded this year, Mazhar Mohammed…...
Bessent Calls Bahrain to Discuss "Operation Economic Outcast" Against Iran
2+ week, 3+ day ago (617+ words) Kurdistan24 Bessent Calls Bahrain to Discuss "Operation Economic Outcast" Against Iran Treasury Secretary stresses Iran must not use Hormuz as economic leverage and vows to hold the regime's financial enablers accountable as Washington builds Gulf coalition for its unprecedented sanctions campaign…...
Iran Cuts Little Zab Flow, Disrupting Water Supply in Qaladze
3+ week, 12+ hour ago (426+ words) Parts of Qaladze lost water service after Iran restricted the Little Zab River, forcing crews to rebuild a barrier supplying the key Khas Water Project. ERBIL (Kurdistan24) - Several neighborhoods in Qaladze are facing temporary water shortages after Iran cut the flow…...
US Economic Pressure Deepens Iran's Cost-of-Living Crisis
3+ week, 12+ hour ago (1204+ words) Iranian families are cutting food and other spending as inflation, job losses, war and sanctions deepen economic pressure while Washington plans tougher measures. ERBIL (Kurdistan24) - Grocery stores across Tehran remain stocked, but for a growing number of Iranian families, the problem…...
Iraqi PM Al-Zaidi Says Salaries Guaranteed, Seeks Alternative Oil Export Routes
3+ week, 1+ day ago (392+ words) ERBIL (Kurdistan24) – Iraqi Prime Minister Ali al-Zaidi said on Friday that civil servants’ salaries are guaranteed, as his government works to develop alternative routes for oil exports amid the continued closure of the Strait of Hormuz. In a statement, al-Zaidi said…...