A United Nations body has agreed to let Iraq postpone its final payment of reparations to Kuwait for the 1990-91 Gulf War, in an effort to help ease Baghdad's cash-strapped budget.
The consensus decision, reached by major powe
Kurdish peshmerga fighters have fought their way to Iraq's Sinjar mountain and freed hundreds of people trapped there by Islamic State fighters, a Kurdish leader said on Thursday.
"The peshmerga have managed to reach the
Iraq's semi-autonomous Kurdistan Regional Government will ramp up oil exports in the coming months, moving it closer to economic self-sufficiency while it works to clinch a final deal with Baghdad on crude sa
Chinese oil firms will keep the amount of crude they buy from Iraq unchanged in 2015 for the first time in almost a decade, as the need for imports falls and concerns over the quality of the oil persist, five sou
Oil exports from northern Iraq are expected to be between 300,000 and 400,000 barrels per day (bpd) in 2015, the International Energy Agency said, including crude produced in the semi-autonomous Kurdistan region.
Islamic State fighters stormed a town in Iraq's western Anbar province on Saturday, killing at least 19 policemen and trapping others inside their headquarters, in the latest attack in the desert region where it controls large amounts of ter
Iraqi state oil marketer Somo issued a rare statement denying there is a price war within the Opec exporter group, saying recent reductions to its official selling prices (OSPs) were influenced only by the market.
The statement, w