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EASA Withdraws Overflight Warnings for Iran

EghtesadOnline: European airlines can return to parts of Iranian and Iraq i airspace, the EU Aviation Safety Agency (EASA) said on Wednesday, three weeks after Iran accidentally shot down a Ukrainian passenger jet amid an exchange of hostilities with US forces in Iraq .
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Publish Date:01/February/2020 | 24:01

Sulaymaniyah-Kish Flights Launched

EghtesadOnline: Direct flights between Sulaymaniyah in the Iraq i Kurdistan Region and Iran's southern Kish Island have been launched, the director general of Kish Airports Company announced.
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Publish Date:21/January/2020 | 13:04

Oil Hits $70

EghtesadOnline: Oil prices rose a further 2% on Monday, pushing Brent above $70 a barrel, as rhetoric from the United States, Iran and Iraq fanned tensions in the Middle East after a US air strike which martyred a top Iranian military commander in Iraq .
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Publish Date:07/January/2020 | 13:13

Baghdad Protesters Storm US Embassy

EghtesadOnline: Protesters broke into the US embassy compound in Iraq i capital Baghdad on Tuesday after smashing a main door and setting fire to a reception area, prompting tear gas and sounds of gunfire.
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Publish Date:01/January/2020 | 10:55

Iran's Exports to Iraq Decline by One-Third

EghtesadOnline: Iran’s exports to Iraq have declined due to the recent political unrest in the neighboring country, the secretary-general of Iran- Iraq Chamber of Commerce said.
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Publish Date:18/December/2019 | 05:08

Iran Holds 25% of Iraq i Market

EghtesadOnline: Chairman of the Trade Promotion Organization of Iran Hamid Zadboum said the value of Iranian exports to neighboring Iraq amounts to one-fourth of the Arab country’s total imports.
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Publish Date:08/December/2019 | 11:52

Iraq Electricity Self-Sufficiency a Far-Fetched Goal

EghtesadOnline: Iraq imports 7 gigawatts of electricity from Iran to make up for the shortfall between its output and actual need, an Iraq i power ministry official said.
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Publish Date:10/November/2019 | 13:06

Iran, Iraq Power Grids Synchronized

EghtesadOnline: Iranian and Iraq i power grids were synchronized Friday following closer collaboration between the two neighbors.
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Publish Date:03/November/2019 | 10:30

Iraq is, Lebanese Should Pursue Rightful Demands Within Law

EghtesadOnline: Leader of Islamic Revolution Ayatollah Seyyed Ali Khamenei said on Wednesday Iraq i and Lebanese people should pursue their rightful demands through legal means, while accusing the US and its allies of stoking unrest in the region.
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Publish Date:02/November/2019 | 11:30

Iran: Power Grid Synchronization With Iraq by Yearend

EghtesadOnline: Power grids of Iran and Iraq will be synchronized by the end of 2019 and Tehran will help reduce power loss in the neighboring country the following year, chairman of the Export Committee of Iran Electricity Industry Syndicate said.
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Publish Date:20/October/2019 | 13:21

Iraq Resists US Pressure to Reduce Iranian Gas Imports

EghtesadOnline: Iraq will struggle to generate enough electricity unless it continues to use Iranian gas for three to four more years, the electricity minister said on Tuesday, resisting US pressure to stop the imports from its neighbor.
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Publish Date:11/September/2019 | 11:49

OPEC Posts First Oil Output Rise in 2019 Despite Saudi Cuts

EghtesadOnline: OPEC oil output increased in August for the first month this year as higher supply from Iraq and Nigeria outweighed restraint by top exporter Saudi Arabia and losses caused by US sanctions on Iran, a Reuters survey found.
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Publish Date:01/September/2019 | 09:26

Iran's Energy Ties With Iraq Unimpeded

EghtesadOnline: The unilateral US sanctions on Iran have not affected relations between Iraq and Iran, as trade ties in key sectors between the two neighbors continue as usual, Iraq 's ambassador to Tehran said.
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Publish Date:11/August/2019 | 10:40

Iraq Close to Pipeline Deal With BP, Eni

EghtesadOnline: Iraq is close to reaching a deal with oil majors BP and Eni for an export pipeline project that was initially planned as part of a mega-deal with US energy giant ExxonMobil, according to five senior Iraq i oil officials involved in the negotiations.
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Publish Date:10/August/2019 | 24:49

Iran, Iraq to Set Up Joint Investment Fund

EghtesadOnline: Securities and Exchange Organization of Iran and the Iraq i Securities Commission signed a memorandum of understanding to create a joint investment fund.
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Publish Date:31/July/2019 | 10:28

Baghdad's Interests Lie in Easing of Iran-West Tensions

EghtesadOnline: Baghdad would benefit greatly from de-escalation of tensions between Tehran and the West, and the Iraq i premier's recent visit to Iran was apparently aimed at achieving this goal, a political analyst said.
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Publish Date:29/July/2019 | 11:20

Iraq Fears US Sanctions on Iran Will Affect Imports

EghtesadOnline: Iraq and Iran are neighbors: Around $25 million worth of Iranian goods enter Iraq every day. But it is not clear what will happen when a three-month US waiver that allows Baghdad to trade with Tehran expires.
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Publish Date:28/July/2019 | 11:50