Iraq In 2026: Will US Pressure Lead To Genuine Reform Or Wider Economic Paralysis?

May 24, 2026   Al-Mustaqilla - Iraq enters 2026 under unprecedented financial and banking pressure, with escalating US restrictions on dollar movement, expanding sanctions related to financial and commercial networks, and growing concern within the market about the impact of this on banks, transfers, the exchange rate, and citizens' confidence in the financial system.

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Rubio Says Iran Deal Could Take Days as Fresh Strikes Keep Energy Markets on Edge

Ongoing U.S.-Iran negotiations, renewed military operations, and uncertainty surrounding the Strait of Hormuz are intensifying fears of prolonged energy instability and accelerating global discussions about geopolitical realignment and financial restructuring.

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High-Stakes Iran Negotiations Focus on Hormuz, Sanctions, and Nuclear Disputes

Fragile diplomatic progress between the United States and Iran is raising hopes for a limited de-escalation agreement that could ease pressure on global energy markets and reduce the risk of a wider regional conflict.

Government Advisor: New Financial Strategy To Raise Non-Oil Revenues To 45%

 {Economic: Al-Furat News} The financial advisor to the Prime Minister, Mazhar Muhammad Saleh, revealed that the government is moving towards adopting a new financial strategy aimed at raising the contribution of non-oil revenues in the general budget to 45% by diversifying the economy and reducing dependence on crude oil.

 Saleh told Al-Furat News that “Prime Minister Ali Al-Zaidi, during the historic meeting with the Iraqi financial authority held on May 23, 2026, outlined a firm vision for building the future of public finance in the country,” explaining that “the new beginning came from a fundamental pillar represented by announcing the alternative path for public finance and Iraqi financial policy.”

Good Afternoon Dinar Recaps

Huawei’s AI Chip Breakthrough Signals China’s Push Toward Tech Independence

China’s semiconductor ambitions are accelerating as Huawei unveils a new chip design strategy that could reshape the global AI and technology race while weakening the long-term impact of U.S. sanctions.

Oil Prices Plunge 6% On US-Iran Deal Progress

2026-05-25    Shafaq News   Oil prices fell 6% to two-week lows on Monday, as optimism grew that the United States and Iran were moving closer to a peace deal, even though they remain at odds over key issues, such as blockades on the Strait of Hormuz.

Brent crude futures fell $5.85, or 5.7%, to $97.69 a barrel by 0343 GMT, while U.S. West Texas Intermediate were at $90.85 a barrel, down $5.75, or 6%. Both contracts touched their lowest since May 7 earlier in the session.

Iraq And Saudi Arabia Strengthen Their Partnership In Combating Corruption And Recovering Stolen Funds.

Money and Business   Economy News – Baghdad    The Federal Integrity Commission and the Oversight and Anti-Corruption Authority in the Kingdom of Saudi Arabia discussed on Monday mechanisms to enhance cooperation in the field of asset recovery and corruption crimes.

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Global Reset Signals Intensify as Hormuz Deal Hopes Shake Oil, Currency, and Financial Markets

Growing optimism around a possible U.S.–Iran framework agreement is already reshaping oil prices, currency markets, and global financial expectations as investors brace for a major geopolitical and economic transition.

The Dinar Is Under Test During Crises... Will The Central Bank Succeed In Protecting The Market From Economic Storms?

Baghdad Today – Baghdad   Economic and financial affairs expert Nasser Al-Tamimi confirmed on Sunday (May 24, 2026) that the ability of the Central Bank of Iraq to stabilize the exchange rate of the dinar is directly linked to the size of foreign reserves and the efficiency of monetary policy management.

Al-Tamimi told Baghdad Today that the Central Bank currently has effective tools to contain pressures on the market, most notably managing the currency sale window, regulating foreign transfers, and direct intervention through cash reserves.