Iraq Accelerates Journey Towards WTO Membership

Business  Iraq    IraqiNews     July 24, 2026   The WTO headquarters at the Centre William Rappard in Geneva, Switzerland   Baghdad (IraqiNews.com) – Iraq has increased its attempts to join the World Trade Organization (WTO), with the new administration advancing a process that officials regard as part of a larger agenda of economic reform and diversification.   

Iraq’s accession to the WTO would bring it into the rules-based global trading system, compelling the country to match its trade policies with international norms for market access, transparency, and regulation.

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Saudi Arabia Enters Direct Conflict as Red Sea Shipping Attacks Expand Middle East Energy Crisis

Saudi Arabia has launched military strikes against Houthi targets in Yemen following attacks on commercial shipping in the Red Sea, opening a new front in an already volatile regional conflict. As pressure continues in both the Bab el-Mandeb Strait and the Strait of Hormuz, global markets are increasingly focused on the risks to energy supplies, trade routes, and financial stability.

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U.S. Expands Global Trade Measures as Nations Prepare for a New Era of Economic Realignment

New U.S. trade actions affecting dozens of economies are reinforcing the trend toward regional supply chains, strategic manufacturing, and a more fragmented global trading system, adding another chapter to the ongoing transformation of international finance. 

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U.S.–Iran Conflict Deepens as War Funding Grows, Energy Risks Persist, and Diplomacy Stalls 

Escalating military spending, stalled diplomacy, continued threats to global shipping lanes, and persistent regional instability are reinforcing concerns that the Middle East conflict could have lasting consequences for global energy markets, international trade, and the evolving financial system.

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U.S.-Iran Conflict Begins Reshaping Global Finance as Markets Brace for Wider Economic Impact

Escalating military tensions between the United States and Iran are no longer affecting only the battlefield. Rising energy risks, disrupted shipping, and growing financial uncertainty are increasingly influencing global markets, trade flows, and investor expectations as governments prepare for the possibility of a prolonged regional conflict. 

Oil Climbs Above 1.5% On Gulf Shipping Risks

2026-07-23 01:30   Shafaq News   Oil prices rose more than 1.5% in Asian trade on Thursday to stand at their highest ‌in more than six weeks, as Yemen's Houthis targeted oil tankers in the Red Sea and the United States launched a new round of strikes on Iran.

Brent crude futures rose $2.2 or 2.3%, to $96.27 by 0327 GMT, the highest since June 8, having settled up more than $3 at $94.07 ​in the previous session, just shy of a six-week high.

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U.S.-Iran Tensions Escalate as Trump Weighs Military Action and Markets Brace for Wider Conflict

Escalating rhetoric from Washington, reports of new military activity in the Persian Gulf, and rising concerns over global energy supplies are increasing uncertainty across financial markets as investors monitor the risk of a broader Middle East conflict.

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Global Bond Markets Jolt as Oil Surge Revives Inflation and Rate Hike Fears

Rising oil prices driven by escalating Middle East tensions are rippling through global financial markets, pushing government borrowing costs higher and forcing investors to reassess expectations for central bank interest-rate decisions.

Al-Hurra Website: Al-Zaidi Will Try In Tehran To Convince The Iranians That Iraq Is Capable Of Helping To De-Escalate Tensions    

Latest News Wednesday,  July 22, 2026   Baghdad - One News - The US-based Al-Hurra website reported that Prime Minister Ali Faleh al-Zaidi received what a source close to him described as indirect “American support,” after Washington informed him that it welcomed any step he takes to calm the situation in the region.