Economics, News DINARRECAPS8 Economics, News DINARRECAPS8

Iraq Economic News and Points To Ponder Monday Afternoon 6-1-26

Oil Surges Past $93 Following US-Iran Strikes

2026-06-01    Shafaq News   Oil prices rose more than 2% on Monday after Iran and the U.S. traded strikes and Israel ordered troops to move further into Lebanon in the battle with the Tehran-backed Hezbollah militant group.  U.S. crude futures rose $2.29 or 2.62% to $89.65 a barrel as of 0436 GMT. Brent futures rose $2.05 or 2.25% to $93.17 a barrel.

The stepped-up fighting, coming just after the U.S. hosted Israel-Lebanon peace talks in Washington on Friday, dimmed expectations that the U.S. and Iran could soon announce an extension to their ceasefire agreement, which had driven Brent and WTI to settle down 1.8% and 1.7%, respectively, on Friday.

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The Fed’s New Plan to Shrink $40T without Paying it Back

The Fed’s New Plan to Shrink $40T without Paying it Back

Taylor Kenny:  6-1-2026

In recent years, the drumbeat of economic change has grown louder, but few signals are as significant as a fundamental shift in the leadership and philosophy of the Federal Reserve.

A recent video from ITM Trading, featuring Taylor Kenney, dives deep into the perspectives of Kevin Warsh and his calls for a “regime change” in U.S. monetary policy. For investors and everyday citizens alike, this shift could signal the end of the post-2008 economic playbook and the beginning of a much more volatile chapter in financial history.

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Iraq Economic News and Points To Ponder Monday Morning 6-1-26

First Chinese Ship Arrives In Iraq Via The Strait Of Hormuz After Navigation Resumes

Money and Business   Economy News – Baghdad   The northern port of Umm Qasr received on Monday the first cargo ship coming directly from China via the Strait of Hormuz, after the resumption of maritime traffic in the strait.

The General Company for Iraqi Ports said in a statement received by "Economy News" that the ship "MV KSL XINYANG" docked at the port loaded with materials and equipment for the oil sector and various commercial goods, with a total weight of 29,720 tons.

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“Tidbits From TNT” Monday AM 6-1-2026

TNT:

Tishwash:  Trump appoints Tom Barrack as special presidential envoy to Iraq and Syria

US President Donald Trump announced the appointment of US Ambassador to Türkiye, Tom Barrack, as Special Presidential Envoy to Iraq and Syria, in a move aimed at strengthening strategic cooperation with the governments of the two countries.

Trump said that Barack would continue his duties as ambassador to Türkiye alongside his new responsibilities, noting that his performance would be fully supported by the U.S. State Department.

He added that the decision comes within the framework of developing bilateral relations and strengthening the partnership with Iraq and Syria, stressing the continued growth of relations with the two countries in various fields.

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MilitiaMan & CREW IRAQ DINAR UPDATE-Iraq Reforms Update-Last 72 hours-CBI Independence-Convergences

MilitiaMan & CREW IRAQ DINAR UPDATE-Iraq Reforms Update-Last 72 hours-CBI Independence-Convergences

5-31-2026

The Crew:  Samson, PompeyPeter, Petra, Daytrader, Sunkissed, GIGI and Militia Man

No drama. No intrigue. No songs and dances. Just straight, factual news that I read and interpret to the best of my ability after being an avid Dinar investor and insanely obsessed Dinarian for over 15 years.

Follow MM on X == https://x.com/Slashn

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Economics, News DINARRECAPS8 Economics, News DINARRECAPS8

Iraq Economic News and Points To Ponder Sunday Afternoon 5-31-26

Basrah crudes post weekly losses amid global declines

2026-05-30 Shafaq News- Basrah   Iraq’s Basrah crude plunged more than 56% over the past week, recording the sharpest losses among major global oil grades.

Basrah Heavy crude fell by $29.31 in its last trading session to $66.07 per barrel, posting a weekly loss of $37.79, or 57.12%, while Basrah Medium crude dropped by $29.31 to settle at $68.17 per barrel, recording a weekly loss of $38.79, or 56.90%.

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The file of Iraqi funds in the US Federal Reserve: From occupation to temporary immunity

TNT:

Tishwash:The file of Iraqi funds in the US Federal Reserve: From occupation to temporary immunity

The issue of Iraqi funds deposited in accounts at the US Federal Reserve is one of the most complex financial files in Iraq's modern financial history.

These funds are linked to a series of UN resolutions and international sanctions that have shaped the Iraqi economy since the former regime's invasion of Kuwait on August 2, 1990, to the present day.

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Iraq Economic News and Points To Ponder Sunday Morning 5-31-26

Members of the Parliamentary Integrity Committee: Al-Zidi's steps represent a strong start to combating corruption and recovering state funds

latest news  Sunday,   May 31, 2026    Baghdad - One News      Members of the Parliamentary Integrity Committee praised the measures taken by Prime Minister Ali Faleh al-Zaidi in the fight against corruption, considering that the formation of the Sovereign Council for Integrity and Recovery of Funds and the start of reviewing government contracts represent a strong start in the path of reform and holding those involved in wasting public money accountable. 

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