In light of an intensifying campaign for US sanctions on Tehran, Iraq is discussing the purchase of two floating gas processing facilities.

Iraq holds over $100 billion in reserves in ... While the affected banks can still function using other currencies, the inability to transact in dollars presents a major challenge, particularly ...

Iraq welcomed Saudi Arabia’s role in hosting talks between the US and Russia, the Iraqi Foreign Ministry said last week. Riyadh also could play a role in helping resolve the Ukraine war, it said ...

It will also assist control international transactions and bolster Iraq's anti-money laundering ... while preserving conventional monetary functions like a unit of account, medium of exchange ...