On Friday, Basra crude oil prices declined in their last trading session. Basra Heavy crude closed at $72.03, down 6 cents, while Basra Intermediate crude closed at $75.18, also down 6 cents. Despite the daily decrease, both crudes recorded weekly gains. Basra Heavy crude saw a weekly gain of $1.29 …
Read More »Basra Crude Prices Show Mixed Performance Amid Global Oil Price Decline
Basra crude prices on Wednesday, showed a mixed trend amid a drop in global oil prices. Basra Heavy crude experienced a slight increase of 1.04%, rising by 75 cents to $72.75. On the other hand, Basra Medium crude prices declined by 1%, falling by 75 cents to reach $75.90. In …
Read More »Iraq’s premier invites Turkish businesses to relocate to the industrial zone near al-Faw port
Iraqi Prime Minister Mohammad Shia al-Sudani on Wednesday invited Turkish businesspersons to relocate their industrial and commercial activities to the industrial city adjacent to Basra’s al-Faw port in southern Iraq. According to a statement issued by his bureau, al-Sudani met this morning with a group of Turkish businessmen, investors, and …
Read More »Iraqi PM launches major afforestation initiative
The Iraqi Prime Minister, Mohammed Shia Al-Sudani, announced on Sunday the launch of a major afforestation initiative, which includes planting five million trees in different Iraqi governorates. Al-Sudani’s statement took place during a speech he delivered in the opening of the Iraq Climate Conference hosted by the city of Basra, …
Read More »Basra crude gains despite deteriorating global appetite
Iraq has raised the official selling price (OSP) for Basra intermediate crude to Asia by 0.11% $79.3 a barrel. The price tag of the heavy counterpart rose by 0.12% to $73.55. Oil slipped on Wednesday, giving up an earlier gain, as signs of ample supply and rising U.S. crude inventories …
Read More »Iraq is the Champions of Gulf after winning Oman in an extraordinary final (Photos, Videos)
In the most stunning final in the tournament’s history, Iraq won Gulfcup 2023 title by beating Oman 3-2. Romanian Kovacs Stefan officiated the final match. On Thursday, the final match took place at the Basra International Stadium, where thousands of fans had gathered since dawn. It is the first time …
Read More »Iraq and Jordan to start implementing the electrical grid project soon
On Saturday, Iraq, and Jordan revealed that the electrical grid connection project and building a pipeline from Basra to Aqaba between the two countries would be launched soon. In a joint press conference with his Jordanian counterpart, Ahmed Al-Safadi, the Iraqi parliament speaker, Muhamed Al-Halboosi, said that the Jordanian delegation …
Read More »Infantino arrives in Basra to attend the opening ceremony of the Gulf Cup 25
The President of the International Football Association, Gianni Infantino, arrived today, Friday, in Basra to attend the opening ceremony of the Gulf 25. The reporter of the Iraqi News Agency (INA) stated that “the president of FIFA arrived in Basra to attend the opening ceremony of the Gulf 25,” noting …
Read More »MP launches legal action to halt Basra-Aqaba pipeline project
Lawmaker Hanan al-Fatlawi started legal action against Mustafa al-Kadhimi’s caretaker government seeking an injunction to halt the implementation of the Basra-Aqaba oil pipeline. According to the transcript of the legal proceeding filed by al-Fatlawi, the lawmaker challenged the constitutionality of the cabinet decree upon which Prime Minister Mustafa al-Kadhimi authorized …
Read More »IED explosion targets a convoy of US-led Coalition southern Iraq
A blast from a roadside bomb reportedly hit a convoy of the US-led Global coalition in the southern governorate of Basra today, Sunday. A source said that the explosion targeted a supply convoy of the Coalition in Basra. No casualties were reported. The Global Coalition’s convoys are subjected, every now …
Read More »Large security operations launched in northern Basra
Basra Operations Command announced on Monday the launch of large-scale security operations in the northern regions of the province. The Command said in a statement received by Al-Ghadeer news, that “large operations were launched in the areas north of Basra and the city center, in addition to the revival of …
Read More »Explosion targets a Logistics Convoy of the US-led Coalition southern Iraq
An IED attack targeted a convoy of the US-led coalition forces, for the second time today. A security source reported today that a logistics convoy of the Global Coalition had been targeted in al-Diwaniyah Governorate, south of Iraq. No causalities were recorded. Earlier today, a security source reported today that …
Read More »Iraq’s Intelligence thwarts attack on pipeline between Baghdad and Basra
The Iraqi Federal Intelligence and Investigations Agency in the Ministry of Interior reported on Wednesday that it foiled an operation to detonate a pipeline carrying natural gas between the capital, Baghdad, and the oil-rich governorate of Basra, in the far south of Iraq. In a statement, the Agency said, “in …
Read More »Bomb explosion leaves dozen dead, several wounded in Iraq’s Basra
At least a dozen people have reportedly lost their lives and many more sustained injuries in a powerful bomb attack in the southern Iraqi city of Basra, police and medical sources say. A security source, speaking on the condition of anonymity, told Al-Ghadeer News that a bomb-laden car that was …
Read More »IHEC completes the election result’s recounting in Basra
The High Electoral Commission announced that it completed the recounting process in Basra Governorate on Wednesday. The Commission said in a brief that the manual counting of voters took place in the presence of candidates’ representatives, international observers, and authorized media personnel. Tomorrow, Thursday, IHEC will follow up the submitted …
Read More »Two persons were sentenced to death for killing a demonstrator
Two persons charged with killing a person participating in the October demonstrations in Basra, southern Iraq have pled guilty, and the court sentences them to the capital penalty. According to a statement by the Supreme Judicial Council, the convicts confessed to shooting the victim while participating in a demonstration near …
Read More »Thousands protest the election results in several Iraqi governorates
Thousands of demonstrators stormed the streets north of Baghdad and south of the country, protesting the election results announced by IHEC yesterday. Sources say that the demonstrators are citizens who rejected the election results because of fraud, noting that they blocked the highway linking Baghdad with the northern governorates. The …
Read More »Large fire broke out in Umm Qasr drilling ship
A fire broke out today in Umm Qasr drilling ship, the former Minister of Transport, Kadhim Finjan Al-Hamami reported. Preliminary information indicates that the fire’s cause is the negligence that most of this company’s divisions suffer from. Reports confirm that the price of the ship exceeds 65 million dollars.
Read More »Iraq to inaugurate a new border crossing with Gulf countries soon
A reliable government source revealed that Iraq will soon open a border crossing with Gulf countries. The source told Alghadeer News that Iraq has reached advanced phases in the agreement on opening the Awjat Al-Batin border crossing that connects Iraq, Saudi Arabia, and Kuwait in the desert of al-Muthanna Governorate. …
Read More »Protestors block the road leading to Umm Qasr port in Basra
Outraged protestors blocked the road leading to the Umm Qasr port in the Basra Governorate in the far south of Iraq. A source told Alghadeer News the protestors demanded better services in the city, most notably power and water. “The protestors blocked the road with buses to hinder the trucks …
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