Turkish Foreign Minister Mevlut Cavusoglu on Wednesday pledged $5 billion in loans and investment for the reconstruction of Iraq after its devastating three-year war with the ISIL terrorist group. Saudi Arabia meanwhile said it would allocate $1 billion to investment projects in Iraq and $500 million to support Iraqi exports, ...
Iraq, the second largest oil producer in the OPEC cartel, plans to sharply increase its output capacity to seven million barrels a day by 2022, its oil minister said Tuesday. Iraq now has an oil production capacity of five million barrels per day (bpd) but is pumping just over 4.7 ...
