Global English

#Oil Revenue

2 articles with this tag

Iraq's Dinar Devaluation Sparks Consumer Fears Amidst Oil Revenue WoesEconomy

Iraq's Dinar Devaluation Sparks Consumer Fears Amidst Oil Revenue Woes

Iraq's Central Bank devalued the dinar by 15%, raising the dollar selling rate to 1,520 dinars. This move aims to protect public finances amid falling oil revenues but has sparked concerns among residents about rising living costs and eroding purchasing power.

The National|October 18, 2026|1
US Imposes Sweeping Sanctions on Nearly 60 Entities Targeting Iran’s EconomyEconomy

US Imposes Sweeping Sanctions on Nearly 60 Entities Targeting Iran’s Economy

The US Treasury Department has imposed sweeping sanctions on nearly 60 individuals and entities across multiple nations to isolate Iran's economy amid ongoing conflict.

Al Jazeera English|August 29, 2026|1