Iraqi authorities are investigating the "theft" of $2.5 billion from the tax authority, officials said Sunday, in the latest corruption case to hit the cou..
Iraq's oil wealth is rekindling tensions between federal authorities and the autonomous Kurdish region, in a row that could compromise the lifeline industry and keep investors away, analysts say.
Iraq's oil wealth is reigniting tensions between federal agencies and the autonomous Kurdish region, in a series that could threaten the lifeline industry and
Iraq, the second-largest producer in the Organization of the Petroleum Exporting Countries, sits on enormous oil reserves, and revenues from the sector feed 90 percent of the federal government budget.