Iraq - AL-MONITOR: The Middle Eastʼs leading independent news source since 2012

Iran cover image

Iraq

October 9, 2026

Baghdad 3:20 am

26°C

A man walks past a closed foreign exchange office in Baghdad on October 7, 2026. Iraq's central bank devalued the dinar currency against the dollar on October 7, with the country facing a deepening crisis brought on by the Middle East war. (Photo by AHMAD AL-RUBAYE / AFP via Getty Images)

Iraq devalues dinar 13% as Hormuz disruption hits oil revenue

The central bank said in a statement that it had revised the official exchange rate to 1,520 Iraqi dinars per dollar from around 1,320.

A member of the Iraqi security forces flashes the victory sign during a military parade

Explainer

What Iraq’s US troop withdrawal means for security after Kirkuk killings

As Iraq assumes full responsibility for its security following the coalition’s withdrawal, a disputed counterterrorism operation in Kirkuk is raising questions about accountability, public trust and lingering security gaps.

Members of Iraq's Hashed al-Shaabi (Popular Mobilization) paramilitary forces stand guard during an election rally for the "Asaib Ahl al-Haq" movement in the capital Baghdad, on October 7, 2021.

Analysis

After US exit, Iran gains space in Iraq and a harder balancing act

For Iran, the easier part may have been getting Washington out, but it may now have to struggle turning the absence into durable influence and reviving its allied militias without provoking instability.

A correspondent in Tehran

By A correspondent in Tehran

In Tehran, reporting on politics

US President Donald Trump meets Syrian President Ahmed al-Sharaa (L) on the sidelines of the NATO Summit at Bestepe Presidential Compound in Ankara, on July 8, 2026.

Trump’s integration policies build on Gulf, Turkey ties and Syria success

Iran’s influence, and the potential for renewed conflict, complicate progress in Iraq.

Latest News

Iraq announces Iran flights to resume: What to know

An Airbus A321 airliner arrives at the Mehrabad international airport during the delivery of the first batch of planes to the Iranian state airline Iran Air in the capital Tehran on Jan. 12, 2017.

Analysis

Can Turkey’s Bashiqa withdrawal pave the way for deeper Iraq ties?

Turkish soldiers conduct military exercises near the Habur crossing gate between Turkey and Iraq on Sept. 27, 2017 in the Silopi district, southeast Turkey.

Barin Kayaoglu

By Barin Kayaoglu

In Ankara, reporting on geopolitics and national security

Analysis

How militias in Anbar could complicate Iraq’s energy ambitions

Iraqi soldiers from the new 'desert battalion' special forces stand next to military vehicles as the take part in a graduation ceremony, after months of training by the French military, at the Ain al-Asad air base in Anbar west of Baghdad on February 29, 2024. (Photo by Ahmad AL-RUBAYE / AFP) (Photo by AHMAD AL-RUBAYE/AFP via Getty Images)

Shelly Kittleson

By Shelly Kittleson

In Baghdad, reporting on Iraqi politics

Amberin Zaman

Chief Correspondent

Reporting on geopolitics, minorities, human rights, culture

Jared Szuba

Defense and Security Correspondent

In Washington, DC, reporting on defense, national security, military

Beatrice Farhat

Associate Editor (Lebanon)

In Beirut, reporting on regional news, culture, conflict

Suadad al-Salhy

In Baghdad, reporting on politics and security

Lyse Mauvais

In Amman, reporting on humanitarian crises

Winthrop Rodgers

In Sulaymaniyah, reporting on Kurdish issues

The road to rebuilding Raqqa

The city of Raqqa, newly liberated from the Islamic State by the Kurdish-led and US-supported Syrian Democratic Forces, will now face the challenges of reconstruction and uprooting the jihadi threat once and for all.

Iraq-Turkey border confusion: Who's in charge here?

The sight of Turkish soldiers at the Habur border crossing with Iraq for the first time in 26 years raised many questions and a lot of conflicting answers.

Baghdad looks to take control of KRG oil

The federal government in Baghdad seeks to extend its full control over all oil wells in the disputed areas between Baghdad and the Kurdistan Region, even those within the region.

Russian President Vladimir Putin enters a hall to meet with members of the Presidential Council for Civil Society and Human Rights at the Kremlin in Moscow, Russia October 30, 2017. REUTERS/Kirill Kudryavtsev/Pool - RC1E30F1E010

Putin, Khamenei agree they need each other

Iran and Russia deepen energy cooperation; Iran has Hezbollah’s back; does the CIA have a back channel to Assad?

Culture Alert: November the month for contemporary art, photography

Several major art events are entering their final weeks and months in the region.

Shi'ite Popular Mobilization Forces (PMF) are seen in Zumar, Nineveh province, Iraq October 18, 2017. REUTERS/Ari Jalal - RC1E698CF530

Iran unlikely to sit idle as US targets Hezbollah, PMU

Tehran views US actions against Iran's friends in the region as nothing short of a plot to sabotage the republic's strength and restrict its area of influence.

Will Iraqi-Saudi rapprochement undermine Iran’s role in Iraq?

With US support, Saudi Arabia and Iraq are getting close to each other to minimize Iran's influence in Iraq.

TOPSHOT - A picture taken on October 26, 2017 shows rockets being launched from Iraqi security forces' against Kurdish Peshmerga positions in the area of Faysh Khabur, which is located on the Turkish and Syrian borders in the Iraqi Kurdish autonomous region. / AFP PHOTO / AHMAD AL-RUBAYE (Photo credit should read AHMAD AL-RUBAYE/AFP/Getty Images)

Kurdish crisis imperils US anti-terror fight in Syria

The dispute between Baghdad and Erbil threatens a key border crossing used to resupply US-backed troops battling the Islamic State in Syria.

Iraq's clairvoyants see fame, fortune — for themselves

The practice of magic and sorcery has become widespread in Iraq as TV channels give them a platform and people pay huge amounts for quick remedies and potions.

Iraq's Kurdistan region's President Massoud Barzani gestures during a joint news conference with German Foreign Minister Sigmar Gabriel (not pictured) in Erbil, Iraq April 20, 2017. REUTERS/Azad Lashkari - RC1B15FF9BC0

Ankara still frosty toward KRG as Barzani exits

Despite the decision by the Kurdistan Regional Government's President Masoud Barzani to step down, Turkish hostility toward him and his likely political successors has not abated.

Russian President Vladimir Putin delivers a speech during a session of the Eastern Economic Forum in Vladivostok, Russia September 7, 2017. REUTERS/Sergei Karpukhin - RC1584AB80C0

Putin resets Iraqi energy landscape as Barzani steps aside

Russian moves maximize leverage as US stumbles on Iraqi Popular Mobilization Units; Massoud Barzani resigns as Kurdistan Region president; Syria and Russia take initiative with regard to local governance in Syria.

Mounting calls to form 'national salvation government' in Iraqi Kurdistan

Amid the rejection of the two main parties, opposition parties in the Kurdistan Region are calling for a so-called government of national salvation.