Iraq ranks third in crude oil supplies to India, 21 JAN

Iraq ranks third in crude oil supplies to India

Shafaq News / Reuters revealed on Saturday that Iraq ranked third on the list of major crude oil suppliers to India during December of last year.

In its report, it added that Russian oil constituted one-third of India's total oil imports in December, making Moscow the largest crude supplier to New Delhi, with exports reaching 9,561,014 metric tons, equivalent to 69.795 million barrels.

Saudi Arabia secured the second position with exports totaling 5,986,945 metric tons or 43.704 million barrels.

The report continued that Iraq claimed the third position with exports amounting to 5,129,418 metric tons, equivalent to 37.444 million barrels.

It noted that the list of suppliers also included the United Arab Emirates, Oman, and Kuwait.

https://shafaq.com/en/Economy/Iraq-ranks-third-in-crude-oil-supplies-to-India

"RV UPDATE" BY WALKINGSTICK, 21 JAN

 Walkingstick 

 They are now in Davos... Iraq's monetary reform is a hot topic because Iraq's monetary reform is restoring confidence in the Middle East...These conferences are only by invitation only.  To see Iraq there and to be the star at the Davos meeting tells us Iraq is no longer with a program rate.  It is an impossibility...

Movements before they release the lower denoms and new exchange rate we expected to see this... 

December was to have everything ready in place to go.  January all these systems are being implemented through the monetary reform education. From private banks like the one Aki [Iraqi bank friend] represents to international markets as of today January 15, 2024 they're all international now.

  It's what we expected...there's not more to say...because everything now is in print...

https://dinarevaluation.blogspot.com/2024/01/rv-update-by-walkingstick-17-jan.html

• Mon. 15 Jan. In Dec. Walkingstick: Everything was ready in place to go. During Jan. all systems were being implemented through the monetary reform education.  As oftoday 15 Jan. they’re all international – from private banks like the one Aki [Iraqi bank friend] represents to international markets. It’s what we expected. There’s not more to say because everything is in print now.

iraqi dinar✅This Is Massive Update / United States Treasury Celebrating...

Violent explosions shook the Ain al-Assad base, 21 JAN

Violent explosions shook the Ain al-Assad base

Information/Anbar..
On Saturday, a security source reported that violent explosions were heard inside the Ain al-Assad base building in western Anbar.

The source said in a statement to the Al-Ma’louma Agency, “Violent explosions rocked the building of the Ain Al-Asad air base in the Al-Baghdadi district of Hit district, west of Anbar, followed by heavy fire from the American air defenses indiscriminately.”

He added, “The American forces imposed an air umbrella over the Ain al-Assad base, while the air defenses fired a number of gunfire into the air.”

He pointed out that “the security forces suggested that these explosions were caused by a missile attack on the base building,” explaining that “the security situation in all Anbar cities is safe and stable without any case of infiltration or security breach recorded.”

It is worth noting that Ain al-Asad Air Base, west of Anbar, is exposed from time to time to missile and drone attacks without the ability of the air defense system to confront these attacks.

almaalomah.me

"RV UPDATE" BY MARKZ, 21 JAN

 MarkZ  

 [via PDK]   Comment:  Vietnam is sitting really pretty in their economy. They are main processors of silver! And get this, Cinnamon!   MarkZ:  News from Vietnam: “Vietnam treads the path to becoming an International Financial Hub”   There is a lot of pressure from countries around the world for Vietnam to move their currency value up. Great things happening there.

“Iraq won the position of Director General of the Arab World Institute in Paris”  This means they are on the world stage. What is going to be necessary for this? Full membership in the WTO and a new rate. That would make sense. Yesterday was a great news day from Iraq where they are openly talking about changing their value and a rate competing with the US dollar.

 “ Iraq and the IMF are discussing cooperation and start meetings soon to support a reform program” 

 They would not be having these meetings on Iraq on the world stage unless they were ascending to the WTO and about to have a valuation change. And that is certainly what we are hearing from contractors and government officials inside Iraq.

 We just don’t know the exact time…but know they are prepared. And they told us via an article...that they are getting ready to peg their currency to a basket of currencies from the region to increase the value of the dinar to compete with the US dollar. 

https://dinarevaluation.blogspot.com/2024/01/iraq-won-position-of-director-general.html

Iraqi dinar 🔥 Big rate change officially confirmed 🔥 Dinar rate today

Once again…resubmitting the oil and gas law to the discussion table of Parliament and the government, 21 JAN

Once again…resubmitting the oil and gas law to the discussion table of Parliament and the government

Information / Baghdad..
The representative of the Patriotic Union of Kurdistan bloc, Sarwa Muhammad Rashid, stressed on Saturday the need to expedite sending the draft oil and gas law, while confirming that the law is on the table of government and parliamentary discussions.
Zanganeh said in an interview with the Maalouma Agency, “The discussions of the region and the center during the last period focused on finding a road map through legislation of the oil and gas law, as it ends the outstanding crisis between the federal government and the Kurdistan region.”
She added that “passing the oil and gas law will eliminate all outstanding problems between the federal government and the Kurdistan region,” noting that “after several months passed during the stages of writing the oil and gas law, it was not sent to Parliament for discussion.”
She continued, “Parliament is waiting for the legislation of this law until it finishes the issue of how to export oil or invest gas in the coming stages.”
The former member of the Parliamentary Oil and Energy Committee, Ghaleb Muhammad, confirmed to Al-Maalouma that passing the oil and gas law requires consensus among the large blocs that have a majority within the House of Representatives.

almaalomah.me