Al-Sudani invites Pezeshkian to visit Baghdad

The Iranian Foreign Ministry announced: “The President of the Islamic Republic, Masoud Pezeshkian, received an invitation from Prime Minister Mohammed Shia al-Sudani to visit Iraq.”

According to the Iranian News Agency “IRNA”, Foreign Minister Fouad Hussein conveyed in a phone call to Iranian Foreign Minister Abbas Araghchi, Al-Sudani’s invitation to President Pezeshkian to visit Baghdad.

“IRNA” added, according to the report issued by the Iranian Foreign Ministry, the Iraqi Foreign Minister Fouad Hussein congratulated Abbas Araghchi, in a phone call on Thursday, on his election as the new Minister of Foreign Affairs of the Islamic Republic of Iran.

Hussein expressed his hope that the two friendly countries, Iran and Iraq, would continue to cooperate and interact closely on various issues related to bilateral relations and important regional and international issues.

For his part, Iranian Foreign Minister Abbas Araqchi expressed his appreciation and thanks for the phone call and congratulations from his
Iraqi counterpart, and stressed the special efforts made by the new government of the Islamic Republic of Iran to comprehensively expand and deepen relations between the two neighboring and Muslim countries, and thanked the Iraqi Prime Minister for inviting President Pezeshkian to visit Baghdad and welcomed it.

Araqchi also expressed his condolences on the occasion of the Arbaeen, and appreciated the hospitality of the generous and hospitable Iraqi government and people to the visitors of Abi Abdullah al-Hussein (peace be upon him).

Source: National Iraqi News Agency

Al-Sudani and Al-Hakim stress the importance of concerted efforts of political forces to support the government

Prime Minister, Mohammed Shia al-Sudani stressed, on Friday, the importance of concerted efforts by political forces to support the government.

His media office said in a statement that “Prime Minister Mohammed Shia al-Sudani received the head of the National Wisdom Movement, Ammar al-Hakim.”

The statement added that “the meeting discussed the overall situation in the country, the government’s efforts to move forward with its service and economic files, as well as discussing developments in the region, and Iraq’s calls to stop their repercussions.”

The statement pointed out that during “the meeting, the need to concerted efforts of all political forces was emphasized in order to support the government in implementing its comprehensive development programs, which would have positive effects on our people throughout the country.”

Source: National Iraqi News Agency

Al-Sadr calls for carrying the Palestinian flag during the Arbaeen pilgrimage

The leader of the Sadrist movement, Muqtada al-Sadr, called for carrying the Palestinian flag during the Arbaeen pilgrimage.

His minister, Saleh al-Iraqi, said, “The day after tomorrow is the Arbaeen of Imam Hussein, peace be upon him, and carrying the Palestinian flag has nothing to do with politics.

He added “So I hope that you will not neglect to carry it during the pilgrimage, and that you will not forget your brothers in Gaza and Palestine in your prayers.

Source: National Iraqi News Agency

Oil prices rise 2% at settlement amid hopes of US interest rate cut


Oil prices stopped a 4-day decline and turned to rise at settlement on Thursday evening on expectations of a US interest rate cut next month.

Brent crude futures rose $1.55, or 2.04%, to $77.6 a barrel, while US West Texas Intermediate crude futures rose $1.52, or 2.11%, to $73.45 a barrel at 17:20 GMT.

Oil prices were supported by a US government report on Wednesday showing that crude, gasoline and distillate inventories fell more than expected last week, indicating a recovery in demand.

In the Middle East, Houthi militants continued their attacks on international shipping in solidarity with the Palestinians in the war between Israel and Hamas.

The European Union’s Red Sea naval mission Aspides said on Thursday that a Greek-flagged oil tanker now posed an environmental risk after being attacked in the Red Sea with 150,000 tonnes of crude on board.

Markets are also looking ahead to whether the Organization of the Petroleum Exporting Countries (OPEC) and a broader group of allies such as Russia, known as
OPEC+, will end some voluntary production cuts in October, adding to supply.

Concerns about how OPEC+ output will develop in the fourth quarter if the cuts are reversed have contributed to the slide in prices.

Source: National Iraqi News Agency