Iraqi oil prices recorded a significant increase during daily trading in global markets. Economic data showed the price of Basra Medium crude rose to $64.16 per barrel, while Basra Heavy crude reached $61.86 per barrel. Globally, energy markets witnessed a
similar recovery; British Brent crude climbed to $96.29 per barrel, while the US West Texas Intermediate (WTI) crude recorded $88.22 per barrel, reflecting a tangible recovery in energy sector trading.