Thursday, March 12, 2026

Middle East Banking Shock: HSBC Closes Branches, Citi & Goldman Evacuate Staff

Goldman Sachs and Citi tell staff to evacuate Dubai offices amid Iranian threats

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Goldman Sachs has instructed employees to request permission before going to its offices across the Middle East, according to people familiar with the matter. Standard Chartered PLC also asked employees in the Dubai International Financial Centre and surrounding areas to leave their offices on Wednesday, the people said, declining to be identified while discussing confidential information.

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"Go to the nearest safe place away from the office," Citigroup said in a memo to employees, the contents of which were confirmed by a spokesperson. "Please work from home until further notice."

Several Wall Street banks have already allowed employees in the UAE to work remotely since the start of the war. Some lenders have also offered employees the option to leave the country temporarily, Bloomberg News reported.

The latest moves come as the Associated Press reported that Iran's Joint Military Command said banks and financial institutions are now targets in the Middle East. The AP report did not cite a specific military spokesman or official.

A Goldman Sachs representative declined to comment. A spokesperson for the Dubai International Financial Centre said it had not ordered an evacuation, while ICD Brookfield Place, the centre's largest commercial tower, said it remained operational.

Citigroup said in a statement that all of its employees had been accounted for and were safe, and that it continued to serve customers without interruption.

"The vast majority of our people in the UAE were working remotely, and we have now moved to a fully remote work model for all colleagues based in the UAE," the New York-based lender said in a statement. "The decision to vacate three of our buildings in the UAE was taken out of an abundance of caution."

Standard Chartered said it was monitoring the situation closely, although it confirmed in a statement that the UAE and other markets across the Gulf "remain an important part of our global network."

The latest developments come as Iran continues to strike targets across the Middle East. Dubai International Airport briefly suspended operations earlier on Wednesday after drones crashed into the facility, injuring four people at the world's busiest international airport. Air traffic in the region has been disrupted since the war began on February 28, leaving thousands of passengers stranded.

The threat to shipping from the conflict has also intensified. Three vessels were struck by suspected projectiles in the Strait of Hormuz and the Persian Gulf on Wednesday, one of the heaviest days of attacks since the start of the Iran-Iraq War. The strait has been largely impassable since the early stages of the conflict, driving up crude oil prices and raising fears of an inflationary shock.


RT Bank Spokesperson Addresses Public Salary Withdrawal Issues

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Ilyan Salahaddin, spokesperson for RT Bank, speaks to Channel8 in an interview on 11 March 2026

Ilyan Salahaddin, spokesperson for RT Bank, speaks to Channel8 in an interview on 11 March 2026

 

Ilyan Salahaddin, spokesperson for RT Bank, stated that the issue of public sector employees being unable to withdraw their salaries from ATMs has become more widespread this month compared to previous periods, emphasizing the bank's commitment to resolving citizens' concerns promptly.

The distribution of salaries for February has been scheduled over two days. However, some employees are experiencing issues such as insufficient funds in their accounts and technical difficulties, resulting in delays in receiving their payments.

RT Bank currently leads the MyAccount initiative, holding the largest portion of enrolled employee accounts.

 Salary Disbursement Disruptions Cause Frustration

In Sulaymaniyah, long ATM lines form as salary recipients can't withdraw funds despite receiving messages saying they could. Instead of cash, they get a notification that their money has been withdrawn. 

In Rania, salaries weren't deposited until around 12 o'clock. While waiting, witnesses say two elderly people fainted, and others were unhappy with poor bank services and staff shortages at the ATMs.

In Halabja and Kalar, delayed salary deposits and late ATM restocking have caused frustration among employees, including those from the electricity sector, who face poor banking services.

Meanwhile, speaking to Channel8, a senior official from the Kurdistan Region's Ministry of Finance and Economy said that the problem is temporary and was caused by a heavy load and the influx of employees from outside the cities into the urban centers.

Bank Cites Power Supply Reductions 

The RT Bank spokesperson told Channel8 that most of the issues are related to the current situation in the Kurdistan Region and the wider region due to ongoing conflicts involving the U.S., Israel, and Iran, which have led the government to reduce 24-hour electricity supplies to conserve resources.

She noted that the ATMs faced multiple power-related issues, consistent with the widespread power shortages across Kurdistan, particularly in remote areas requiring UPS units.

Bank Takes Responsibility for Service Disruptions

“We take full responsibility for the issues and apologize to our account holders,” she stressed, adding that efforts are underway to resolve the issues as soon as possible. 

Regarding citizens' concerns that they are not receiving phone calls back when they have a problem and want it resolved, Salahaddin said that sometimes pressure increases, but the staff are on call 24 hours a day to respond to their concerns.

RT Bank Cites High Demand 

RT Bank said in a statement today that the primary cause of the ATM issues was due to increased usage and high demand on their ATM network.


Closure of all HSBC bank branches in Qatar

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Reuters reported on Wednesday that all HSBC bank branches in Qatar have been closed.

The agency reported that “Standard Chartered Bank has begun evacuating a number of its employees from its offices in Dubai,” noting that “banks have intensified their precautionary measures following an Iranian warning that Tehran may target American and Zionist banks in the region.”

She added that "HSBC Bank in Qatar has closed all its branches following the Iranian warning," explaining that "a text message was sent to customers stating that all branches of the bank in Qatar will remain closed until further notice to ensure the safety of customers and employees."


Iran Threatens Strikes on U.S. and Israeli Economic Targets Following Bank Attack

Tehran warns civilians to avoid banks as tensions escalate in the region

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Smoke plumes billow from the site of airstrikes near Azadi Tower in western Tehran on March 10, 2026. (AFP)

Iran’s military on Wednesday vowed to target U.S. and Israeli economic assets in the region, including banks, after overnight attacks reportedly struck an Iranian bank in Tehran.

In a statement carried by state television, the military’s central operational command, Khatam Al-Anbiya, said: “The enemy has given us free rein to target economic centers and banks belonging to the United States and the Zionist regime [the state of Israel].”

The statement urged civilians across the region to avoid approaching banks, recommending people stay at least one kilometer away from such facilities.

Iranian media reported that the overnight strikes hit a bank in Tehran, causing fatalities among employees, though the exact number of casualties has not been disclosed.

The announcement signals a further escalation in tensions between Iran, the United States, and Israel, following a series of military strikes across the Middle East.

Analysts warn that targeting economic infrastructure could significantly widen the conflict and have broader regional consequences, particularly for commerce and civilian safety.

The threat underscores Tehran’s growing willingness to expand its response beyond military and strategic targets, focusing on economic centers linked to U.S. and Israeli interests.

The situation remains fluid as international observers and regional governments monitor the potential for further retaliatory actions.

 

 

Araghchi announces targeting of a branch of Iran's oldest bank and vows retaliation

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Iranian Foreign Minister Abbas Araqchi announced on Wednesday that a bank in Iran had been attacked, targeting the country's national infrastructure.

In a tweet, Araqchi stated, "Iran's national infrastructure is under attack," adding, "This time, a branch of Iran's oldest bank was bombed while full of employees."

He further stated that the bank's staff "were working hard to ensure food supplies for Iranians before the New Year," vowing to retaliate for the attack.

Araqchi asserted that "our mighty armed forces will avenge this crime," without specifying who was responsible.


Experts: Reserves and domestic borrowing are a temporary solution to overcome the crisis

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The Middle East region has recently witnessed rapid developments on both the security and military levels, which has directly impacted the economic conditions in a number of countries in the region, most notably Iraq, whose economy is largely linked to global energy flows and oil export routes. With escalating regional tensions and some countries taking measures related to vital maritime routes, genuine concerns have emerged. 

Among the economic repercussions that may affect countries that rely primarily on oil exports as a main source of public revenue, the government may resort to using its cash reserves or domestic borrowing to cover the shortfall. 

Necessary expenses.

The Strait of Hormuz is one of the most important strategic oil transit routes in the world, as a large percentage of oil exports from the Gulf states and Iraq pass through it to global markets. Therefore, any disruption to shipping or a possible closure of this route poses a major economic challenge to the countries that depend on it to export their oil. Iraq is among the countries most affected by such developments, given its almost complete dependence on oil revenues to finance the general budget and cover various government expenditures.

Taking swift action

Economic expert Ali al-Rubaie told Al-Sabah newspaper: “The sensitivity of the Iraqi economic situation is highlighted by the continued reliance of the state’s public finances on oil revenues, which represent the largest share of the treasury’s resources. These revenues fund the salaries of millions of employees and retirees, as well as social welfare programs, food ration subsidies, and the financing of essential projects and services.” He explained that any decline or halt in oil exports would put the economy to a difficult test, requiring the government to take swift measures to maintain financial stability and ensure continued fulfillment of its obligations. 

With its obligations towards citizens.

He explained that the military operations in the region have cast a shadow on the Iraqi economy, especially after Iran’s decision to close the Strait of Hormuz, through which more than 94 percent of Iraq’s oil exports pass, noting that this practically means the cessation of southern oil exports, which exceed three million barrels per day, which could lead to a significant decline in the state’s financial revenues.

 

Funding basic expenditures

Al-Rubaie explained that the Iraqi economy relies primarily on oil revenues, meaning any disruption to oil exports directly impacts the government's ability to finance its essential expenditures. He noted that the government could implement a range of measures to cover necessary expenses such as salaries and food subsidies, and mitigate the impact of the oil export halt, by resorting to domestic borrowing and utilizing a limited portion of its foreign currency reserves to finance imports.

 

Reassuring citizens and merchants

He pointed out that the Central Bank of Iraq confirmed in its latest statement that foreign reserves cover imports for a full year, and described this message as having contributed to reassuring citizens and traders, especially in light of the measures taken by the bank to support the stability of the local currency and maintain balance in the money market.

Al-Rubaie suggested that the crisis in the region would not last long given the international efforts to contain it, indicating that the current economic measures remain temporary until Iraqi exports return to their normal levels, whether through the southern ports or through other export routes.

 

Disruption in oil exports

For his part, Dr. Raed Mohammed Al-Hassani, an academic and researcher in economic affairs, explained in an interview with “Al-Sabah” that domestic debts can represent a temporary solution to cover the government spending crisis in Iraq, especially in emergency situations such as disruptions to oil exports or regional crises.

He added that the government can resort to borrowing from within the country through government and private banks or through the central bank, as well as issuing bonds or treasury bills to cover urgent expenses such as salaries of employees and retirees, social welfare and the operation of state institutions.

Al-Hassani pointed out that domestic debt could give the government a window of several months to overcome the crisis, but it must be accompanied by other measures, including reducing unnecessary expenditures, increasing non-oil revenues, and improving the management of financial resources.

 

Real economic reforms

He promised that domestic debt represents a short-term rescue tool to overcome the spending crisis, but if it is used for a long period without implementing real economic reforms, it may turn into an additional burden on the Iraqi economy.

In light of these challenges, it is necessary to accelerate plans to diversify the Iraqi economy and reduce dependence on oil as an almost sole source of revenue, by revitalizing other productive sectors such as industry, agriculture and trade, thereby enhancing the national economy's ability to withstand external shocks in the future. 

Major energy companies declare "force majeure" after gas production halts in Qatar

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Major energy companies declare "force majeure" after gas production halts in Qatar

Major energy companies, including Shell and Total Energies, have declared force majeure for some of their customers after production was halted at Qatar's main liquefied natural gas facility, sources told Reuters on Wednesday.

The sources said that the companies informed their customers that they were unable to meet some of their commitments to deliver LNG shipments related to supplies provided by Qatar Energy, as a result of the production stoppage at the facility, which has a capacity of about 77 million tons per year.

She added that the declaration of "force majeure" allows companies to temporarily suspend their contractual obligations when circumstances beyond their control disrupt the execution of contracts.

The sources indicated that the production disruption at the Qatari facility caused a disruption in the supply of liquefied natural gas related to contracts managed by international energy companies, prompting them to officially notify their clients of the activation of this clause.

There were no immediate comments from the companies involved or from Qatar Energy regarding this move.


Trump speaks about falling oil prices and financial markets

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Trump speaks about falling oil prices and financial markets

 

The US president predictedDonald TrumpOn Wednesday, oil prices fell, but the financial markets were doing well.

He saidTrumpIn his speech, he said, "We are achieving a feat that no one expected inIranHe added, "A short operation in Iran will keep us from going to war."

He added, "The financial markets are fine, and we will lower oil prices," emphasizing, "War is easy for us. We destroyed drone factories, struck approximately 28 Iranian mine-laying boats, and targeted the Iranian leadership twice."

[The text abruptly ends here.]USASince February 28, 2026, Israel has been conducting a large-scale military operation against Iran, which resulted in the assassination of the Supreme Leader.Mr. Ali KhameneiAnd dozens of commanders, as missile and drone strikes continue to be exchanged and tensions escalate in the region.


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A government advisor identifies two benefits of rising oil prices despite OPEC restrictions.

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The financial advisor to the Prime Minister, Mazhar Muhammad Saleh, confirmed that the arrival of global oil prices at the $90 per barrel mark gives Iraq an important financial opportunity to boost its revenues and improve its ability to finance its economic obligations, noting that every increase of one dollar adds hundreds of millions of dollars annually to the public treasury.

Saleh told Al-Furat News Agency that the increase has direct benefits, most notably an increase in financial resources that enable the state to finance infrastructure projects such as electricity, roads and housing, and to meet obligations towards the salaries of employees and retirees, as well as reducing the need to borrow to cover the financial deficit.

He added that increased returns effectively contribute to strengthening the central bank’s foreign currency reserves, which positively impacts the stability of the Iraqi dinar exchange rate, enhances confidence in the financial system, and gives monetary authorities greater ability to cope with economic shocks.

Saleh explained that fully benefiting from these prices faces limitations, including Iraq’s commitments within the OPEC+ alliance, which may impose production quotas, in addition to geopolitical challenges and their impact on the safety of vital maritime routes such as the Strait of Hormuz, which may hinder the smooth flow of exports.

He pointed to a structural challenge in that a large part of the revenues goes towards operating expenses and salaries, calling for the need to invest financial surpluses in building a diversified economic base that includes the industry, agriculture and tourism sectors, to reduce the almost total dependence on oil and avoid the risks of future global price fluctuations.




The Ministry of Finance is exploring economic reforms and ways to boost non-oil revenues.

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Finance Minister Taif Sami directed on Wednesday that non-oil revenues be strengthened. The ministry said in a statement that “Minister of Finance, Taif Sami, chaired today the periodic meeting of the ministry’s advisory board, in the presence of the advisor and the directors general of the ministry and its formations,” indicating that “during the meeting, financial and economic reforms were reviewed and discussed, with a focus on evaluating the institutional performance of the past period and developing plans to raise the efficiency of administrative and financial work in line with the directions aimed at achieving financial stability in the country.”

She added that "the meeting witnessed discussions on vital issues, foremost among them the axis of maximizing public revenues." The minister stressed "the need to intensify efforts and push towards enhancing non-oil revenues in accordance with a modern vision that adopts digital transformation." She stressed "the importance of joint coordination between the ministry's departments towards a comprehensive structural reform that ensures the sustainability of financial resources and directs them towards the most important development sectors."


Al-Maliki divides the coordination framework into three wings, and Al-Amiri seeks to bring them together at a "breakfast banquet".

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Al-Maliki divides the coordination framework into three wings, and Al-Amiri seeks to bring them together at a "breakfast banquet".

An informed political source revealed on Wednesday that the head of the Badr Organization, Hadi al-Amiri, is making efforts to bring together the leaders of the Coordination Framework and bring them to the negotiating table to resolve the crisis of the candidate for the upcoming government.

Al-Amiri’s attempts come after the escalation of the dispute between the parties within the framework regarding the leader of the State of Law Coalition, Nouri al-Maliki, the candidate for prime minister, around whom disagreements have revolved within the Shiite bloc itself, as well as from partners in the political process, in addition to external pressures, most notably the American ones, which reject al-Maliki assuming the premiership.

The source told Shafaq News Agency, "There are attempts by Al-Amiri to bring together the leaders of the Coordination Framework for an Iftar or Suhoor meal in the coming days to resolve the political dispute and solve the crisis of the prime minister candidate and the formation of the next government."

He explained that "the coordination framework is currently divided into three wings, one of which includes Nouri al-Maliki, Mohsen al-Mandalawi and Hussein Mounis, another against al-Maliki which includes Ammar al-Hakim and Qais al-Khazali, and a third wing that is currently reserved which includes Hadi al-Amiri, Humam Hamoudi and Mohammed Shia al-Sudani."

The parties of the coordination framework were supposed to meet on Monday to resolve the disputes and reach a candidate for the next government, but this did not happen due to the lack of convergence of views, according to a source in the coordination framework.

The source told Shafaq News Agency that "most of the forces within the framework had agreed to renew the mandate of caretaker Prime Minister Mohammed Shia al-Sudani, but the insistence of the framework's candidate, Nouri al-Maliki, on his nomination, along with the rejection by some important parties in the Shiite bloc of renewing al-Sudani's mandate, thwarted the meeting and no date was set for it to be held again."

He added: “Official public meetings may be postponed until after the Eid al-Fitr holiday, meaning that internal meetings will continue to reach a final solution after clarifying the reasons for the rejection of the Sudanese renaming by the objecting parties.”

The framework, which is an alliance that includes the largest Shiite forces in parliament, occupies the position of the broadest bloc constitutionally capable of naming a candidate for prime minister after the election of the president of the republic.

Informed political sources told Shafaq News Agency at the time that last Monday’s meeting was to discuss whether Maliki would remain the framework’s candidate or withdraw in favor of another consensus figure, with Maliki to inform the framework’s leaders of his final position during the meeting.

According to the same sources, the meeting was preceded by separate meetings between prominent leaders within the framework, one of which included Ammar al-Hakim, Qais al-Khazali and Muhammad Shia al-Sudani, while another meeting brought together Nouri al-Maliki, Mohsen al-Mandalawi and Humam Hamoudi, and was also attended by the Popular Mobilization Forces leader Abu Fadak al-Muhammadawi, which is a first of its kind.

The participation of Abu Fadak al-Muhammadawi, the chief of staff of the Popular Mobilization Forces, has a special political and security significance, as it comes at the height of the regional confrontation between Iran on one side and the United States and Israel on the other, and with the escalation of American warnings that Iraqi factions loyal to Tehran may expand the circle of targeting inside Iraq, while the American embassy in Baghdad was subjected to a missile attack during the past few days.

The Coordination Framework had officially nominated Maliki on January 24, a move that opened the door to negotiations to form the new government, but the process faltered as disagreements continued over the election of the President of the Republic, the constitutional entitlement that precedes assigning the candidate of the largest bloc to form the government.

Any future prime minister in Iraq will face challenges in managing the balance between Iranian influence and American pressure, as well as the issue of armed factions linked to Tehran.

Pressure on Maliki’s nomination increased after US President Donald Trump announced on January 27 that Washington would not continue to support Iraq if Maliki returned to the premiership, while Maliki later said he would welcome a decision to replace his nomination if it came from the coalition that nominated him.


And Muhammad Jamil Al-Mayahi as well

A group of MPs were at Maliki's office, including Amer Abdul-Jabbar and Hussein Mounis.

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A group of MPs were at Maliki's office, including Amer Abdul-Jabbar and Hussein Mounis.

Maliki gathers nearly 30 MPs in his office to discuss the latest political and security developments and regional repercussions on Iraq

 

The head of the State of Law Coalition, Nouri al-Maliki, received in his office today, Wednesday (March 11, 2026), about 30 MPs, including the head of the Rights Movement, Hussein Mounis, Amer Abdul-Jabbar, and Muhammad Jamil al-Mayahi.

The media office of Maliki stated in a statement, a copy of which was received by 964 Network, that “the head of the State of Law Coalition, Mr. Nouri al-Maliki, received in his office this evening a number of members of the House of Representatives, in a meeting during which the latest developments on the political and security scene were discussed.”

He added that “the meeting discussed the current events in the region and their repercussions on the political and security realities, with the attendees stressing the importance of monitoring regional developments and dealing with them in a way that preserves the country’s interests and stability.”

He added that “the need to unify the national ranks and strengthen the spirit of cooperation among the various political forces to confront the current challenges, and to work with a spirit of national responsibility in a way that serves the interest of the people, was emphasized.”

According to the statement, the participants discussed “coordinating the positions of parliamentary forces within the House of Representatives, in a way that contributes to supporting legislative and oversight work, and enhances political stability in the country.”

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Al-Sudani enjoys broad American and regional acceptance, and Al-Maliki's chances of leading the government are slim – Ramadan Al-Badran

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Ramadan Al-Badran

Strategic affairs expert Ramadan Al-Badran confirmed that the chances of current Prime Minister Mohammed Shia Al-Sudani continuing to lead the Iraqi government appear to be the strongest in the next stage, noting that the nomination of former Prime Minister Nouri Al-Maliki “seems like a nomination for a politically dead opportunity” in light of the current circumstances.

Al-Badran told Al -Jarida that the political circumstances, the indicators of the election results, and the international reactions, especially the American ones, make it difficult for a figure who is seen as being largely aligned with Iran to reach the premiership, noting that the new political equation requires a balance in regional and international relations.

He explained that al-Sudani is a figure who is largely acceptable to the Americans, indicating that Washington does not see him as the man who will achieve all its ambitions in Iraq, but considers him the best available option to manage the next phase.

He added that during his time as Prime Minister, Al-Sudani was able to manage Iraq’s foreign relations in a balanced way, away from regional rivalries. He established positive relations with Turkey, culminating in the development road project. He also dealt flexibly with the Syrian issue and took the initiative to communicate with the new Syrian leadership, at a time when other political forces took hardline positions towards change in Syria.

Al-Badran pointed out that the Prime Minister also strengthened Iraq’s relations with the Gulf states, considering that the meetings that took place in Qatar and the indicators of regional coordination reflect the existence of harmony between Baghdad and the Gulf system in many files.

Regarding the American position, he pointed out that the recent visits and meetings between American and Sudanese officials showed a clear level of acceptance, stressing that the impressions conveyed to Washington were positive about the future of the relationship with Iraq.

He explained that the United States has a “good track record” in dealing with Sudan, in addition to a relative consensus on the future of the relationship between Iraq and the region, which makes it, from its point of view, the most suitable option for managing the next phase.

Al-Badran concluded by saying that the coordination framework may move towards dealing realistically with the current data and not miss the opportunity of Al-Sudani’s continuation, considering him to be the figure capable of protecting the framework’s balances, dealing with the resistance factions, and at the same time maintaining Iraq’s regional and international relations during the next stage.



US security warning of possible Iranian drone attacks on the US West Coast

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ABC News, citing informed sources, reported that the FBI has warned California police departments of the possibility of Iranian drone attacks targeting the U.S. West Coast.

According to the sources, the warning is part of precautionary measures taken by U.S. security agencies amid escalating tensions, with local law enforcement urged to raise their alert levels and monitor any suspicious activity that might indicate potential threats.

Iranian President: We have 3 conditions to end the war

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Iranian President Masoud Pezeshkian on Wednesday set three conditions for ending the war that America and Israel started against Iran on February 28.

 Pezeshkian wrote in a post on his “X” account that the only way to end the war started by both Israel and the United States is to “recognize Iran’s legitimate rights, pay compensation for the damages resulting from the aggression, and impose strict international obligations not to attack Iran again.”

Pezeshkian explained that these principles represent the only way to achieve a just and sustainable solution to the regional conflict, stressing that Iran will not back down from its legitimate rights in the face of any future transgressions.

He noted that during his talks with the heads of government of Russia and Pakistan, he emphasized the Islamic Republic’s commitment to maintaining peace and stability in the region.


Al-Sudani affirms to Bin Salman Iraq's keenness to end the war

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Mohammed Shia Al-Sudani and Mohammed bin Salman

 

 
Iraqi Prime Minister Mohammed Shia al-Sudani affirmed Iraq’s commitment to making every effort to end the war in the region and to find peaceful solutions that guarantee security and preserve the sovereignty of the countries in the Gulf region and Iran.
 
A statement issued by the Iraqi Prime Minister's Media Office on Wednesday (March 11, 2026) said that "the importance of joint action and coordination was emphasized, to stop the war and find peaceful solutions to all crises, away from the military solution that threatens regional and international peace."
 
He added that Iraq is working in every way possible to stop this war, which "is leaving negative effects on the security of the brotherly peoples of the region."
 
He reiterated his emphasis on "Iraq's refusal to be a launching pad for targeting any country, just as it refuses to allow its own territory to be targeted."
 

Sudanese to Pezeshkian: We reject the violation of our sovereignty and the targeting of Iran from our territory.

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Mohammed Shia Al-Sudani and Masoud Pezeshkian


Iraqi Prime Minister Mohammed Shia al-Sudani, in a phone call with Iranian President Masoud Pezeshkian, affirmed Iraq's rejection of any violation targeting its territory, stressing that attacks against Iraq constitute a breach of its sovereignty and security and are unacceptable.
 
Al-Sudani stated on Wednesday (March 11, 2026) that while the Iraqi government is committed to the security and sovereignty of Iran, it will not allow any party or individuals to use Iraqi territory as a launching pad for attacks against Iran.
 
On behalf of the Iraqi government and people, the Prime Minister reiterated his condolences on the martyrdom of Supreme Leader Ayatollah Ali Khamenei, several members of his family, and Iranian citizens, wishing a speedy recovery to the wounded.
 
Al-Sudani also emphasized Iraq's rejection of war targeting Iran, expressing Baghdad's commitment to the security and safety of the region and its people, and its readiness to exert efforts to end the escalation and return to dialogue and peaceful solutions, rejecting the language of force that threatens regional and international security and stability.
 
For his part, Pezeshkian expressed his gratitude for Iraq’s stances rejecting the logic of using force to resolve conflicts, as well as the Iraqi government’s efforts to preserve the security and stability of the region, stressing his country’s commitment to Iraq’s sovereignty and territorial integrity.




Two tanker crews evacuated after being targeted and set ablaze in Iraqi waters

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Two tanker crews evacuated after being targeted and set ablaze in Iraqi waters

The docking officer, Captain Qais Thahir Ali, told Al-Mirbad that the STS area in Iraqi territorial waters was involved in an accident after a drone boat collided with one of the docked tankers, which led to a fire breaking out and a full explosion.

He explained that the staff of Durrat Al Khaleej Al Arabi Company were able to rescue the tanker’s crew of 28 people, as 27 of them were rescued, while one death was recorded.

He added that the crew of the other tanker left the ship using a safety boat and headed towards the port, before the port search and rescue authority rescued them.

He noted that the area had been completely evacuated, while specialized teams continued firefighting operations on the two tankers.

https://www.youtube.com/watch?v=e5iEoE6BiBc



A large US military convoy is withdrawing from Iraq towards the largest US base in Syria.

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On Wednesday, a convoy of military armored vehicles and trucks loaded with military equipment, including air defense systems, was seen heading towards Qasrak base in northeastern Syria, coming from Iraq.

Qasrak base is one of the largest American bases in Syria.

Last January, US forces evacuated part of their military equipment at the Qasrak base, amid reports that Washington intended to end its military presence in Syria within a month.

It also ended its presence at the Al-Tanf base in the Homs countryside and the Al-Shaddadi base in the Hasakah countryside at the beginning of this year, and handed them over to the Syrian Ministry of Defense forces, after 12 years that its forces spent in bases in the north and east of the country to confront the “ISIS” organization.