Iraq

Turkey Proposes Extending Iraq’s Kirkuk Pipeline to Basra

Turkey has proposed a new plan to extend the Kirkuk pipeline to Basra. The move aims to strengthen Iraq’s oil export capacity. The proposal comes...

Iraq Faces Fiscal Shock as Oil Exports Collapse During Gulf Conflict

A sudden drop in crude shipments now threatens Iraq’s economic stability. The Iraq oil crisis has raised serious concern among economists and policymakers. Iraq...

Turkey Proposes Extending Iraq’s Kirkuk Pipeline to Basra

Turkey has proposed a new plan to extend the Kirkuk pipeline to Basra. The move aims to strengthen Iraq’s oil export capacity. The proposal comes...

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Turkey Proposes Extending Iraq’s Kirkuk Pipeline to Basra

Turkey has proposed a new plan to extend the Kirkuk pipeline to Basra. The move aims to strengthen Iraq’s oil export capacity. The proposal comes...

Iraq–Kurdistan Oil Dispute Escalates Amid Regional Instability

The Iraq–Kurdistan oil dispute has intensified after Kurdish authorities refused to restart exports through the northern pipeline to Turkey. The disagreement comes as regional...

Iraq Faces Fiscal Shock as Oil Exports Collapse During Gulf Conflict

A sudden drop in crude shipments now threatens Iraq’s economic stability. The Iraq oil crisis has raised serious concern among economists and policymakers. Iraq...

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Iraq Secures US Tariff Exemption for Oil Trade

Iraq announced that its oil trade with the United States will not face the new 30 percent US tariff. This decision gives Iraq major...

Iraq Expands Najaf Refinery to Boost Fuel Production

Iraq has officially launched the Iraq Najaf refinery expansion to increase fuel production and improve the country’s energy security. Prime Minister Mohammed Shia Al-Sudani...

U.S. Tightens Iran Oil Sanctions Targeting Iraqi Smuggling Networks

The U.S. government has expanded Iran oil sanctions to target several networks accused of smuggling Iranian oil. These sanctions aim to block profits that...

Iraq Oil Cooperation Talks Boost Energy Ties with Russia

Iraq oil cooperation continues to grow stronger through recent high-level talks with Russia. Iraq’s Minister of Oil, Hayan Abdul Ghani, led a key meeting...

Basrah Crude Prices Slip as Global Oil Market Stabilizes

Basrah crude prices declined slightly as the international oil market showed signs of stabilization. The drop affected both Basrah Heavy and Basrah Medium, highlighting...

Iraq Economic Growth Ranks 4th Among Arab Oil Producers

The improvement of economic performance in Iraq will rise to 4.1% in 2025, according to the International Monetary Fund's latest projections. This follows a...

Iraqi Oil Exports to US Decline as Canada Leads Supply Surge

Iraqi oil exports to US fell noticeably last week, reflecting changes in the US crude oil import landscape. According to data released by the US...

CPEC Subsidiary Wins Major Iraq Gas Project from TotalEnergies

China Petroleum Engineering Corporation CPEC Subsidiary has announced a big win. Its fully owned subsidiary, China Petroleum Pipeline Engineering, received a new contract. In addition,...

Iraq Oil Production Plan Boosts Local Industry

The Iraq oil production strategy is gaining momentum as the government approves new steps to strengthen domestic oil production. As a result, officials aim...

OPEC Oil Output in May Rises Less Than Planned in Iraq and the Gulf

OPEC oil output in May increased slightly but fell short of expectations, as Iraq and Gulf states limited production boosts. The Reuters survey revealed...

Basrah Crude Oil Prices Rise Despite Global Oil Drop

Basrah crude oil prices climbed modestly, showing strength even as global oil markets trended downward. Basrah Heavy crude increased by 99 cents to $61.41...

Iraq Boosts Oil Output at Nasiriyah and Saba Fields

Iraq boosts oil output at Nasiriyah and Saba Fields after strong local engineering efforts. The Ministry of Oil announced that both fields now produce...