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Energy

Northern pipeline restart offers limited relief

A political breakthrough unlocks Iraq's only secondary pipeline export outlet, but volumes are capped by infrastructure constraints and security threats.
Welders work to repair the Iraqi side of the Iraq-Turkey Pipeline in March 2026. (Photo credit: NOC worker)

UPDATE: Depot fire temporarily cuts Iraqi crude exports

An explosion at the Zubair-1 depot has taken up to 1.5 million bpd of Basra Medium crude exports offline, as Iraq scrambles to divert production to storage and implement workarounds to recover export volumes.

Iraq oil output rebounds in August

Production increased in August as OPEC-plus quotas continued to ease and fields in Iraqi Kurdistan recovered from drone attacks.