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Energy

Iraqi wartime production cuts reach 3.6 million bpd

Iraq is navigating acute logistical and infrastructure challenges to maximize refinery consumption and exports while the Strait of Hormuz remains closed.
Workers from the state-run Iraqi Drilling Company (IDC) work on a well at the West Qurna 1 field in Basra in March 2026. (Photo credit: IDC)

Court replaces expert in oil rights case

The Supreme Court rescinded the appointment of a technical expert after KRG lawyers challenged his objectivity, further delaying a case to adjudicate Baghdad-KRG oil disputes.

Iraq production surges after OPEC meeting

Oil Ministry unleashes latent capacity from state-run fields in July, more than compensating for production dips resulting from protests in southern Iraq.

July oil exports and revenues rise

Federal oil revenues hit a four-year high as exports increased through both the Basra Gulf and the KRG-controlled northern export system.

Iraq struggles to contain Basra oil protests

A demonstration threatens to shut down roads into the West Qurna 1 oil field as protesters, emboldened by a supportive message from Sistani, rail against government failures.