Politics

Iraq grapples with power shortages and Iran sanctions as summer looms

The expiration of a U.S. sanctions waiver on Iranian electricity imports is complicating Baghdad's balancing act between Tehran and Washington, while the government scrambles for power supply ahead of peak demand season.

Workers from the Southern Projects Commission of Iraq's State Company for Oil Projects assemble a pipeline designed to carry regassified LNG imported via the Khor al-Zubair port in Basra to power stations in February 2025. (ALI AL-AQILY/Iraq Oil Report)

Apr 7, 2020

Government scrambles for solutions as Iraq faces financial free fall

Confronting low oil prices and a pandemic, Iraq will likely be forced to draw heavily from its foreign currency reserves while slashing oil and investment spending.

Mar 30, 2020

New pipeline streamlines KRG-Iran fuel trade

A newly built cross-border pipeline is expected to begin pumping imminently, allowing Iraqi Kurdistan to continue Iranian fuel imports while reducing truck traffic and coronavirus risks.

Mar 26, 2020

U.S. tightens window on Iraq’s new sanctions waiver

Iraq's latest Iran sanctions waiver is the shortest yet – 30 days – reflecting an ongoing strain in relations between Baghdad and Washington.

Mar 15, 2020

KRG issues new anti-coronavirus orders to oil firms

Regulations for oil and gas companies in Kurdistan reinforce standing WHO recommendations.

Mar 12, 2020

Iraqi Cabinet decisions: March 10, 2020

Whenever the media office of the Council of Ministers releases decisions of the Cabinet, Iraq Oil Report publishes a translation from the original Arabic.

Mar 11, 2020

Iraqi economic crisis looms as oil prices collapse

With Brent nearing $30 per barrel, Iraq faces a budget shortfall that could leave the government unable to pay salaries.

Mar 5, 2020

Q&A: Jabar Yawar, Secretary General of the Peshmerga

Insurgents and gangs continue to fill a security vacuum in Iraq’s disputed territories, as talks between federal and Kurdish forces have been derailed by the political impacts of the Soleimani assassination.

Mar 4, 2020

Iraqi Cabinet decisions: March 3, 2020

Whenever the media office of the Council of Ministers releases decisions of the Cabinet, Iraq Oil Report publishes a translation from the original Arabic.

Mar 3, 2020

Thamir Ghadhban proposed to co-lead interim government

Prime Minister Adil Abd al-Mahdi said his two deputies and his security chief should effectively run the government until a new premier is confirmed or elections take place.

Feb 26, 2020

Oil expert Husain al-Chalabi nominated for Oil Minister

Prime Minister-designate Mohammed Allawi's partial list of proposed Cabinet positions has been made public.