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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)

KRG threatens export cutoff

A year-old export agreement with Baghdad appears to be going sour, as Kurdistan demands $1 billion in backlogged payments and levies allegations of missing oil.

Iraq fights for transparency bid

Overcoming resistance from companies favoring secrecy, Iraq has published the first report on its road to international transparency certification.

Basra gains clout amidst protests

Locals near the Shell-operated Majnoon oil field staged demonstrations over unemployment, as visiting leaders from Baghdad met provincial demands for more powers and better services.

Exxon has ‘days’ to respond

Deputy PM says ExxonMobil must soon respond to Baghdad's ultimatum and freeze deals in Kurdistan or else lose all opportunities in southern Iraq.

Oil law struggles for daylight

Parliament committee could press for formal validation of existing oil deals with Baghdad and KRG, but efforts are being overshadowed by political crisis.

Q&A: Hussain al-Shahristani

The government's top energy official discusses ExxonMobil's options, fourth bidding round contract models, and federalism.