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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)

Political worries realign budget

Iraq’s political leaders have passed a budget that prioritizes social spending and cuts operational and other expenses, after an escalation in pressure from protesters.

KRG financial blackout

The top auditor in the Iraqi government says he's not being allowed access to the KRG's oil and fuel receipts, in possible violation of UN resolutions on Iraq.

Electricity key to keeping power

As protests continue in Iraq, PM Maliki has backed a quick fix to summer power problems, in order to avert blackouts and revolt.

Regional upheaval fuels oil protests

Northern oil workers raised the specter of strikes, as old grievances find fresh expression in Iraqi protests inspired by Egypt and Tunisia.

Sadrist block pushes oil to the people

Iraq's most populist political party is proposing that 15 percent of oil revenues go directly to the country's poor, as domestic protests continue amidst a regional upheaval.

KRG field flows to export pipeline

Iraq has taken its first steps towards exporting 100k bpd of oil from the Kurdistan region, though major issues are still unsettled.

Parliament oil committee named

The new Parliament has approved members to the energy committee, which could shepherd major legislation including the stalled oil law.