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Tuesday, September 8, 2026
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Iraq Seeks One-Year Pipeline Extension as Energy Negotiations Continue with Türkiye

The Iraq-Türkiye oil pipeline talks have entered a critical stage as Baghdad seeks more time to reach a long-term agreement with Ankara. Iraqi officials have formally...

Iraqi Crude Exports Resume as Basra Ports Load Four Million Barrels

Iraqi crude exports resume with renewed activity at the country's southern oil terminals. Two large tankers are currently receiving a combined four million barrels of...

Iraq Petroleum Exports Decline as Q1 Shipments Slip in 2026

Iraq petroleum exports decline as shipments ease in the first quarter of 2026, according to SOMO data.Iraq exported 2.35 million tonnes of petroleum products...

Basrah Crude Decline Leads Global Oil Market Losses Amid Iran Deal Optimism

The Basrah crude decline intensified on Tuesday as growing optimism over a potential agreement between the United States and Iran weighed heavily on energy markets. Traders...

Iraq Oil Revenue Dependence Remains Strong Despite Rising Budget Pressure

Iraq oil revenue dependence continued to shape the country's financial performance during the first four months of 2026. Newly released government accounts showed that...

Oil Market Watches Strait of Hormuz Reopening as Prices Slip

Oil prices continued to move lower on Tuesday as traders assessed the chances of a Strait of Hormuz reopening and examined the early stages of a...

Baghdad and Erbil Move Toward Oil Export Restart After Landmark Deal

Iraq’s energy negotiations advanced this week as officials reported a Kurdistan oil export breakthrough deal shaping progress in long-stalled talks. The Kurdistan oil export breakthrough deal emerged during...

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