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Six Oil Pipelines Give Arab Producers Routes Around Hormuz

Arab oil producers are expanding alternative export routes as disruptions continue to threaten the Strait of Hormuz. Arab oil routes now include three operating pipelines and...

Iraq Plans Four Oil Corridors to Ease Hormuz Dependence

Iraq is weighing four oil export corridors to reduce its reliance on the Strait of Hormuz. The proposals would open alternative pathways through Jordan,...

Iraq Moves to Accelerate Major Oil Export Pipeline Project

Iraq oil export pipeline plans are moving toward a faster implementation schedule after Oil Minister Basim Mohammed Khudair al-Abadi called for urgent action. The minister...

Iraq’s Gulf Keystone Revenue Holds Steady Despite Output Drop

Gulf Keystone Petroleum reported stable revenue from its Shaikan oil field during the first half of 2026. The Gulf Keystone revenue result came despite a major...

Iraq and Shell Advance Plans to Expand Gas Production in Basra

Basra gas expansion has emerged as a major focus in talks between Iraq’s Oil Ministry and Shell. Officials discussed ways to raise gas output from...

Oil Prices Slide as Strait of Hormuz Talks Raise Reopening Hopes

Oil prices fell sharply on Wednesday as Strait of Hormuz talks revived hopes for safer shipping through the strategic waterway. Brent crude declined about 2%, while...

Iraq Secures Fourth Place in South Korea’s Crude Oil Supply

Iraq emerged as a major supplier in South Korea’s crude market during the first half of 2026. Iraq’s South Korea oil supply accounted for 7.4% of...

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