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Iraq Oil Exports Agreement Strengthens Baghdad–Erbil Cooperation

Iraq reached a new oil exports agreement that could reshape relations between Baghdad and the Kurdistan Regional Government (KRG). Both sides finally found common...

Iraq’s Renewed Oil Flows Set to Strengthen Regional and Global Ties

Iraq’s renewed oil flows could reshape regional cooperation and improve global energy relations. The reopening of the Iraq-Turkey pipeline promises both economic and diplomatic...

Iraq’s Basrah Crudes Decline for Second Straight Week

Iraq’s Basrah crudes decline for the second straight week as global oil prices continue to weaken. The market shows strong reactions to easing geopolitical...

Iraq Launches 24,000-Megawatt Power Project with GE Vernova

Iraq has officially started construction of new 24,000-Megawatt power plants in partnership with General Electric (GE) Vernova. The project aims to build highly efficient...

Iraq: Basrah Crude Prices Slide Amid Global Oil Drop

Iraq’s Basrah crude prices fell sharply amid a downturn in global oil markets. The Basrah Heavy benchmark decreased by 9 cents, reaching $64.80 per...

ExxonMobil Iraq Eyes Majnoon Oil Field Return

ExxonMobil is planning a potential return to Iraq’s oil sector, focusing on the Majnoon oil field. The company aims to sign preliminary agreements with...

Iraq Oil Exports Rise to Asia and Europe

Iraq’s oil exports continue to rise to Asia and Europe, with the majority of seaborne shipments reaching Asian countries. China, India, and South Korea...

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