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Iraq Cuts Basrah Crude Prices to Boost August Oil Sales

Iraq has introduced new discounts on Basrah crude discounts for August shipments as the country works to attract more international buyers. The pricing strategy comes amid...

US Records Fifth Straight Week Without Iraqi Crude Imports

The United States has gone five consecutive weeks without importing crude oil from Iraq, according to newly released government data. The latest figures highlight...

OPEC Plans September Oil Output Increase Before Year-End Pause

OPEC is preparing a new production adjustment that could increase global oil supplies before the end of the year. The planned move would add...

Iraq and Turkey Secure Oil Pipeline Agreement for Ceyhan Exports

Iraq and Turkey have reached a new agreement that strengthens Iraq oil exports and supports regional energy cooperation. The one-year arrangement will keep crude oil flowing...

Turkey and Iraq Move Toward New Energy Cooperation Agreement

Iraq Turkey energy cooperation could enter a new phase as both countries work toward a comprehensive agreement covering oil and energy projects. Turkish President Recep...

Iraq Oil Exports Reach 32.1 Million Barrels in Two Months

Iraq oil exports continued to generate strong revenue during May and June 2026, highlighting the country’s important position in the global energy market. Fresh...

General Electric Deal to Strengthen Iraq’s Power Grid by 2027

Iraq electricity grid is set for a major upgrade after a new agreement with General Electric aims to secure an additional 10,000 megawatts of electricity by 2027....

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