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Hormuz Closure Threatens 25% of Global Oil Supply

The Strait of Hormuz remains one of the most important energy routes in the world. A closure could trigger a massive disruption in global...

Iraq Corruption Case Leads to World Bank Debarment

The Iraqi corruption case has drawn international attention. The World Bank imposed sanctions on a Turkish company after investigators confirmed misconduct in Iraq. The...

Iraq Fuel Imports Exceed 2.1 Million Tons

Iraq's fuel imports exceeded 2.1 million tons during the year. The Iraq fuel imports highlight ongoing challenges in domestic refining capacity. Despite strong crude...

Iraq Oil Exports to U.S. Reach 309,000 bpd

Iraq continues to strengthen the energy trade with the United States. Iraq oil to the U.S. reached 309,000 barrels per day last week. This...

Iraq Oil Production Drops 2.9 Million Barrels

Iraq now faces a historic supply reduction. The Iraq oil production cut of 2.9 million barrels now shakes global energy markets. Regional conflict continues...

Iraq Power Grid Expansion Nears 500 MW Gulf Link

Iraq continues to strengthen its energy infrastructure. The Iraq power grid expansion now approaches a major milestone. Officials confirm strong progress in regional electricity...

Iraq Sends 6.5 Million Barrels of Oil to the U.S. in February

Iraq’s oil exports to the U.S. reached 6.5 million barrels in February, the Energy Information Administration reported. The figure shows a slight decline from January, when...

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