With exports halted by war, Iraq has limited options to keep fields operating and has begun taking millions of barrels of daily production offline.
Oil companies evacuate as Burjisiya drone attack highlights rising threat
Strike on a key oil logistics hub in Basra signals danger for southern Iraq's oil sector as Iran and its proxies target U.S. companies.
Emergency responders work to extinguish a fire at a chemical storage facility at the Burjisiya logistics hub in Basra on March 6, 2026.