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Energy

Iraq crude production strong in June

Operational disruptions caused by the Israel-Iran war do not appear to have affected Iraqi crude output, which was virtually unchanged from May to June.
The 8th Seismic Division of Iraq's state Oil Exploration Company conducts a seismic survey at the Hadab project in Ninewa province in July 2025. (Photo credit: Oil Ministry)

New hope for Baghdad-KRG oil and budget deal

Federal financial transfer signals political will to implement an agreement that could result in re-starting northern oil exports, though further hurdles remain.

Drones strike Kurdistan oil fields

Attack on HKN-operated Sarsang field coincides with the company's signing of a preliminary upstream deal with the federal Oil Ministry.

Iraq oil exports steady in June

Iraq's crude sales held steady month-on-month despite minor disruptions apparently stemming from the Israel-Iran war.

Iraqi oil sector weathers Iran conflict

Production and exports have not suffered major interruptions so far, but exodus of foreign oil workers and border closures highlight risks of disruption.