A barrage of attacks hit five oil sites in southern Iraq on a single day.
The Basrawi MP, a mainstay on the Parliament Oil Committee, discusses Iraq's emergency efforts to activate secondary export routes and the impact of the Iran war on Iraq's oil sector.
War has laid bare the weakness of the Iraqi state, highlighting risks for the country's investment climate that are likely to last beyond the fighting in Iran.
A political breakthrough unlocks Iraq's only secondary pipeline export outlet, but volumes are capped by infrastructure constraints and security threats.
With southern oil exports choked off by war, Baghdad cannot use its only backup pipeline route because of a fight with the KRG over customs revenue control.
Iraq is facing a widening array of security threats and economic consequences from the Iran war.
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.
Drone strikes on Sarsang raise new doubts for IOCs about the viability of restarting wartime oil production as the KRG demands security guarantees from Baghdad.
With exports halted by war, Iraq has limited options to keep fields operating and has begun taking millions of barrels of daily production offline.
Kurdish-led authorities in northeast Syria are losing their hold on the country’s largest oil fields as foreign investors look for opportunities.
Some production is already offline and Iraqi oil officials are bracing for a total loss of southern exports.
