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Energy

Iraqi oil production continues edging higher in October

Nationwide crude output has risen steadily since May as the OPEC-plus group has relaxed quotas.
A worker with the state-run Iraqi Drilling Company performs reclamation work at the West Qurna 1 oil field in Basra, in October 2025. (Photo credit: IDC)

Q&A: Finance Minister Ali Allawi

Allawi discusses ending Kurdistan budget transfers, new expenditures under a stop-gap spending law, power payments to Iran, and implementing a Chinese financing deal.