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Energy

Iraq seeks backup export options as Basra loadings falter

Cabinet orders emergency package for boosting oil sales after dropping to a multi-decade low in May.
Iraqi Prime Minister Ali al-Zaidi (center right), Oil Minister Bassim Mohammed Khudair (far left), and Foreign Minister Fuad Hussein (second from left) confer at a Cabinet meeting in Baghdad on June 2, 2026. (Photo credit: Oil Ministry)

Third attack hits Khor Mor gas field

The gas field providing feedstock for most of Kurdistan’s electricity has come under rocket or mortar fire three times in four days.

Khor Mor gas field attacked again

For the second time in three days, Kurdistan's lynchpin gas field came under attack, during a time of rising political tension in Baghdad.

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.