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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)

U.S. sanctions threats cast shadow on Iraqi economy

Billions of oil dollars and access to Iranian power and gas are at risk if Trump rejects a sanctions waiver renewal next month – or worse, if Iraq is sanctioned itself, as he has threatened.