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Energy

Iraq begins nationwide production shutdowns

With exports halted by war, Iraq has limited options to keep fields operating and has begun taking millions of barrels of daily production offline.
Oil Minister Hayyan Abdulghani (center) meets with his deputies to plan for production cuts in anticipation of a shutdown in southern oil exports on March 2, 2026. (Photo credit: Oil Ministry)

Iraq oil exports decrease in April

The Oil Ministry has issued major upward revisions of its February and March export figures, while preliminary data show a dip in April.

Iraqi crude exports fall in March

Export volumes declined in March, but Iraq also revised its official February figure sharply upward as OPEC-plus shifts is quota strategy.