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Politics

Analysis: Iraq’s 2025 election results

Preliminary results paint a picture of the balance of power in the next Parliament and the dynamics likely to shape government formation and the energy sector.
Security guards stand at the entrance to a polling station in Basra on Nov. 11, 2025. (ALI AL-AQILY/Iraq Oil Report)

Fears of Iraq oil loss because of Turkish invasion misguided

Turkey’s invasion will likely be precise and direct in targeting the separatist Kurdistan Workers’ Party in northern Iraq, far enough from Iraq’s oil fields and pipelines. But the fallout could go many directions – from very slight to erupting in the region and putting both Iraq’s and Turkey’s oil sector -- vital to the world […]

Markey wants White House to answer questions on Hunt Oil deal

The White House is now being queried on the connections to Ray Hunt, head of Hunt Oil Corp., regarding the companies deal with Iraq’s Kurdistan government. Rep. Edward Markey, D-Mass., has sent a letter raising concerns over Hunt’s role on the President’s Foreign Intelligence Advisory Board. Markey wants answers to 13 questions on Hunt’s role […]

House Oversight Committee Wants Answers from Hunt Oil, State Dept.

Reps. Henry Waxman, chair of the Committee on Oversight and Government Reform, and Subcommittee on Domestic Policy chair Dennis Kucinich have sent a letter to Ray Hunt, the CEO, and Ambassador Ryan Crocker demanding answers to questions regarding the September deal between Hunt Oil and the Kurdistan Regional Government. Specifically, the Committee wants to know […]

Hunt Oil talked to State Dept. prior to signing KRG deal, contrary to prior statements

A representative from Dallas-based Hunt Oil Corp. did talk with the U.S. State Department prior to signing a controversial oil deal with Iraq’s Kurdistan Regional Government, according to an internal department communication obtained by United Press International.Hunt Oil, whose chief executive officer is connected to the Bush administration by campaign donations and a seat on […]

Iraq’s Kurds to international oil firms: ‘now or never’

The Kurdistan Regional Government, is offering the global oil industry its first and, so far, only chance at entering the Iraqi crude sector. Despite anger in Baghdad, the KRG plans to sign even more controversial oil deals and is waving the "For Sale" sign proudly. "We have many opportunities to excite you," KRG Natural Resources […]

Congress wants answers on Hunt deal while its CEO denies any State Dept. conversation

Rep. Edward Markey has demanded answers to 12 questions from Secretary of State Condoleezza Rice. In a letter Tuesday, he said the Hunt Oil-Kurdistan Regional Government deal is sketchy and hurts the U.S. agenda in Iraq. Bob Davis, Chip Cummins and Neil King Jr. report for the Wall Street Journal that Hunt CEO Ray Hunt […]