With Brent nearing $30 per barrel, Iraq faces a budget shortfall that could leave the government unable to pay salaries.
Insurgents and gangs continue to fill a security vacuum in Iraq’s disputed territories, as talks between federal and Kurdish forces have been derailed by the political impacts of the Soleimani assassination.
Whenever the media office of the Council of Ministers releases decisions of the Cabinet, Iraq Oil Report publishes a translation from the original Arabic.
Prime Minister Adil Abd al-Mahdi said his two deputies and his security chief should effectively run the government until a new premier is confirmed or elections take place.
Prime Minister-designate Mohammed Allawi's partial list of proposed Cabinet positions has been made public.
Whenever the media office of the Council of Ministers releases decisions of the Cabinet, Iraq Oil Report publishes a translation from the original Arabic.
The person tapped to lead Iraq's next government digs into the energy sector details of the plan he submitted to Parliament, ahead of a vote on his Cabinet.
Bashir Murad oversaw fields in the far reaches of northwest Iraq while developing high-level credentials with Baghdad.
Over several years, Iraqi Kurdistan has become a key market for Syrian crude and provider of refined fuel – a trade worth tens of millions of dollars per month.
Whenever the media office of the Council of Ministers releases decisions of the Cabinet, Iraq Oil Report publishes a translation from the original Arabic.
