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Security

Basra tanker attack marks deepening crisis for Iraq oil sector

Iraq is facing a widening array of security threats and economic consequences from the Iran war.
Iraqi ports director Farhan al-Fartousi (right) conducts an inspection on March 12, 2026, of the site of an Iranian attack on oil tankers the previous night. (Photo credit: General Company for Ports of Iraq)

Protests shut down Nassiriya field

The 60k bpd field is the second in two days to stop production amid global supply concerns as Russian war in Ukraine continues.

Dhi Qar unrest raises oil sector risks

Protesters are threatening to shut down the Nassiriya field, and deadly violence has caused one American company to suspend oil operations in the province.

KRG resumes Syria crude trade

After more than a month, the border has reopened for both trade and humanitarian traffic, alleviating economic pressure on a U.S. ally in the counter-IS fight.

Climate change comes to Iraq

Unprecedented droughts are drying up farm land, driving migration to cities, and compounding economic hardships and instability.