Petroleum industry in Iraq

August 27, 2026 | Bridget Toomey |

Iraq’s Growing Oil Exports Through Basra Should Not Become an Asset for Iran

Basra, Iraq’s oil export hub perched on the Persian Gulf, is busier than it has been since conflict between the United States and Iran began in February. According to Bloomberg, satellite imagery...

August 14, 2026 | Bridget Toomey |

Iraq Struggles To Find Oil Export Options, but the UAE May Be Able To Help

Iraq relies on oil revenue for over 90 percent of its budget. With exports hovering at around half of the usual 3.4 million barrels per day (bpd) that were exported before Iran closed the Strait of Hormuz,...

August 5, 2026 | Sinan Ciddi, Bridget Toomey

Erdogan’s Iraq play: A bigger game than oil

There is an easy way to read Turkish President Recep Tayyip Erdogan’s decision to host Iraqi Prime Minister Ali al Zaidi in Ankara on July 28, and to call the visit “historic”: as an energy...

May 5, 2026 | Bridget Toomey |

Iraq Is Envisioning New Oil Pipelines — But They Are Likely a Pipe Dream

Iraq’s reliance on oil exports through the now-closed Strait of Hormuz may spell financial disaster for Baghdad, which has limited options to avert a crisis. More than 94 percent of Iraq’s oil exports...

April 21, 2026 | Bridget Toomey |

Iran’s War on Iraq’s Oil Industry

Iran-aligned militias in Iraq have been attacking the country’s oil sector while the world’s attention focuses on the Strait of Hormuz.

April 14, 2026 | Seth J. Frantzman |

Iraq focuses on political appointees, economic challenges amid Iran ceasefire

On April 14, Iraqi Prime Minister Mohammed Shia al Sudani met with French Ambassador to Iraq Patrick Durrel. “Mr. Al-Sudani emphasized the necessity for major powers to exert utmost efforts to curb escalation...