Iraqi oil revenues rebound to pre-war levels

September sales topped $7 billion as high global prices offset steep war-risk discounts, while crude trucked north from Basra is pushing Ceyhan exports higher.

Tanker trucks offload crude from southern Iraq at Khurmala South for export via pipeline to Turkey in September 2026. (STAFF/Iraq Oil Report)

Energy

Iraqi production surges on partial export recovery

Nationwide output increased by almost 700,000 bpd in August as rising export volumes help Iraq unwind wartime cuts.

Politics

Refinery sector revolts over oil pricing reform

One week after the Cabinet decided to overhaul the economics of the refining sector, workers are protesting, managers are lobbying for alternatives, and the government has delayed implementation.

Security

Insurgency persists as U.S.-led coalition leaves Iraq

IS militants no longer hold territory but still probe for security gaps, while Iraqi officials give contrasting assessments of how the U.S. withdrawal will affect future capacity and stability.

Interviews

Q&A: Ali Shaddad al-Faris, member of the Parliament Oil and Gas Committee

The longtime Basra MP discusses the prospects for a national oil law, a revision to the refinery investment law, and a wave of oil sector corruption arrests.