Northern export volumes are set to rise after a three-way agreement between Baghdad, Erbil, and IOCs was extended to January 2027.
Cabinet passes oil sector reforms, seeking fiscal relief
New measures could overhaul domestic crude and fuel sales and revamp exports in a bid for higher revenues and quicker access to cash.
Iraqi Prime Minister Ali al-Zaidi (center) chairs a meeting of the Council of Ministers on July 25, 2026. (Photo credit: Council of Ministers)