A partial resumption in tanker traffic has enabled at least 250,000 bpd in increased oil output, but a full recovery still depends on wartime dynamics outside Iraq’s control.
Iraq advances U.S. oil deals ahead of Zaidi visit to Washington
Halliburton and HKN win Cabinet approval to develop two oil fields, as Baghdad signals momentum to push bigger American investments forward.
Workers from Iraq's State Company for Oil Projects install a pipeline to help transport gas from the Nahr Bin Omar field to the Basra Gas Company's NGL processing plant at North Rumaila in April 2026. (Photo credit: SCOP)