KEY POINTS • Iraq has sharply cut oil production because the Strait of Hormuz closure has stopped exports and tankers from reaching ports.• Major oilfields including Rumaila, West Qurna 2 …
Iraq
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Kurdish oil exports are booming despite a pipeline shutdown, with trucks carrying crude to Iran and Turkey. The US is monitoring the trade to assess compliance with sanctions.
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The Iraqi government awarded exploration and development rights for five additional oil and gas fields to Chinese companies on Sunday, May 12, 2024. This brings the total number of licenses …
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In a shocking turn of events, the Khor Mor gas field in Kurdistan, Iraq, has been forced offline due to a series of drone attacks, resulting in tragic loss of …