Skip to content Skip to Search
Skip navigation

Iraq

Oil sector revs up to exploit higher prices

The Iraqi oil sector is surging, with revenues hitting $11.1 billion in March – the highest monthly oil export figure since 1972.  In April, crude oil exports (excluding the Kurdistan region) rose by 3.9 percent to 3.38 million barrels a day. Buoyed by promising increases in output and high oil prices, Baghdad is setting optimistic […]

Sweltering heatwave adds to power cuts misery

Iraq’s problems are piling up and threatening protests: Price increases, a faltering power grid and a summer heatwave made all the more unbearable by electricity outages limiting air conditioning and the use of fridges for many. While the southern city of Basra is used to scorching summers, this year it has started sooner than expected, […]

Political impasse overshadows oil bonanza

Precious time is slipping away in Iraq. Since parliamentary elections eight months ago, a political impasse has blocked any moves to deal with the country’s bundle of crises: the lack of access to basic services, insecurity, high unemployment and rampant corruption. The Sadrist Movement, which won the most seats in the October 2021 election, proposed […]

Iraqis are left in the dark due to power cuts

Power infrastructure continues to generate headaches

As the peak summer months draw near and political stalemate continues to block hopes for reform in Iraq, concern is mounting that the poor performance of the country’s power sector could spark a return to mass protests. Iraq’s electricity infrastructure is in dire straits. Ravaged by war, decades of mismanagement, political chaos and corruption, power […]

Hossein Amirabdollahian

‘No development’ in Tehran-Riyadh talks, says minister

Iran’s foreign ministry said yesterday there has been “no new development” since April in talks between Iran and Saudi Arabia, shortly after a lawmaker said top diplomats of the rival countries will meet soon. Earlier, an Iranian lawmaker told the semi-official Fars news agency that Iran’s Hossein Amirabdollahian will soon meet his Saudi counterpart Faisal […]