Iraq's southern oil exports have climbed from 2.35M bpd in August to about 2.6M bpd in September despite the Hormuz crisis. Deep crude discounts and major purchases by Vitol and ADNOC are helping Baghdad keep barrels moving. #Iraq#Oil#Hormuz#Energy
As U.S. forces prepare to leave Iraq, Washington's leverage will shift from troops to finance, sanctions, investment and defense ties. The challenge: preserving influence while allowing Baghdad greater sovereignty. #Iraq#USA#MiddleEast#Geopolitics
Iraq wants to raise output from the Akkas gas field nearly tenfold, from 43 MMscfd to 400 MMscfd by 2030. U.S. firms are moving into the project as Washington expands its energy and strategic footprint in Iraq. #Iraq#NaturalGas#Geopolitics
Iraq’s Gulf oil exports are showing signs of life. Seven crude carriers capable of holding roughly 13M barrels were moored at export facilities on Aug. 24, a sharp jump from recent weeks. But every barrel still must cross Hormuz. #Oil#Iraq#Hormuz
Iraq wants to more than double oil production to 8–10 million bpd within six years, but first it needs a higher OPEC+ quota. Even then, limited export capacity and the Hormuz crisis could prove bigger obstacles than drilling. #Iraq#OPEC#Oil
