Iran is reportedly seeking to pass off its oil as Iraqi crude, while China utilizes the Belt and Road Initiative for major infrastructure deals amidst geopolitical competition in Iraq.

The entities involved

• Iraq →

  sovereign state in Western Asia

  • Basra hosts the Grand Faw Port project, serving as a key transit hub for trade routes connecting China and Europe.Mon 17:06
  • Oil flows through the Strait of Hormuz as geopolitical risks in the Middle East affect oil prices, with Iraq ready to resume production.Mon 16:22
• Baghdad →

  capital city of Iraq

  • Inflation data was reported in Baghdad, the capital of Iraq.Sun 08:05
  • Flights to Iran have been suspended at airports in Erbil, Baghdad, and Najaf due to the ongoing US-Iran war.Sat 21:21

Related events

• Iraq and Turkey rely on Iranian gas for energy, while China buys over 80% of Iran's crude oil amidst US economic pressure.Aug 25
• Trump administration seeks to isolate Iran financially while China remains a major buyer of Iranian oil, and UAE suspends trade.Aug 27
• Baghdad seeks to diversify oil exports by utilizing the Ceyhan port, targeting markets in Europe and China.Sep 15
• Tension between the US and Iran is driving a fuel crisis, with Baghdad identified as the capital of Iraq.Sep 6
• Iraq is strategically developing its oil and gas sectors.Jul 22