Iraq experienced a sharp decline in oil imports and increased reliance on Russian crude oil in August 2026.
2 reports, 1 independent
Updated Sep 8
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What happened
Iraq experienced a sharp decline in oil imports and increased reliance on Russian crude oil in August 2026.
Who's involved
What this event is mainly aboutKeep exploring
The entities involved
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Iraq
sovereign state in Western Asia
Related events
- Iraq is strategically developing its oil and gas sectors.
- Iraq is seeking to expand its oil production and refining capacity, leading to a new partnership deal reviving Chevron's presence in the country.
- Iraq seeks higher oil production quota from OPEC.
- The Iraqi government is actively seeking long-term investment and partnerships, while Iran's actions continue to cause oil price gyrations.
- Iraq diverted oil to benefit Iran in early 2026.