Brent Crude & Iraq
127 shared events · Importance 10 · Last updated Aug 24, 2026
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International
Brent Crude: Brent Crude futures climbed significantly due to stalled peace efforts in the US-Israeli war on Iran, the drone attack on the United Arab Emirates' nuclear plant, and concerns about escalating conflict in the Middle East.
Iraq: Drones were launched from Iraq against the United Arab Emirates and other Gulf countries. Iraq's government denies detecting these launches, but the presence of Iranian-backed militia groups within its borders suggests a potential source for the attacks, impacting its international relations.
May 16, 2026 · 262 articles
International
Brent Crude: Oil benchmark that surged over 8% to above $90 per barrel due to escalation.
Iraq: Site of US-Saudi strikes on paramilitaries; government urged de-escalation but faces internal rift.
Jul 29, 2026 · 73 articles
International
Brent Crude: Brent Crude>>> futures are trading significantly above pre-war levels, reflecting the market's concern over supply disruptions caused by the 'Iran war' and the potential for further price increases if the 'red zone' is entered.
Iraq: Iraq>>>'s finances have been substantially damaged by reduced oil revenues due to the conflict, and a lack of storage capacity has forced it to shut down oil fields, making its recovery of oil production complicated and potentially lengthy.
May 21, 2026 · 14 articles
Business
Brent Crude: Brent Crude prices fell to ~$72/barrel, near pre-war levels, reflecting easing supply fears.
Iraq: Iraq is pressing for higher quotas to compensate for war losses and has considered leaving OPEC.
Mar 09, 2018 · 108 articles
International
Brent Crude: Surged over 8% to above $90 a barrel on supply disruption fears.
Iraq: Sovereignty violated by U.S.-Saudi strikes; government condemned attacks and denied prior approval. Struggles to balance ties with U.S. and Iran.
Jul 09, 2026 · 325 articles
International
Brent Crude: Brent crude futures climbed to $91.71, a four-day gain, reflecting heightened supply risk from Hormuz closure.
Iraq: Iraq approved alternative export mechanisms to bypass Hormuz, mitigating some supply disruption.
Aug 17, 2026 · 33 articles
International
Brent Crude: Brent crude surged over 7% to above $88 per barrel due to the escalation, reflecting heightened supply risk from the Strait of Hormuz closure.
Iraq: Iraq is a battleground where U.S.-Saudi strikes hit Iran-backed militias, killing at least 20 fighters. The Iraqi government denounced the strikes as a violation of sovereignty, straining its relations with both sides.
Feb 08, 2026 · 308 articles
International
Brent Crude: Brent Crude oil prices have surged due to the conflict and disruptions in the Strait of Hormuz, leading to increased inflation and tighter monetary policies globally.
Iraq: Iraq has experienced significant downgrades in its GDP growth forecast due to the conflict's impact on energy exports.
Jun 17, 2025 · 62 articles
International
Brent Crude: Brent Crude prices surged to over $100 and remain volatile, reflecting supply disruptions and geopolitical risk.
Iraq: Iraq's oil exports are constrained by the Hormuz closure, reducing revenues. It is seeking alternative pipeline routes and has signed agreements with US firms to boost energy infrastructure.
Apr 08, 2026 · 416 articles
International
Brent Crude: Rallied to $94.39, up 6.39% on the week, driven by supply disruption fears.
Iraq: Supply curtailment from Iraq adds to global oil supply tightness.
Aug 21, 2026 · 6 articles
International
Brent Crude: Oil benchmark that surged above $100 per barrel due to supply disruption fears from the Red Sea and Hormuz.
Iraq: Prime Minister visited Tehran to mediate; border crossing with Iran was struck by US missiles.
Jul 22, 2026 · 334 articles
International
Brent Crude: Brent crude prices have surged above $100 per barrel due to supply disruption fears, benefiting oil producers but hurting consumers.
Iraq: Iraq hosts US forces and has been a site of drone attacks, while also being involved in funeral ceremonies for Khamenei.
Mar 09, 2018 · 488 articles
International
Brent Crude: Brent crude prices have remained stable between $80 and $90 due to covert shuttling, avoiding a spike. This supports global economic stability.
Iraq: Iraq is using shuttling to export its crude, providing an outlet for its oil despite the war. This helps sustain its oil revenues.
Aug 16, 2026 · 6 articles
International
Brent Crude: Brent Crude is a benchmark for oil prices. Its price staying below $85/bbl is seen as beneficial for India, but a full normalization of the Strait of Hormuz could cause its price to crash.
Iraq: Iraq is an OPEC+ member facing challenges with persistent overproduction and is seeking a higher quota, contributing to the fragmentation within OPEC+.
Jul 06, 2026 · 6 articles
International
Brent Crude: Brent crude fell 1.29% to $93.17 as investors took profits ahead of US sanctions announcement, reflecting market uncertainty over supply disruptions.
Iraq: Iraq received permission for its oil tankers to pass through the Strait of Hormuz, easing its oil exports amid regional tensions.
Aug 23, 2026 · 14 articles
International
Brent Crude: Brent Crude prices have surged above $94 per barrel due to supply disruptions, benefiting oil producers but hurting consumers.
Iraq: Iraq has seen US troop deaths and Iranian attacks, while hosting US forces and mediating between the sides.
Apr 20, 2026 · 709 articles
International
Brent Crude: Brent crude prices have risen sharply due to the Iran war and the closure of the Strait of Hormuz, impacting global inflation and economic outlook.
Iraq: Iraq is one of the Persian Gulf producers whose oil supplies have been disrupted by the Strait of Hormuz closure, and it has struck arrangements with Iran to move oil.
May 05, 2026 · 374 articles
International
Brent Crude: Brent crude prices rose to $86.19, a one-month high, driven by supply disruption fears from the Strait of Hormuz closure.
Iraq: Location where US service member was killed during controlled detonation of Iranian drone.
Apr 20, 2026 · 304 articles
International
Brent Crude: Brent Crude prices have surged above $90 per barrel due to supply disruptions from the Strait of Hormuz closure, benefiting oil producers but hurting consumers.
Iraq: Iraq has shot down attack drones over Irbil and condemned the conflict. It hosts US forces and Iran-backed militias.
Apr 20, 2026 · 480 articles
International
Brent Crude: Brent Crude surged above $90 per barrel due to supply fears from the Strait of Hormuz closure.
Iraq: Iraq faces drone attacks on its Kurdish region and is working to disarm Iran-backed militias amid the conflict.
Jul 15, 2026 · 445 articles
International
Brent Crude: Brent Crude fell over 6% to below $90 per barrel on the pause in strikes, after briefly exceeding $100 last week. The decline reflects hopes of de-escalation, but risks from Red Sea disruptions persist.
Iraq: Iraq reported drone attacks on camps housing Iranian opposition groups, and drones were launched from its territory targeting Saudi Arabia. It is a staging ground for Iran-backed militias.
Jul 08, 2026 · 472 articles
International
Brent Crude: Brent Crude>>> prices have spiked due to the conflict and the effective shuttering of the Strait of Hormuz>>>, reflecting the market's reaction to supply concerns.
Iraq: Iraq is the territory from which drone attacks on Gulf countries, including Saudi Arabia, Kuwait, and the UAE's Barakah nuclear power plant, originated, with Iran backing groups accused of these attacks.
Jun 03, 2026 · 17 articles
International
Brent Crude: Brent Crude prices have surged above $100 per barrel due to supply disruptions from the Strait of Hormuz closure, impacting global inflation and economic growth.
Iraq: Iraq has been used as a staging ground for drone attacks on US forces and has attempted to mediate between the US and Iran.
Apr 20, 2026 · 1031 articles
International
Brent Crude: Brent Crude futures prices rose due to concerns over restricted energy flows through the Strait of Hormuz, indicating market volatility.
Iraq: Iraq is a Gulf producer whose oil supply is connected to global markets via the Strait of Hormuz, making it indirectly affected by the restrictions.
Apr 08, 2026 · 19 articles
International
Brent Crude: Oil benchmark; price rose above $87 per barrel due to supply concerns.
Iraq: Affected by regional conflict, with Iran-backed groups and US presence, and included in Trump's compensation demands.
Jul 28, 2026 · 318 articles
International
Brent Crude: Brent Crude prices have fallen significantly, reaching pre-war levels, due to the easing of supply concerns as the Strait of Hormuz reopens and Middle Eastern oil supply increases.
Iraq: Iraq has been drawn into the Middle East war and is expected to participate in discussions regarding the future management of the Strait of Hormuz.
Apr 20, 2026 · 390 articles
International
Brent Crude: Global oil benchmark; its price has fallen on hopes of a deal, reflecting market expectations of restored supply.
Iraq: Site of US strikes on Iran-backed militias; its territory is used for attacks on Saudi Arabia and US forces.
Apr 08, 2026 · 321 articles
International
Brent Crude: Brent Crude>>> prices have been highly volatile and have risen significantly due to the conflict and uncertainty surrounding the Strait of Hormuz>>>.
Iraq: Iraq>>> has been involved in oil export deals with Iran>>> and has seen drone attacks on Saudi Arabia>>> reportedly originating from its territory.
May 07, 2026 · 362 articles
International
Brent Crude: Brent Crude futures experienced significant fluctuations, falling sharply on news of the ceasefire and reopening of the Strait of Hormuz, reflecting market expectations of increased oil supply and stabilized prices.
Iraq: Iraq is a major Gulf producer whose oil exports transit through the Strait of Hormuz. The reopening of the strait is crucial for its energy exports and global market stability.
Apr 20, 2026 · 302 articles
International
Brent Crude: Brent crude prices are elevated due to the Hormuz closure, impacting inflation and markets.
Iraq: Iraq hosts Iranian-backed militias and has been subject to US strikes, making it a flashpoint.
Jun 16, 2026 · 349 articles
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