Petroleum & Iraq
78 shared events · Importance 10 · Last updated Aug 24, 2026
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International
Petroleum: Petroleum is the commodity at the center of this project. The pipeline would provide an alternative transport route, potentially stabilizing supply and prices.
Iraq: Iraq is the primary beneficiary, seeking to secure oil export routes and reduce vulnerability to Hormuz disruptions. The project would restore and expand its export capacity, but requires significant investment and time.
Aug 17, 2026 · 14 articles
Business
Petroleum: Petroleum is the commodity directly affected by the OPEC+ production decision and ongoing supply disruptions.
Iraq: Iraq is pushing for higher individual quotas to reflect its capacity, but its exports are also affected by regional disruptions.
Jul 29, 2026 · 42 articles
International
Petroleum: Prices retreated from $118 to $85, but supply remains disrupted.
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
Petroleum: The price of Petroleum>>> has surged due to the conflict and the closure of the Strait of Hormuz>>>, directly impacting global energy markets and corporate costs.
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
Petroleum: Oil prices rose above $86 per barrel due to the strait closure, impacting global energy markets.
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
Petroleum: Petroleum prices have risen to a three-week high due to supply disruption risks in the Strait of Hormuz. The conflict and sanctions could further tighten supply, benefiting producers but hurting consumers.
Iraq: Iraq is affected by the conflict, with Iranian attacks on its energy facilities and desalination plants. It also receives oil tanker passage permissions from Iran, indicating complex relations.
Aug 20, 2026 · 73 articles
International
Petroleum: Petroleum is the primary commodity affected, with tanker traffic dominating the strait. The disruption threatens global supply, likely driving up prices and impacting oil-dependent economies.
Iraq: Iraq is a destination for some crude carriers and relies on Hormuz for its oil exports. The blockade disrupts its export capacity, negatively impacting its economy and oil revenues.
Aug 24, 2026 · 8 articles
International
Petroleum: Oil prices volatile due to strait disruptions; about a fifth of traded oil passes through.
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
Petroleum: The price of oil has been significantly impacted by the closure and subsequent partial reopening of the Strait of Hormuz. The easing of supply concerns due to increased traffic through the strait has led to oil prices falling to pre-war levels.
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
Petroleum: Petroleum prices have been highly volatile due to the conflict and the closure of the Strait of Hormuz. The interim deal and the reopening of the Strait are expected to lead to a significant increase in oil supply, potentially causing a 'mini glut' in the short term and stabilizing prices, which is beneficial for importing nations like India.
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
Petroleum: Petroleum is directly impacted by the strait's closure and attacks on infrastructure. The potential reopening could ease supply concerns, but ongoing attacks support prices.
Iraq: Iraq hosts Iranian-backed militias and has been subject to US strikes, making it a flashpoint.
Jun 16, 2026 · 349 articles
International
Petroleum: Sanctions on Petroleum>>>, gas, and petrochemicals are expected to be temporarily lifted during the negotiation period, allowing Iran>>> to sell its products freely, which would affect global energy markets.
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
Petroleum: Petroleum prices are elevated due to the blockade of the Strait of Hormuz and the threat of sanctions. The conflict risks further supply disruptions, benefiting oil producers but hurting consumers.
Iraq: Iraq is a neighbor of Iran and could be affected by sanctions and regional instability. It may face pressure to cut ties with Iran, but also risks Iranian retaliation.
Aug 22, 2026 · 25 articles
International
Petroleum: The conflict and the closure of the Strait of Hormuz>>> have caused significant volatility and price increases for Petroleum>>>.
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
Petroleum: The price of crude oil has been significantly impacted by the conflict and the closure of the Strait of Hormuz. The peace agreement and the anticipated reopening of the strait are expected to lead to a sustained fall in energy prices, easing inflationary pressures globally.
Iraq: Iraq has welcomed the planned reopening of the Strait of Hormuz, indicating a positive impact on its regional interests and trade.
Jun 12, 2026 · 429 articles
International
Petroleum: Petroleum>>> prices are directly affected by the progress of the peace talks, with optimism for a deal leading to a 6% fall. The reopening of the Strait of Hormuz>>> would further impact global Petroleum>>> supply and pricing.
Iraq: Shiite armed groups in Iraq>>> are among Iran's>>> proxies. The deal includes a commitment for Iran>>> not to interfere in the domestic affairs of countries in the region, which implicitly affects Iran's>>> support for these groups in Iraq>>>.
May 19, 2026 · 327 articles
International
Petroleum: Oil prices are sensitive to Hormuz disruptions; the conflict risks supply shortages and price spikes.
Iraq: Iraq hosts Iranian-backed militias; a base of an Iranian Kurdish opposition group in Iraq was attacked by drones.
Apr 20, 2026 · 572 articles
International
Petroleum: Petroleum is the central commodity, with record Indian imports supporting global demand and Russian export revenues, while Urals prices remain above the price cap.
Iraq: Iraq is a supplier to India, with imports increasing in July, contributing to India's diversified crude sources.
Aug 03, 2026 · 8 articles
International
Petroleum: Petroleum is directly affected as the strait carries a fifth of global oil supplies. Attacks and blockade risk supply disruptions, impacting prices and markets.
Iraq: Iraq intercepted a drone over Irbil, but this is a separate incident, with minimal impact on the main event.
Aug 08, 2026 · 174 articles
International
Petroleum: Petroleum>>> prices initially fell after Iran>>>'s TV report of a deal but rebounded after news of new US strikes, indicating market sensitivity to geopolitical tensions in the Strait of Hormuz>>>. The conflict has sent global energy prices sharply higher.
Iraq: Iraq's Umm Qasr port was the site of an attack on an Oman Shipping Company vessel, indicating the spillover of the conflict into its territory. This highlights the broader regional instability affecting its infrastructure and trade.
Apr 20, 2026 · 607 articles
International
Petroleum: The price of Petroleum has been significantly impacted by the conflict and the closure of the Strait of Hormuz. Hopes for a deal to reopen the strait have led to fluctuations in oil prices.
Iraq: Iraq's foreign minister was contacted by Iran's Foreign Minister, indicating its peripheral involvement in diplomatic discussions related to the conflict.
May 18, 2026 · 309 articles
International
Petroleum: Oil prices have dropped from wartime highs but remain sensitive to disruptions in the Strait of Hormuz.
Iraq: Iraq-based militia groups allied with Iran have attacked Kuwait, contributing to the regional instability.
Jul 10, 2026 · 23 articles
International
Petroleum: Petroleum is directly affected by the Hormuz blockade, which has spiked prices and motivated Russia's search for alternative trade routes.
Iraq: Iraq is another country where US bases were attacked, reflecting the regional spread of the conflict.
Aug 06, 2026 · 24 articles
International
Petroleum: Petroleum prices have surged due to the closure of the Strait of Hormuz and disruptions to global oil supplies. The commodity's volatility is a direct consequence of the ongoing conflict and negotiations.
Iraq: Iraqi Muslim women protested against US and Israeli attacks on multiple cities across Iran.
Apr 26, 2026 · 590 articles
International
Petroleum: Petroleum prices fell on expectations of a deal, indicating market sensitivity to the potential reopening of the Strait of Hormuz and increased supply.
Iraq: Iraq's foreign minister was contacted by Iran's Foreign Minister, indicating its peripheral involvement in diplomatic discussions related to the conflict.
May 24, 2026 · 104 articles
International
Petroleum: The price of Petroleum has risen significantly since the start of the conflict, trading above $92 a barrel, reflecting the global economic impact of the escalating tensions.
Iraq: Kuwait repeatedly came under fire from Iranian-backed Shiite militias in Iraq before the April ceasefire.
May 27, 2026 · 338 articles
International
Petroleum: Petroleum prices are directly affected by the status of the Strait of Hormuz and the progress of peace talks, with potential for significant price drops if the strait reopens and supply concerns ease.
Iraq: Iraq>>> is where militia allied to Iran>>> operate, from which drones have been launched at Saudi Arabia>>> and the United Arab Emirates>>>.
May 02, 2026 · 472 articles
International
Petroleum: The ongoing conflict and threats to shipping lanes like the Strait of Hormuz and Bab-el-Mandeb Strait have directly impacted global oil prices, causing them to rise significantly.
Iraq: Iraq is mentioned as part of the 'Resistance Front' allied with Iran, indicating its peripheral involvement in the broader regional conflict.
Jun 01, 2026 · 50 articles
International
Petroleum: Petroleum prices surged over 5% due to worries of renewed war and limited shipping through the Strait of Hormuz, directly impacting the global energy market.
Iraq: Iraq closed its airspace over the western part of the country following the escalation of hostilities between Iran>>> and Israel>>>. Iran>>> also struck 'terrorist group headquarters' in Iraq's Kurdistan Region.
Jun 07, 2026 · 398 articles
International
Petroleum: Petroleum prices are directly affected by the Strait of Hormuz blockade and the ongoing conflict, leading to global supply shocks and inflation.
Iraq: Iraq>>> was involved in the Tanker War of the 1980s, a historical precedent for the current standoff in the Persian Gulf.
May 19, 2026 · 229 articles
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