Iraq economy

Iraq relies on foreign-owned tankers arranged by buyers to export crude, as it lacks vessels capable of large-scale oil transport. This reliance has become a bottleneck amid regional tensions.
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Iraq continues to face logistical hurdles in resuming full oil exports, even as Iran assures there will be no disruption to shipments through Hormuz.

Dana Taib Menmy
08 April, 2026
Talks between Saudi Arabia and Iran are ongoing in the Iraqi capital Baghdad [Getty]
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iraq oil fields
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Iraq oil -- AFP
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The Iraqi parliament, located in Baghdad
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Iraq Flag
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CBI
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