Middle East Oil Prices Top $100: What Strait of Hormuz Risks Mean for You
The ongoing Iran conflict has severely impacted global oil supply through the vital Strait of Hormuz, pushing prices significantly above pre-war levels.
News, economy and analysis from across the Middle East
Oil, gas and power: production, exports and the politics of energy in the region.
The ongoing Iran conflict has severely impacted global oil supply through the vital Strait of Hormuz, pushing prices significantly above pre-war levels.
When the Kurdistan Region's exports first passed 100,000 barrels a day, it looked like the start of an oil boom. What followed was a long fight with Baghdad over who controls Kurdish crude and its revenue.
Stolen fuel, corruption and mismanagement have kept Iraq's electricity sector failing for two decades, despite tens of billions of dollars in spending.