Iraq News » Basra News Iraq » Basra » Traffic: Iraq rules out airspace closure, launches 9 international routes
Iraq's Transport Ministry dismissed airspace closure risks, opening 9 new routes from Baghdad, Kirkuk, and Basra, with Q3 2026 passenger traffic topping 500,000.
News Iraq » Basra » Traffic: Iraq offers steep discounts on Basrah crude to offset Strait of Hormuz shipping risks
Iraq offers up to $30-a-barrel discount on Basrah crude amid Hormuz disruptions Iraq's state oil marketer SOMO has offered steep discounts on its August-loading Basrah crude to entice buyers to lift ...
News Iraq » Basra » Traffic: Iraq and Syria sign agreement to restore oil pipeline that would provide alternative to Strait of Hormuz
Iraq and Syria signed an agreement to rebuild an oil pipeline that would provide an alternative to the Strait of Hormuz. Iraq, the second-largest oil producer in OPEC, has suffered heavily from the ...
News Iraq » Basra » Traffic: Drone hits ship near Basra as Iran crisis reaches Iraq oil hub
A drone hit a ship near Iraq’s Basra oil terminal on Thursday, pulling Iraq’s main crude-export hub into the widening Iran crisis even as Baghdad said loading operations were continuing normally.
News Iraq » Basra » Traffic: Iraq, Qatar provide oil for loading inside Hormuz via bids
Iraq's SOMO and QatarEnergy are offering crude oil through bids that mandate purchasers to load cargoes within the Strait of Hormuz.
News Iraq » Basra » Traffic: Iraq summons Iran envoy over 'Persian Gulf' post, Baghdad name origins: What to know
The move comes amid heightened tensions in the region, including over the Strait of Hormuz, which connects the controversially referenced gulf to the Arabian Sea.