Iraq’s record-high oil exports could be hindered by the rising political turmoil being seen across the country. While political instability has typically had little effect on the country’s oil industry, growing unrest is now threatening Iraq’s oil output. In addition, Iraq continues to battle over oil ownership in the Kurdistan region, adding to the industry’s challenges. Iraq’s oil industry had been reporting positive trends in recent months, with production levels standing at around 4.4 billion bpd of crude,…
