Iraq & West Texas Intermediate
32 shared events · Importance 9 · Last updated May 09, 2026
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International
Iraq: Iraq's heavier crude fields could take four to five months to return to normal operating levels, contributing to the slow recovery of oil output.
West Texas Intermediate: West Texas Intermediate crude oil prices have increased following the United States' decision to blockade Iranian ports, indicating market anxiety over potential supply shortages.
Apr 08, 2026 · 307 articles
International
Iraq: Iraq is a Gulf producer whose oil supply is connected to global markets via the Strait of Hormuz, making it indirectly affected by the restrictions.
West Texas Intermediate: West Texas Intermediate (WTI) crude prices rose due to concerns over restricted energy flows through the Strait of Hormuz, indicating market volatility.
Apr 08, 2026 · 19 articles
International
Iraq: Iraq, the third-largest producer in OPEC, has stated it has no plans to leave OPEC as it desires stable oil prices.
West Texas Intermediate: West Texas Intermediate crude prices have seen volatility due to the Iran war and supply constraints, with the United Arab Emirates' departure from OPEC potentially influencing future price dynamics.
Apr 28, 2026 · 222 articles
International
Iraq: Iraq is subject to U.S. sanctions due to alleged ties with Iran, with officials and firms accused of helping Iran evade sanctions and finance militants.
West Texas Intermediate: West Texas Intermediate crude futures rose due to renewed fighting and tensions in the Strait of Hormuz, reflecting market concerns over oil supply disruptions.
May 04, 2026 · 139 articles
International
Iraq: Iraq is the location where an American journalist was kidnapped, with the incident being blamed on an Iranian-backed militia, indicating the spillover effects of the conflict into neighboring countries.
West Texas Intermediate: West Texas Intermediate futures climbed due to supply anxieties, with prices potentially reaching well above pre-war levels.
Mar 29, 2026 · 65 articles
International
Iraq: The United States imposed sanctions on Iraq's deputy oil minister and three militia leaders over their alleged support for Iran.
West Texas Intermediate: The price of West Texas Intermediate (US-traded crude) rose by 2.3% to $97 due to concerns over military action in the Strait of Hormuz, a critical trade route for oil and gas.
Apr 22, 2026 · 36 articles
International
Iraq: Iraq is involved in deals with Iran to ship oil and liquefied natural gas, indicating its role in regional energy trade amidst the conflict.
West Texas Intermediate: West Texas Intermediate futures prices are influenced by the same geopolitical factors as Brent Crude, reacting to news regarding the Iran war and the U.S.-China diplomatic meeting.
May 13, 2026 · 12 articles
International
Iraq: The United States imposed sanctions on Iraq's deputy oil minister and three militia leaders over their alleged support for Iran, indicating continued US pressure in the region.
West Texas Intermediate: U.S. crude prices (West Texas Intermediate) plunged more than $13 to $88.88 per barrel on news of potential ceasefire.
May 06, 2026 · 98 articles
International
Iraq: Iraq's prime minister-designate Ali al-Zaidi was in a call with Masoud Pezeshkian where Iran's stance on negotiations was reiterated.
West Texas Intermediate: West Texas Intermediate oil prices extended losses and dipped below $100 a barrel, indicating a positive market reaction to the de-escalation efforts.
May 06, 2026 · 31 articles
International
Iraq: Basra, Iraq, is the destination for a Malta-flagged vessel, as its ports are not under the U.S. blockade.
West Texas Intermediate: US West Texas Intermediate for May fell due to expectations that US-Iran peace talks would resume, indicating a positive market reaction to potential de-escalation.
Apr 08, 2026 · 702 articles
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