Iraq: more clouds ahead
The future of contested oilfields is one issue bound up with Iraqi Kurds' independence hopes
The military defeat of the Islamic State (IS) group in Iraq should herald a new, peaceful era for the country, with the resettlement of thousands of displaced families and the rebuilding of towns and cities. Instead, a dark autumn cloud has appeared on the horizon in the form of an independence referendum to be held in the semi-autonomous Kurdish region of northern Iraq on 25 September. The Iraqi Kurdish leadership insists that the vote is designed to measure the desire of the Kurds for independence, rather than trigger an automatic process leading to statehood. Nevertheless, the whole subject of the Kurds seeking their own state is an extremely sensitive one for the federal government in Ba
Also in this section
13 March 2026
Brussels is again weighing a cap on gas prices amid the Hormuz crisis, but the measure could backfire by deterring the LNG cargoes Europe urgently needs
12 March 2026
Emergency oil stocks provide a last line of defence to oil market shocks, so the IEA’s unprecedented 400m bl release represents something of a double-edged sword
12 March 2026
LPG could rapidly expand access to clean cooking across Africa and prevent hundreds of thousands of deaths from indoor air pollution each year, but infrastructure shortages and regulatory barriers are slowing investment and market growth
11 March 2026
Missiles over Dubai and disruption in Hormuz are testing the emirate’s reputation—and shaking the energy hub at the centre of the Gulf economy






