23 November 2018
Fate of Iraq’s ’last-chance’ government hangs on Basra
The recent summer protests in Basra were more intense than in the past and are a wake-up call for the Baghdad authorities
The alarming level of violence in southern Iraq's cities shook the foundations of the state. Unlike in previous years, this mood of unrest isn't something that will fade, now that the Iraqi summer inferno has passed. The issue is serious. Iraq simply can't afford to lose control of Basra, its main oil-producing and exporting region. At stake is the beating heart of the nation's economy and the petrodollars needed for reconstruction. As the saying goes here, "the rise of Iraq or the failure of Iraq, is underpinned by Basra". The protests can't be wished away with promises to quickly fix electricity problems or create more jobs. To rational observers, it feels like something has truly br
Also in this section
19 January 2026
Newfound optimism is emerging that a dormant exploration frontier could become a strategic energy play and—whisper it quietly—Europe’s next offshore opportunity
16 January 2026
The country’s global energy importance and domestic political fate are interlocked, highlighting its outsized oil and gas powers, and the heightened fallout risk
16 January 2026
The global maritime oil transport sector enters 2026 facing a rare convergence of crude oversupply, record newbuild deliveries and the potential easing of several geopolitical disruptions that have shaped trade flows since 2022
15 January 2026
Rebuilding industry, energy dominance and lower energy costs are key goals that remain at odds in 2026






