Boost Your Immunity This Winter: Foods That Help Fight the Flu

As winter arrives and people spend more...

Super Plate Auction Draws Collectors in Dubai

Dubai’s Roads and Transport Authority has launched...

Liwa International Festival 2026 Ignites Desert with Sport, Culture, and Spectacle

The Liwa International Festival 2026 has officially...
HomeBusinessIraq’s Growing Oil...

Iraq’s Growing Oil Exports to Jordan Spark Regional Energy Talks

Iraq’s growing oil exports to Jordan continue to attract attention in regional energy discussions. The new figures highlight both cooperation and challenges in oil trade between the two neighbors. Iraq’s growing oil exports to Jordan also reveal changing dynamics in the Middle East energy market.

According to official data, Iraq exported 3.57 million barrels of crude oil to Jordan in 2024. These exports moved through more than 14,000 tanker trucks over the year. The annual report of Jordan’s Energy and Mineral Resources Ministry showed these imports covered nearly seven percent of Jordan’s total oil needs.

Meanwhile, Iraq’s State Organization for Marketing of Oil (SOMO) shared updated numbers for 2025. In the first six months of this year, Iraq shipped 1,866,194 barrels of crude oil to Jordan. This volume reflected a 14.84 percent drop compared to the same period in 2024. Last year’s January-to-June total stood at 2,143,211 barrels.

Month-by-month data also revealed notable shifts. In January 2025, exports totaled 309,980 barrels. Then, volumes increased to 419,946 barrels in February. Afterward, exports fell to 309,765 barrels in March. In April, the figure reached 299,819 barrels. May saw another rise with 309,906 barrels. However, June marked a decline with only 215,878 barrels shipped.

Energy officials point to government measures that shaped these outcomes. In August 2023, Iraq’s leadership raised the daily oil supply quota to Jordan. The cap rose from 10,000 barrels to 15,000 barrels per day. This change pushed monthly export levels upward.

Following the increase, Iraq’s monthly crude oil shipments jumped significantly. They grew from around 300,000 barrels to almost 450,000 barrels. Analysts view this expansion as a direct result of stronger bilateral energy ties.

However, despite higher limits, exports still faced fluctuations in 2025. Market conditions, transport issues, and seasonal demand influenced the overall balance. Both countries continue to adjust strategies in response to these realities.

In conclusion, Iraq’s growing oil exports to Jordan remain a central theme in regional trade. The numbers confirm both opportunities and challenges in this crucial energy relationship. Iraq’s growing oil exports to Jordan will likely play a vital role in shaping future cooperation.

Continue reading

Iraq Strengthens Economic Ties with European Investment Bank

Iraq is actively seeking to expand its economic horizons through closer ties with the European Investment Bank. Iraqi Minister of Foreign Affairs Fuad Hussein and the bank’s Vice President Gelsomina Vigliotti met in Luxembourg on Monday to explore ways...

Baghdad Launches Major Road Expansion to Ease Traffic Congestion

The Abu Nuwas Street expansion officially launched its first phase on Monday evening. As part of this effort, the project aims to reduce heavy traffic in Baghdad’s busiest areas and improve travel flow. The first phase added a two-kilometer parallel road...

Iraq’s Inflation Sees Slight Rise in September Amid Broader Economic Shifts

Iraq’s inflation rate showed a minor upward movement in September 2025, signaling a brief pause in the country’s recent trend of price stability. According to the Ministry of Planning, Iraq’s inflation rate climbed by 0.2 percent compared to the previous month. Officials...