Recent US-Saudi strikes against Iraqi Iran-aligned militias known as Popular Mobilization Forces (PMF), including in Basrah province, may be prompting renewed scrutiny of Iraq’s southern export system, even though there is little evidence that crude export operations themselves have been materially disrupted.
Iraq’s Southern Exports Hit by Security Jitters
Recent US-Saudi strikes on Iran-aligned forces in Basrah have prompted caution, but confidence remains high that major IOC investment in Iraq is incoming.
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