Iraq reaffirmed its commitment to the OPEC+ agreement on Monday and said it would present an updated plan to compensate for any overproduction in previous periods, according to a statement from the Iraqi oil ministry.

The Iraqi Prime Minister and a delegation from the IATA discussed on Sunday steps to lift the air embargo imposed on Iraqi Airways.

It's only recently that Iraq itself has increased ties with Saudi Arabia, helping pave the road to Saudi-Iran reconciliation. Now, it hopes to do more.

Iraq is waiting for Turkey's approval to restart the oil flows from the Kurdistan Regional Government (KRG), the Iraqi Oil Minister Hayan

Iraqi crude is expected to start flowing to the Turkish Mediterranean port of Ceyhan, after the Baghdad government said it was awaiting approval from Ankara to restart shipments. Baghdad has earmarked 185,000 barrels per day for export through the Iraq-Turkey pipeline from oilfileds in the semi-autonomous Iraqi Kurdistan region.

Iraq’s oil minister said he’s hoping crude oil exports from the country’s northern Kurdistan region will restart in two days after a halt of almost two years following a payments dispute.