Iraq News Now

Civil unrest raises risks for oil sector

Civil unrest raises risks for oil sector
Civil unrest raises risks for oil sector

2022-08-30 00:00:00 - Source: Iraq Oil Report

Protesters aligned with Muqtada al-Sadr block a road in the al-Ashar area in the city center of Basra on Aug. 29, 2022. (JASSIM AL-JABIRI/Iraq Oil Report)

BASRA - Political chaos and violence are threatening to disrupt Iraq's energy sector as followers of Muqtada al-Sadr stage escalating protests in both Baghdad and the southern oil heartland.

In addition to occupying government buildings and public spaces across several cities, protesters aligned with Sadr shut down roads leading to oil fields, commercial installations, and the Basra airport on Monday, according to protesters and security and oil officials. There is no indication that oil production has been affected so far.

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