Iraq Pulls the Plug on Iranian Gas

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Iraq has suspended natural gas imports from Iran, resulting in a 4,000-4,500 megawatt reduction in the national power grid, marking a step towards energy self-sufficiency.

Market Impact

Market impact analysis based on neutral sentiment with 67% confidence.

Sentiment
Neutral
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67%

Article Context

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Iraq on Tuesday announced a complete suspension of natural gas imports from Iran, a move the electricity ministry said immediately knocked between 4,000 and 4,500 megawatts off the national power grid. On its face, the decision sounds dramatic. In practical terms, it is but the final step in a process that was already well underway. Iraqi officials have spent the past year declaring victory over fuel imports, first halting shipments of gasoline, diesel, and kerosene while pitching a broader narrative of energy self-sufficiency. Gas was the remaining—and…

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Original article published by OilPrice.com on December 23, 2025.
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