Iraq’s Energy Challenges Amid the Hormuz Crisis
Published . Updated .
The recent rebound in crude exports is welcome but only partial, and officials have yet to find answers for the wider fiscal, management, and security problems impeding Iraq’s energy sector.
Directly affected
- No company is named in this report.
Indirectly affected
- USO United States Oil Fund+7.3% 30d
United States Oil Fund: its price follows crude oil. Linked by “crude” (oil) in this story.
- XLE Energy Select Sector SPDR+6.2% 30d
Energy Select Sector SPDR: its price follows crude oil. Linked by “crude” (oil) in this story.
- BWET Breakwave Tanker Shipping ETF+40.2% 19d
Breakwave Tanker Shipping ETF: it tracks tanker freight rates. Linked by “crude” (tanker shipping) in this story.
- XOM ExxonMobil Holdings+10.3% 14d
ExxonMobil Holdings (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “crude” (oil) in this story.
- CVX Chevron+8.4% 30d
Chevron (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “crude” (oil) in this story.
- FRO Frontline+2.8% 30d
Frontline (deep sea foreign transportation of freight): tanker owners earn more when more crude has to move by sea. Linked by “crude” (tanker shipping) in this story.
- INSW International Seaways+1.5% 9d
International Seaways (water transportation): tanker owners earn more when more crude has to move by sea. Linked by “crude” (tanker shipping) in this story.
- SHEL Shell+0.1% 13d
Shell (crude petroleum and natural gas): oil producers' profits rise and fall with crude prices. Linked by “crude” (oil) in this story.
Price reaction, T-5 to T+3
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| USO | -4.39% | +0.67% | base | -0.58% | +1.13% | +5.48% | +3.84% |
| XLE | -0.49% | +0.41% | base | +0.29% | -0.55% | +1.99% | +2.31% |
| BWETNo price data for this ticker | — | — | — | — | — | — | — |
| XOM | -0.51% | +0.64% | base | +0.11% | +0.17% | +2.99% | +3.42% |
| CVX | -1.58% | -0.30% | base | +0.49% | +0.41% | +3.42% | +2.69% |
| FRO | +11.82% | +4.28% | base | +1.98% | +1.86% | +5.18% | +9.75% |
| INSW | +13.36% | +5.03% | base | +6.34% | +3.62% | +5.83% | +8.66% |
| SHELNo price data for this ticker | — | — | — | — | — | — | — |
Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.
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Iraq’s Energy Challenges Amid the Hormuz Crisis The Washington Institute
Source: The Washington Institute
Strait of Hormuz
| Company | When | Move | Status |
|---|---|---|---|
| CVX | that day | +0.49% | final price |
| CVX | the next day | +0.41% | final price |
| CVX | two days later | +3.42% | final price |
| CVX | three days later | +2.69% | final price |
| CVX | three days earlier | -0.30% | final price |
| CVX | five days earlier | -1.58% | final price |
| FRO | that day | +1.98% | final price |
| FRO | the next day | +1.86% | final price |
| FRO | two days later | +5.18% | final price |
| FRO | three days later | +9.75% | final price |
| FRO | three days earlier | +4.28% | final price |
| FRO | five days earlier | +11.82% | final price |
| INSW | that day | +6.34% | final price |
| INSW | the next day | +3.62% | final price |
| INSW | two days later | +5.83% | final price |
| INSW | three days later | +8.66% | final price |
| INSW | three days earlier | +5.03% | final price |
| INSW | five days earlier | +13.36% | final price |
| USO | that day | -0.58% | final price |
| USO | the next day | +1.13% | final price |
| USO | two days later | +5.48% | final price |
| USO | three days later | +3.84% | final price |
| USO | three days earlier | +0.67% | final price |
| USO | five days earlier | -4.39% | final price |
| XLE | that day | +0.29% | final price |
| XLE | the next day | -0.55% | final price |
| XLE | two days later | +1.99% | final price |
| XLE | three days later | +2.31% | final price |
| XLE | three days earlier | +0.41% | final price |
| XLE | five days earlier | -0.49% | final price |
| XOM | that day | +0.11% | final price |
| XOM | the next day | +0.17% | final price |
| XOM | two days later | +2.99% | final price |
| XOM | three days later | +3.42% | final price |
| XOM | three days earlier | +0.64% | final price |
| XOM | five days earlier | -0.51% | final price |
Trades by members of Congress and officials in the stocks in this story
- Rep. Kevin Hern sold ExxonMobil Holdings (XOM) (jointly held), worth $100,001 - $250,000 on 31 Aug 2026. That is 51 days before publication. Filed 25 Sep 2026. View the filing.
- Donald J Trump, an executive branch official, bought ExxonMobil Holdings (XOM), worth $250,001 - $500,000 on 31 Jul 2026. That is 82 days before publication. Filed 22 Sep 2026. View the filing.
- Donald J Trump, an executive branch official, sold ExxonMobil Holdings (XOM), worth $1,001 - $15,000 on 24 Jul 2026. That is 89 days before publication. Filed 22 Sep 2026. View the filing.
- Rep. Kevin Hern sold Chevron (CVX) (jointly held), worth $15,001 - $50,000 on 23 Sep 2026. That is 28 days before publication. Filed 13 Oct 2026. View the filing.
- Rep. Maria Elvira Salazar bought Chevron (CVX), worth $1,001 - $15,000 on 2 Sep 2026. That is 49 days before publication. Filed 7 Oct 2026. View the filing.
- Donald J Trump, an executive branch official, bought Chevron (CVX), worth $15,001 - $50,000 on 26 Aug 2026. That is 56 days before publication. Filed 8 Oct 2026. View the filing.
Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).
The Strait of Hormuz count beside this story
Geopolitics Alpha has 110 stories about Strait of Hormuz from the past 7 days and 338 stories from the past 30. That is faster than its usual pace over the past month. “Iraq’s Energy Challenges Amid the Hormuz Crisis” is tagged to Strait of Hormuz.
How solid “Iraq’s Energy Challenges Amid the Hormuz Crisis” looks
12 out of 100
“Iraq’s Energy Challenges Amid the Hormuz Crisis” scores 12 out of 100. The score uses 1 sources.