Oil firms restart activities in Iraqi Kurdistan
Foreign oil companies in Iraqi Kurdistan have begun gradually resuming production after a forced halt caused by drone attacks on infrastructure, which significantly disrupted output. British company Gulf Keystone announced the start of production at the Shaikan field, while Norwegian and American companies are preparing to restart work at the Tawk and Feshkhabour fields as part of efforts to restore oil production affected by the attacks. Iraq depends heavily on oil exports, which account for around 90% of its revenue, and the decline in production was a result of the war and attacks on oil facilities.
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