The United Nations or the World Cup of Diplomacy and Artificial Intelligence?

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The UN as the world’s “World Cup of diplomacy,” its evolving role, and how AI is reshaping global diplomacy and international security. Dr. Pshtiwan Faraj A year ago, it looked like the United Nations was coming to an end. Funding was cut by the United States, it constantly appeared to be an ineffective institution, and there were fears that Donald Trump would withdraw the United States from the United Nations, which he founded and mainly funded. There was even talk that Trump's “peace board” could become an alternative or rival to the United Nations. But this week, as world leaders met again in New York, there was a new energy palpable. The first meeting on artificial intelligence in the history of the UN Security Council was held. Trump, although still as violent and threatening as ever, did what should be done at the United Nations: he used diplomacy. What has happened at the United Nations in recent days deserves careful attention and research. People talk a lot about how ineff...
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Iraq’s Oil Exports Collapse 82% as Wartime Shock Breaks Shipping Routes and Triggers Fiscal Emergency Warning

 


Kurdish Policy Analysis / SULAIMANI, IRAQ--March output plunge exposes fragility of Iraq’s export system as Hormuz-linked disruption, pipeline improvisation, and emergency rerouting fail to offset seaborne shutdowns.

Iraq’s oil exports reportedly fell by 82% in March amid disruption to seaborne routes and emergency rerouting through pipelines and overland corridors, raising fears of a looming fiscal shortfall as revenues cover only a fraction of state obligations.

— Iraq’s oil export system experienced a severe contraction in March, with shipments collapsing by an estimated 82% as seaborne routes were disrupted and emergency alternatives struggled to compensate for lost capacity, according to data cited from the State Oil Marketing Organization (SOMO).

Ali Nizar al-Shatari, director general of State Oil Marketing Organization (SOMO), said Iraq exported roughly 18 million barrels during March, generating about $2 billion in revenue. The figures represent a sharp decline from February’s 99.8 million barrels and $6.8 billion in earnings.

The disruption affected exports from multiple production centers, including Basra, Kirkuk, and the Kurdistan Region, with average daily flows falling from more than 3.5 million barrels per day in February to roughly 580,000 barrels per day in March.

The collapse coincided with widespread instability across Iraq’s export infrastructure, particularly seaborne shipments routed through the Strait of Hormuz, a critical corridor for global energy flows.

Officials and industry sources describe March as a period of fragmented emergency logistics rather than normal export operations, with Iraq relying on a combination of limited southern Gulf loadings, revived northern pipeline flows through Ceyhan, and rapid overland trucking arrangements.

Southern exports from Basra were significantly reduced after early March, with operators reportedly facing security and insurance constraints affecting tanker movements in the Gulf.

The northern export route via Turkey’s Ceyhan terminal was partially restored mid-month following emergency coordination between Baghdad and the Kurdistan Region, allowing limited volumes of Kirkuk and Kurdish crude to reach international markets.

Additional overland and regional diversification measures, including trucking routes and emerging transit agreements through neighboring countries, helped stabilize minimal flows but were insufficient to offset the loss of seaborne capacity.

The revenue shock has created a widening fiscal gap for the Iraqi state, which relies on oil for roughly 90% of government income. Monthly earnings in March covered only a fraction of public wage obligations and operating expenditures, according to official budget data cited in the report.

Economists warn that Iraq’s reserves could sustain short-term stability, but prolonged export disruption could force deficit financing and increase pressure on state salaries and public spending commitments.

Ahmed Tabaqchali, an Iraq-focused economist cited in the report, said the country may have enough reserves to avoid immediate crisis, but could face borrowing needs if export levels do not recover within weeks.

The developments underscore the structural vulnerability of Iraq’s economy to disruptions in maritime energy corridors and highlight the limited capacity of emergency diversification routes to replace Gulf export infrastructure at scale.

#Iraq #Oil #SOMO #EnergyCrisis #StraitOfHormuz #Economy #OPEC #MiddleEast #FiscalCrisis #OilMarkets


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