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On 10 June 2014, Sunni militants (Islamic State of Iraq and the Levant), overran the cities of Mosul and Tikrit, and seized parts of the Nineveh, Salahuddin and Kirkuk provinces in northern Iraq. The situation remains chaotic and there is no certainty when, or even if, the federal government will be able to regain control. In the immediate aftermath, northern exports and production will be reduced. If the situation persists, it will have a detrimental impact on capacity growth in the south.
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Insight | Jun 2014
Iraq's northern oil output jeopardised by insurgency
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