Severe gasoline shortages intensified across Iraq on September 5, causing long queues at stations in Baghdad, Kirkuk, and other provinces.
Ongoing regional conflict has hampered fuel imports through the critical Strait of Hormuz. Technical failures at domestic refineries further compounded the supply disruption.
Iraq remains a major crude oil exporter but relies on foreign imports for refined fuels to meet internal demand. This shortage highlights the vulnerability of regional energy logistics to geopolitical instability.
The crisis makes the geopolitical risk premium more tangible for global markets. It demonstrates a direct impact on the internal stability and fuel supply chain of a key OPEC member.