Geopolitical Vulnerability and Structural Concentration in Iraq’s Oil Export System A Statistical and Market-Based Analysis under Regional Conflict Conditions

This study investigates the structural characteristics and temporal variability of Iraq’s crude oil export system during the first quarter of 2025, with particular emphasis on its exposure to geopolitical disruptions. Using descriptive statistical analysis and graphical modeling, the study identifies patterns of fluctuation, concentration, and dependency within export flows. The results indicate that total crude oil exports declined from 103,343,193 barrels in January to 95,148,167 barrels in February before recovering to 106,663,211 barrels in March, reflecting moderate short-term variability rather than a sustained directional trend. The findings further demonstrate a pronounced structural concentration, with Basrah crude accounting for 102,310,248 barrels in January, 94,375,012 barrels in February, and 104,740,398 barrels in March, representing nearly the entirety of national export volumes. In contrast, contributions from Kirkuk-related streams remained limited, including exports from the Al-Qayara field, which ranged from 353,309 to 1,613,048 barrels, while exports through the Jordan route remained below 420,000 barrels throughout the study period. Moreover, exports via the Ceyhan corridor were entirely absent during all months under investigation, highlighting the lack of diversification in Iraq’s export pathways. Within the broader context of escalating geopolitical tensions and the U.S.–Israeli conflict with Iran, these findings suggest that Iraq’s export system, although operationally stable under ordinary conditions, remains structurally vulnerable to external shocks. The heavy dependence on southern export terminals increases exposure to potential disruptions in maritime routes, particularly the Strait of Hormuz, a strategically critical global energy transit corridor. Such disruptions may simultaneously elevate international oil prices while constraining Iraq’s export capacity. The study concludes that Iraq’s oil export architecture reflects a paradox of strength and fragility, where substantial production capacity coexists with limited resilience to geopolitical stress due to structural concentration and the absence of effective alternative export routes.