Iraq Is Struggling With an Energy Crisis Despite Its Oil Wealth

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One of OPEC’s major oil producers, Iraq, has been tackling an ongoing energy crisis, which plunged the country into darkness in August. Despite being one of the world’s biggest oil powers, years of political turmoil, the mismanagement of public funds, and the neglect of the country’s energy infrastructure have resulted in a nationwide energy crisis, with almost daily blackouts. Meanwhile, stricter sanctions on Iranian electricity are hitting Iraq’s power sector hard, showing the need for investment in greater long-term energy…