Iraq-focused Gulf Keystone suspends 2026 forecasts due to war

Published March 19, 2026 Updated March 19, 2026 02:13pm

Iraqi Kurdistan-focused Gulf Keystone Petroleum has suspended its 2026 financial forecasts as the oil and gas producer weighs the impact of the ongoing Iran war, according to Reuters.

Keystone said in a statement it will put its average production guidance of 37,000 to 41,000 barrels of oil per day (bpd) under review until the Shaikan operations resumed. It said its average production had risen to almost 44,000 bpd towards the end of February, up from 41,560 bpd in 2025.

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