# [WARNING] Fresh Drone Strikes Cut Iraq Khor Mor Output, Hit Power Supply

*Sunday, November 8, 2026 at 9:45 PM UTC — Hamer Intelligence Services Desk*

**Detected**: 2026-11-08T21:45:49.323Z (1h ago)
**Tags**: MARKET, ENERGY, Natural Gas, Middle East, Geopolitics, Iraq, Iran
**Sources**: OSINT
**Permalink**: https://hamerintel.com/data/alerts/29687.md
**Source**: https://hamerintel.com/summaries

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**Summary**: New drone/projectile attacks have again struck the Khor Mor gas field in Iraqi Kurdistan, triggering a reported 2,800 MW loss in regional electricity generation and visible smoke at the site. The renewed disruption underscores escalating Iran–US/Iraqi militia tit‑for‑tat around critical gas infrastructure, raising regional energy risk premia and reinforcing upside pressure on European and MENA gas benchmarks and Kurdistan-linked credit/equities.

## Detail

Multiple reports in the past hour confirm new drone/projectile strikes on the Khor Mor gas field in Iraq’s Kurdistan region, operated by Dana Gas and Crescent Petroleum. Kurdish and regional sources note smoke rising from the site and power outages, with the Kurdistan Regional Government’s Electricity Ministry stating that electricity production has dropped by 2,800 MW following the strike. The attack reportedly originates from Salah al‑Din province and follows earlier Iranian‑linked activity and US strikes on Iranian air defense assets on Qeshm/Kish Islands.

Khor Mor is a critical non‑associated gas asset supplying domestic power generation and liquids (condensate/LPG). While exact current throughput post‑strike is unclear, a 2,800 MW power loss implies a substantial cut in gas supply to power plants—on the order of several hundred mmcfd. Even if physical export exposure is limited (KRG gas is largely domestic), the field’s strategic role for northern Iraq’s power and its operators’ growth plans mean the event is strongly risk‑premium relevant, not just volumetric.

Immediate market impact is via:
- Regional gas and power: upside risk for Iraq/KRG domestic gas and power prices; higher demand for diesel/fuel oil burn to backstop lost gas, mildly supporting regional oil products.
- Broader gas complex: European and UK natgas (TTF, NBP) may add 1–3% intraday on heightened perception that Middle East gas assets are not insulated from the wider Iran–US confrontation, especially as this follows repeated strikes on the same field.
- Credit/equities: Wider spreads for KRG‑linked sovereign/quasi‑sovereign risk and Dana Gas credit; equity risk premium higher for regional E&P names with exposure to Iraqi Kurdistan.

Historically, prior drone attacks on Khor Mor (2022–2024) produced short‑lived but notable moves in regional risk assets and contributed to a modest global gas risk premium when coinciding with other supply worries. With concurrent US–Iran clashes near the Strait of Hormuz already elevating Gulf hydrocarbon risk, this repeat strike at Khor Mor has a compounding effect. Unless damage assessments show minimal and rapidly reversible impact, expect the market to treat this as more structural escalation—sustaining a higher regional energy risk premium over days to weeks rather than a purely transient blip.

**AFFECTED ASSETS:** TTF Dutch Gas Futures, UK NBP Gas, Iraqi Eurobonds, Dana Gas equity, Middle East oil product crack spreads, Iraq/KRG power sector corporates