Iraqi Oil Exports Rebound to Normal Levels

Reports indicate that Iraqi oil export revenues are beginning to return to their normal levels. Exports have increased from less than 2 million barrels per day at the start of the month to over 2.5 million barrels, with expectations to reach 3 million barrels next month and to rise to 3.5 million barrels by the end of the month. Currently, the Iraqi government is facing a significant financial crisis in providing liquidity in Iraqi dinars to pay employees' salaries, as it heavily depends on the US dollar. The Central Bank is working to supply dinars by selling dollars to supported companies and traders from abroad.

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