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Iraq's oil exports to the United States declined from 325,000 barrels per day at the end of January to zero during the week ending June 12, 2026, after experiencing significant fluctuations in crude flows over the past few months. This comes at a time when global energy markets continue to face volatility related to changing supply routes, with U.S. oil inventories falling to their lowest level since March 1985, as the country has lost approximately 96.25 million barrels from its total reserves since the start of the war with Iran.
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