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Iraq's daily oil exports hit 4 million barrels
The Iraqi Ministry of Oil announced that the country's oil exports reached 4 million barrels in a single day, amid ongoing tensions in the Strait of Hormuz and a decline in ships passing through the strait. This increase in exports is one of the most significant indicators of the performance of Iraq's oil sector, as oil prices have risen to approximately $101.71 per barrel. Officials confirmed that Iraq is working to increase its production and exports to support the national economy, and it is expected that the government will continue importing additional quantities of gasoline to cover the gap between production and consumption, which reaches up to 5 million liters daily.
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