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Iraqi Oil Minister Basem Muhammad Khudair stated that Iraq's oil fields are prepared to gradually resume export operations, with ongoing efforts to restore production levels to previous highs. He explained that SOMO has been in contact with its clients to organize the shipment of contractual quantities from the southern ports, with the resumption of exports depending on the smooth passage through the Strait of Hormuz. Oil production in southern Iraq has increased to 1.5 million barrels per day, accompanied by more tankers arriving at the ports, thanks to the easing of tensions between the United States and Iran and improvements in navigation safety.
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