Iraq Boosts Oil Output to 1.75M Barrels Per Day

Two Iraqi officials confirmed that Iraq has increased its oil production from its southern fields to approximately 1.75 million barrels per day, with a plan to raise production to two million barrels per day in the coming days. This effort is part of Iraq’s initiatives to boost its oil exports and resume operations after production declined due to the blockage of the Strait of Hormuz during the US-Iran war. Iraqi Oil Minister Basem Mohammed Khudair Al-Abadi visited facilities to oversee the gradual restoration of oil field operations and to ensure the regular passage of exports through the Strait of Hormuz.

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