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Saturday, May 23, 2026 20:40 GMT
Iraq has moved to ramp up crude exports via Turkey and address long-standing production disputes with the Kurdistan Region. Speaking during a press conference at the ministry on his first day in office, Iraq’s new Oil Minister Basim al-Abadi pointed to a sharp decline in exports, noting that Iraq shipped an average of 93 million barrels per month before the latest US-Iran escalation, while volumes fell to around 10 million barrels in April. Despite the slowdown, Iraq continues to export around...More