Iraq’s deputy oil minister for upstream affairs said on Sunday the country plans to gradually restore crude production to 4.2–4.3 mln bpd. The proposed increase would return output to levels before the Iran war and the closure of the Strait of Hormuz.

2026-06-21

Iraq’s deputy oil minister for upstream affairs said on Sunday the country plans to gradually restore crude production to 4.2–4.3 mln bpd. The proposed increase would return output to levels before the Iran war and the closure of the Strait of Hormuz.