ERBIL, Kurdistan Region - Iraq’s oil production has fallen to around 1.3 million barrels per day, an oil ministry source said Tuesday, as regional tensions and disruptions at the Strait of Hormuz continue to impact the country’s exports.
“Currently, oil production in Iraq is approximately 1.3 million barrels daily,” the source told Rudaw.
Before the start of Iran's war with the United States and Israel on February 28, Iraq’s oil production stood at around 4.5 million barrels per day, of which roughly 3.5 million barrels, including the Kurdistan Region’s share, were exported.
Iran on Friday announced the reopening of the Strait of Hormuz after more than a month of closure, before later declaring it shut again, accusing the United States of failing to meet its obligations after US President Donald Trump said a naval blockade would remain in place until a final agreement is reached with Tehran.