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18 April 2024

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Iraq exported 10 million barrels of oil through Strait of Hormuz in April

16-05-2026 02:02 PM


Ammon News - Iraq exported 10 million barrels of oil via the Strait of Hormuz in April, down from about 93 million ​barrels monthly before the Iran war, the country's new oil minister, Basim Mohammed, ‌said at a press conference on Saturday.

The closure of the Strait of Hormuz due to the Iran war has curtailed oil exports from Saudi Arabia, the UAE, Kuwait and Iraq, sending ​prices sharply higher.

"Exports through the Strait of Hormuz are low and depend ​on the arrival of oil tankers, which are not entering because of ⁠insurance", he said in his first press conference after taking office.

Iraq is currently producing ​1.4 million barrels per day.

Reuters




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