The conflict between the United States and Iran has led to a sharp reduction in Iraq's oil exports.
Iraq's newly appointed Oil Minister, Basim Mohammed Huda al-Haidari, said at a press conference on the 16th that the country exported about 10 million barrels of crude oil through the Strait of Hormuz in April, significantly lower than the pre-US-Iran conflict monthly average of about 93 million barrels. Haidari stated that Iraq plans to increase the flow of the pipeline connecting Iraq's Kirkuk to Turkey's Ceyhan port to increase exports. However, if the war does not end, Iraq's crude oil exports will not be able to recover to pre-war levels. Iraq plans to engage in dialogue and cooperation with the Organization of the Petroleum Exporting Countries to enhance the country's export capacity.
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