Iraq Exported 10 Million Barrels of Oil via Strait of Hormuz in April
🔴 Tension Risingjordannews.jo2026-05-16
Iraq exported 10 million barrels of crude oil through the Strait of Hormuz in April, a significant decline from pre-war levels. The closure of the Strait has severely impacted oil exports from several Middle Eastern countries, leading to a surge in global oil prices. Iraq intends to increase its production and exports with OPEC's cooperation.