An oil pipeline at Iraq's Nahr Bin Umar oil field, north of Basra. Iraq is among the oil producers hit hardest by the Iran war. ReutersShow caption: An oil pipeline at Iraq's Nahr Bin Umar oil field, north of …Baghdad aims to increase production to five million bpd as it builds pipelines to bypass strait, Oil Minister says
Iraq has increased its crude oil production capacity to more than 3 million barrels per day despite ongoing disruptions in the Strait of Hormuz.
Iraqi oil exports collapsed from 4.2 million bpd before the conflict to 1.45 million bpd within three months, according to Opec data.
Iran granted special permission for Iraqi oil tankers to traverse the strait following repeated diplomatic requests from Baghdad through various channels.
Iraq is pursuing pipeline projects linking the country to Ceyhan and Baniyas in Syria as alternative export routes bypassing the strait.
