Middle East oil output is set for a sharp rebound in 2027, with Iraq leading at 34.1% growth, as producers race to restore supply lost during the Iran war and Strait of Hormuz shutdown.

Middle East oil output is set for a sharp rebound in 2027, with Iraq leading at 34.1% growth, as producers race to restore supply lost during the Iran war and Strait of Hormuz…

Iraq plans to triple crude exports through Turkey's Ceyhan port to 770,000 bpd as the Hormuz closure slashes southern output by 70%.