Iraq has increased crude oil production from its southern fields by 250,000 barrels per day to around 1.75 million barrels per day as more tankers load

The oil market is expected to enter a substantial supply surplus in 2027 after rebounding from the closure of the Strait of Hormuz, the International...

Iraq plans to boost oil exports after a US-Iran deal to reopen the Strait of Hormuz on Friday, following an 89% collapse in crude flows from pre-conflict