economy

April 18, 2026

GREAT NEWS! Iraq announced plans, oil is coming soon!

The Iraqi Ministry of Oil announced today that it will resume exports from all oil fields in the coming days.

GREAT NEWS! Iraq announced plans, oil is coming soon!

TL;DR

  • Iraq is in contact with tankers and major companies to arrange oil exports.
  • Exports are expected to resume in a few days, with all fields prepared.
  • The acceleration of exports is expected to bring stability and state revenue.
  • This move will support domestic oil production and meet local market needs for gas.
  • A large tanker has arrived in Basra port to load two million barrels of oil.