Iraq oil exports could resume within a week, minister says

<article data-history-node-id="439479" about="https://www.middleeasteye.net/live-blog/live-blog-update/iraq-oil-exports-could-resume-within-week-minister-says" class="live-blog-update default clearfix"> <h2> <a href="https://www.middleeasteye.net/live-blog/live-blog-update/iraq-oil-exports-could-resume-within-week-minister-says" rel="bookmark"> <span class="field field-title">Iraq oil exports could resume within a week, minister says</span> </a> </h2> <div class="content"> <div class="field field-field-text"><p>Iraq’s Deputy Oil Minister Basim Mohammed said Iraq could restore oil output and exports to normal levels within seven days once the crisis over the Strait of Hormuz ends.</p> <p>“Iraq can restore oil output and exports to normal levels within seven days of the crisis ending,” he said.</p> <p>He added that production currently stands at about 1.5 million barrels per day, with roughly 200,000 barrels exported via Ceyhan in Turkey.</p> <p>Two tankers are ready and two more are expected, depending on security conditions in the strait, which has been largely closed during the war involving Iran.</p> </div> </div> </article>