Iraq seeks 3m barrels of daily oil production after fall due to Iran war

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Iraq’s oil ministry is working to restore production to the level within two months, following the sharp decline caused by the US-Israeli war on Iran, Al Jazeera quotes the Iraqi News Agency (INA) as reporting, which cited spokesman Salim Farhoud.

Farhoud said there is no fixed timeline for exports to return to previous levels, citing differences in reservoir conditions and production capacity across fields. He noted that operating companies had begun restoration work.

“It is possible that we will return within one to two months to the previous production levels, which exceed three million barrels per day from the southern fields,” said Farhoud.

Iraqi oil production fell by approximately 60 per cent due to the war, dropping to 1.3 million barrels per day from 3.3 million barrels before the war began.

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