Iraq's oil exports through the Strait of Hormuz drop to 10 million barrels in April 2026
Here's what it means for you.
The decline in Iraq's oil exports signals potential shifts in global oil markets and economic stability.
What happened
Iraq exported 10 million barrels of oil in April 2026 via the Strait of Hormuz, marking a significant decrease from pre-war levels.
The Context
- Exports have decreased from 93 million barrels monthly before the Iran War.
- Iraq resumed oil exports through the Kirkuk-Ceyhan pipeline in March 2026.
- The Iraqi government aims to increase production capacity to 5 million barrels per day.
Takeaway
Iraq is looking to enhance its oil export capabilities in the coming months.
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Iraq Exported 10 Million Barrels of Oil Through Strait of Hormuz in April
In April, Iraq successfully exported 10 million barrels of oil through the strategically significant Strait of Hormuz, a vital maritime route for global energy supplies. This development highlights Iraq's ongoing role in the international oil market ...