Iraq's Oil Production Surges Past Three Million Barrels Per Day

Iraq's oil production has recovered to over three million barrels per day, exceeding two million barrels in exports.

The increase comes after a sharp drop due to the US-Iran war, which caused Iraq's oil production and exports to fall from more than 4.5 million barrels per day to nearly one and a half million.

According to Salim al-Rukabi, spokesperson for the Iraqi Oil Ministry, the average level of oil production in Iraq has reached over three million barrels, with exports through southern ports averaging between two million and 2.2 million barrels per day.

Rukabi described a new one-year oil transit agreement with Turkey as 'temporary,' with exports expected to increase gradually until reaching the agreed capacity.