Basra: Oil Minister Bassem Mohammed Khudair announced, “Four oil tankers are currently carrying Iraqi crude for export.”

According to National Iraqi News Agency, the minister stated in a joint press conference with Basra Governor Asaad Al-Eidani that oil exports have reached two million barrels per day since the beginning of August. This development is part of Iraq’s ongoing efforts to boost its oil export capabilities and enhance its role in the global oil market.

The collaboration between the Oil Ministry and the local government in Basra is crucial for the successful export of crude oil, which is a key component of Iraq’s economy. The increased export levels are expected to have a significant impact on the country’s revenue streams.