Exports via Turkey boosted Iraqi oil sales while a deadly oil depot fire had only limited impact on southern volumes.
U.S. sanctions on Lukoil threaten Iraq oil production drop
There is no backup plan for operating the 480,000 bpd West Qurna-2 field, with some Iraqi officials worrying production might need to be cut within weeks.
A ceremony at the West Qurna 2 oil field in Basra to mark the opening of two new well complexes on June 1, 2023. (JASSIM AL-JABIRI/Iraq Oil Report)