Iraq plans to increase its crude oil production to between 4.2 million and 4.3 million barrels per day, according to the Deputy Oil Minister for Upstream Affairs. This move aims to return output to levels seen before the Iran-Iraq War and the closure of the Strait of Hormuz. The announcement marks a significant step in Iraq's efforts to boost its oil industry and stabilize its economy.
Iraq Aims to Restore Crude Oil Production to Pre-Conflict Levels
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