Iraq's Oil Exports via Turkey Surge to 500,000 Bpd
AI Summary
Iraq has increased crude exports through Turkey's Mediterranean port of Ceyhan to 500,000 barrels per day, up from about 350,000 bpd. The increase follows the resumption of pipeline operations and the use of trucks to move Basrah crude into the northern pipeline system, amid disruption to flows through the Strait of Hormuz.
Iraq has boosted its crude oil exports via the Turkish Mediterranean port Ceyhan to 500,000 barrels per day (bpd), as OPEC’s second-largest producer has started trucking Basrah crude to the pipeline system to the north. Iraq has hiked exports from Turkey to 500,000 bpd for the first time since pipeline operations resumed in September 2025, climbing from about 350,000 bpd, a source at the North Oil Company told the Kurdistan 24 outlet on Monday. Since the Iran war began and crude flows through the Strait of Hormuz crippled Iraqi production…