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Iraq Tells Oil Fields to Start Lifting Output After US-Iran Deal (opens original article in a new tab)

TL;DR

Iraq told oil fields to increase output to prewar levels following a US-Iran deal aimed at reopening the Strait of Hormuz.

  • Iraq asked operators of five major oil fields to boost production to prewar levels
  • Targeting output of over 3 million barrels a day
  • US-Iran deal aims to fully reopen the Strait of Hormuz

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