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Iraq reduces oil output, more cuts to come if Hormuz disruptions persist, Iraqi oil officials say - Reuters

Iraq reduces oil output, more cuts to come if Hormuz disruptions persist, Iraqi oil officials say Reuters

March 3, 2026

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$280M daily loss: Iraq faces production cut as Hormuz closes

Baghdad (IraqiNews.com) – Economic expert Mohammad Al-Hasani warned on Monday that the closure of the Strait of Hormuz by Iran poses an existential threat to Iraq’s oil-dependent economy. Since southe

iraqinews.com•March 4, 2026
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