Thursday, June 19, 2025

IRAQ NEWS HEADLINES : Oil Revenues Remain Strong

 IRAQ NEWS HEADLINES

Oil Revenues Remain Strong

  • Iraq continues to benefit from high global oil prices, especially amid tensions in the Middle East.

  • Oil exports account for over 90% of government revenue, so Iraq’s economy is heavily influenced by global energy markets.

  • In May 2025, Iraq exported over 3.5 million barrels per day, mainly to China, India, and Europe.

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