{"id":711,"date":"2026-03-03T14:43:16","date_gmt":"2026-03-03T14:43:16","guid":{"rendered":"https:\/\/www.europesays.com\/iran\/711\/"},"modified":"2026-03-03T14:43:16","modified_gmt":"2026-03-03T14:43:16","slug":"iraq-loses-128-million-per-day-as-rumaila-kurdistan-oil-output-halts","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/iran\/711\/","title":{"rendered":"Iraq loses $128 million per day as Rumaila, Kurdistan oil output halts"},"content":{"rendered":"<p>\n                            2026-03-03T14:20:48+00:00<\/p>\n<p>                                    font<\/p>\n<p>                                            Enable Reading Mode<\/p>\n<p>\n                                        A-<br \/>\n                                        A<br \/>\n                                        A+\n                                    <\/p>\n<p>\nShafaq News- Kirkuk\/ Basra<\/p>\n<p>Iraq is losing an estimated $128 million<br \/>\nper day due to the suspension of production at the Rumaila oil field and fields<br \/>\nin the Kurdistan Region amid the fallout from the ongoing Middle East war, the<br \/>\nEco Iraq Observatory said on Tuesday.<\/p>\n<p>The monitor said Rumaila produces about<br \/>\n1.4 million barrels per day, while output capacity in the Kurdistan Region<br \/>\nstands at roughly 200,000 barrels per day, bringing the total halted production<br \/>\nto around 1.6 million barrels daily.<\/p>\n<p>Based on an oil price of $80 per barrel,<br \/>\ndaily losses are estimated at approximately $128 million, the observatory said,<br \/>\nwarning that the suspension could expand to additional fields if escalation<br \/>\ncontinues.<\/p>\n<p>It added that a one-week halt could cost<br \/>\nIraq\u2019s treasury nearly $900 million, while losses may exceed $3.8 billion if<br \/>\nproduction remains suspended for a full month.<\/p>\n","protected":false},"excerpt":{"rendered":"2026-03-03T14:20:48+00:00 font Enable Reading Mode A- A A+ Shafaq News- Kirkuk\/ Basra Iraq is losing an estimated $128&hellip;\n","protected":false},"author":2,"featured_media":712,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14],"tags":[152,792,94,788,789,790,791],"class_list":{"0":"post-711","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-iraq","8":"tag-breaking","9":"tag-eco-iraq-observatory","10":"tag-iraq","11":"tag-iraq-loses-128-million-per-day-as-rumaila","12":"tag-kurdistan-oil-output-halts","13":"tag-oil-fields","14":"tag-suspension-of-production"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@iran\/116165778692114101","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/posts\/711","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/comments?post=711"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/posts\/711\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/media\/712"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/media?parent=711"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/categories?post=711"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/tags?post=711"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}