{"id":84325,"date":"2026-04-26T13:32:09","date_gmt":"2026-04-26T13:32:09","guid":{"rendered":"https:\/\/www.europesays.com\/iran\/84325\/"},"modified":"2026-04-26T13:32:09","modified_gmt":"2026-04-26T13:32:09","slug":"iraq-produces-302-million-bpd-in-q1-2026","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/iran\/84325\/","title":{"rendered":"Iraq produces 302 million bpd in Q1 2026"},"content":{"rendered":"<p>\n                            2026-04-26T13:07:04+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>Shafaq News- Baghdad<\/p>\n<p>Iraq produced about 302 million barrels of oil in the first<br \/>\nquarter of 2026, the Eco Iraq Observatory said on Sunday, urging authorities to<br \/>\ndiversify export routes beyond reliance on Gulf shipping.<\/p>\n<p>In a statement, the observatory said output reached around<br \/>\n4.157 million barrels per day in January and rose to 4.188 million barrels per<br \/>\nday in February, before dropping sharply in March to about 1.625 million<br \/>\nbarrels per day.<\/p>\n<p>It warned that reliance on a single export corridor exposes<br \/>\nIraq to geopolitical risks and proposed reviving the New Levant route as an<br \/>\nalternative to expand outlets, boost flexibility during crises, and ensure<br \/>\nsteady supply to global markets, especially during regional tensions.<\/p>\n<p>Iraq\u2019s oil output <a href=\"https:\/\/shafaq.com\/en\/Economy\/Iraq-oil-output-plunges-3M-bpd-food-security-safe\" target=\"_blank\" rel=\"nofollow noopener\">fell<\/a> from 4.3 million to 1.3 million<br \/>\nbarrels per day amid disruptions in the Strait of Hormuz, cutting exports to<br \/>\nbelow 800,000 barrels per day and causing losses of about $128 million daily.<br \/>\nDespite this, officials say the impact remains contained, supported by<br \/>\ngovernment subsidies and foreign reserves of around $100 billion.<\/p>\n<p><a href=\"https:\/\/shafaq.com\/en\/Report\/Iraq-s-oil-bottleneck-Abundance-trapped-by-dependency\" target=\"_blank\" rel=\"nofollow noopener\">Read more: Iraq\u2019s oil bottleneck: Abundance trapped by dependency<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"2026-04-26T13:07:04+00:00 font Enable Reading Mode A- A A+ Shafaq News- Baghdad Iraq produced about 302 million barrels of&hellip;\n","protected":false},"author":2,"featured_media":84326,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14],"tags":[94,30064,899],"class_list":{"0":"post-84325","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-iraq","8":"tag-iraq","9":"tag-iraq-produces-302-million-bpd-in-q1-2026","10":"tag-oil-production"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@iran\/116471263563511733","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/posts\/84325","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=84325"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/posts\/84325\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/media\/84326"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/media?parent=84325"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/categories?post=84325"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/tags?post=84325"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}