Since the outbreak of the war in the Middle East, navigation in the Strait of Hormuz has almost come to a standstill, leading to a drastic reduction in crude oil exports from Iraq. Iraq's Ministry of Petroleum issued a statement on July 28 saying that the country exported about 32.11 million barrels of crude oil in May and June, and the average monthly export volume is far below the level before the outbreak of the war in the Middle East. Statistics show that in May and June, Iraq exported about 2.04 million barrels of crude oil through Basra in southern Iraq, 10.31 million barrels of crude oil through Kirkuk in northern Iraq, and about 1.56 million barrels of crude oil through the Kurdish Autonomous Region in northern Iraq. In February of this year, Iraq exported about 99.87 million barrels of crude oil.

Since the outbreak of the war in the Middle East, navigation in the Strait of Hormuz has almost come to a standstill, leading to a drastic reduction in crude oil exports from Iraq. Iraq's Ministry of Petroleum issued a statement on July 28 saying that the country exported about 32.11 million barrels of crude oil in May and June, and the average monthly export volume is far below the level before the outbreak of the war in the Middle East. Statistics show that in May and June, Iraq exported about 2.04 million barrels of crude oil through Basra in southern Iraq, 10.31 million barrels of crude oil through Kirkuk in northern Iraq, and about 1.56 million barrels of crude oil through the Kurdish Autonomous Region in northern Iraq. In February of this year, Iraq exported about 99.87 million barrels of crude oil.