Iraq prepares alternative export routes, targeting 5 million barrels per day

Iraq is preparing an alternative oil export route as part of a strategic initiative to boost its overall export capacity. Iraqi Oil Minister Basim Mohammed Khudair announced the plans on Saturday, September 5.

The country has already increased its oil export capacity and has set a production and export target of 5 million barrels per day. The development highlights Iraq's ongoing efforts to diversify and secure its export infrastructure.