Iraq plans to restore crude oil output to pre-crisis levels

Iraq plans to gradually restore crude oil production to 4.2-4.3 million barrels per day, matching pre-Iran war levels.

​Iraq ​plans ‌to restore crude ​oil production gradually ‌to the between 4.2 million and 4.3 ‌million barrels per day, ‌Iraq's deputy oil minister for upstream ⁠affairs said ​in ⁠a statement on Sunday.

The ⁠proposed increases would ​restore output to levels achieved ⁠before the Iran ⁠war ​and resulting closure of ⁠the Strait of Hormuz.