Iraq Oil Output Plunges About 60% as Iran War Blocks Tankers
u/joe4942 ·
Reddit — r/stocks
· March 08, 2026 at 15:11
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> Iraq’s oil production has collapsed by about 60% as the Iran war means there aren’t enough tankers to load the nation’s crude.
> The country is now pumping about 1.7 million to 1.8 million barrels of oil every day, down from about 4.3 million a day before the conflict began, according to people with knowledge of the matter, who asked not to be identified because the output levels aren’t public.
https://www.bloomberg.com/news/articles/2026-03-08/iraq-oil-output-plunges-about-60-as-iran-war-blocks-tankers