Iraq has raised production from its southern fields but had to curtail output again this week after failing to secure sufficient tankers. The setback raises questions over Baghdad’s ability to restore production methodically while addressing geological and infrastructure constraints exposed by the Hormuz crisis. However, output is up from recent lows and should continue to rise now that operators in Kurdistan are restarting production.
The episode underscores how tanker availability and operational resilience, rather than production capacity alone, are likely to determine the pace of Iraq’s recovery as traffic through the Strait of Hormuz gradually returns to normal. (CONTINUED - 1657 WORDS)
