❗️Iraq has cut oil production by nearly 1.5 million bpd, with cuts potentially rising to over 3 million bpd within days as storage reaches critical levels and the Strait of Hormuz enters a fourth day of closure, Iraqi oil officials told Reuters.
❗️Iraq has cut oil production by nearly 1.5 million bpd, with cuts potentially rising to over 3 million bpd within days as storage reaches critical levels and the Strait of Hormuz enters a fourth day of closure, Iraqi oil officials told Reuters.
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