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Iraq could restore oil exports if Hormuz reopens

Filed: Apr 06, 2026 at 11:09 AM ET
Summary: Iraq's Basra Oil chief states oil exports could reach 3.4 million bpd within a week if the Strait of Hormuz reopens.
WHO: Basra Oil Company chief
WHAT: Iraq could restore crude oil exports
WHEN: Apr 06, 2026 at 10:55 AM ET
WHERE: Basra
WHY: Provided the Iran war ends and the Strait of Hormuz reopens
ℹ️ This event is analyzed using pattern arcs, velocity indicators, and source analysis in our MI Console.

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