Iraq's oil exports reached 73 million barrels in August, hitting a new high since the conflict began

The State Organization for Marketing of Oil (SOMO) in Iraq released relevant data showing that the country’s total oil exports in August 2024 reached 73 million barrels, setting a record for the highest export volume since the outbreak of related conflicts in Iran. During the same period, Iraq’s total oil export revenue in August was approximately $4.5 billion. As one of the world’s major oil exporters, Iraq’s crude oil export volume and related revenue trends continue to have a significant impact on the international energy market. The surge in exports this time has also attracted attention from many professionals in the energy sector.