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Iraq increases oil exports, sees extra revenues, state oil marketer says

ReutersSep 21, 2025 1:24 PM

- Iraq has increased its oil exports after the gradual end of voluntary production cuts under the OPEC+ agreement, the country's state oil marketer SOMO said on Sunday.

The increase in exports is expected to generate hundreds of millions of dollars in additional revenues for Iraq at current price levels, SOMO's director general Ali Nizar Al-Shatari told the Iraqi state news agency.

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