comparemela.com

Al Basra Oil Terminal News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Pipeline failure takes major export terminal offline

Iraq has temporarily lost more than 1.3 million bpd of export capacity after the Al-Basra Oil Terminal went offline early Friday due to leaks from a failing subsea pipeline.

Iraq exports dip but revenues hit new record

Monthly oil revenues topped $11 billion, boosted by high global prices, but export levels slipped as Iraq bumps up against infrastructure constraints.

© 2025 Vimarsana

vimarsana © 2020. All Rights Reserved.