Iraq raises oil output from southern fields to 2.1 million bpd

Iraq has boosted its oil production from southern fields to 2.1 million barrels per day, reflecting a strategic move to capitalize on global oil market dynamics. This surge is expected to enhance the country's revenue as it navigates international relations, particularly amidst the US-Iran tensions affecting global oil supply. The increase in output is also a response to growing demand and the need to secure its economic future in the energy sector. This development underscores Iraq's role in the global oil market and its efforts to maintain stability and growth.