Iraqi Supply Loss Could Expose the Real Limits of OPEC Spare Capacity

Iraqi Supply Loss Could Expose the Real Limits of OPEC Spare Capacity

Iraq has already begun shutting in production as exports through the Strait of Hormuz become increasingly constrained. Roughly 1.5 million barrels per day are reportedly offline, and officials have warned that figure could approach 3 million bpd if disruption…

Crude oil inventories in the… Limited spare capacity, declining upstream… Global energy markets anticipate extreme… By Julianne Geiger - Mar 03, 2026, 6:00 PM CSTIraq has already begun shutting in… [+5097 chars]
Iraqi Supply Loss Could Expose the Real Limits of OPEC Spare Capacity - FHMnews