
The Nahr Bin Omar oil field near Basra. Iraq exported $11.07bn of oil in March 2022, the highest level for half a century, as crude prices soared. AFP
The Nahr Bin Omar oil field near Basra. Iraq exported $11.07bn of oil in March 2022, the highest level for half a century, as crude prices soared. AFP
Iraq's debt set for 'steep' fall on higher oil prices but outlook is volatile, Fitch says
The rating agency estimates oil prices will average $105 a barrel this year and $85 in 2023, boosting revenue and economic growth