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Breaking Posted 1 hour ago

Iraq Boosts Oil Exports via Turkey to 500,000 Barrels Daily

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Iraq raised crude shipments through the Turkish port of Ceyhan from 350,000 to 500,000 bpd after resuming pipeline operations in September 2025, marking the highest volume since the route reopened. The surge supports global oil supply and lowers energy costs for importers; energy-sensitive currencies including CAD and commodity-linked peers may see modest strength as crude-price pressure eases.
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