ERBIL, Kurdistan Region - Iraq has exported over 418 million barrels of oil valued at $28 billion since the start of 2026 through late August, according to a document by Baghdad's national oil marketer seen by Rudaw on Tuesday, with total exports from the Kurdistan Region and Kirkuk fields reaching 41 million barrels over the same period.
The document shared by the State Oil Marketing Organization (SOMO) with the Iraqi parliament's Oil and Gas committee showed that Iraq exported 418.7 million barrels of oil between January 1 and August 22, at a value of $28 billion.
Total exports from the Kurdistan Region and Kirkuk fields via the Turkish port of Ceyhan reached 41 million barrels over the same period.
The report detailed that January recorded the highest volume of Kurdistan Region and Kirkuk field exports at 6.2 million barrels. March - the first full month after the eruption of the Iran war in late February - was the lowest at 3.1 million barrels.
Data showed that total Kurdistan Region exports through Ceyhan reached 20.1 million barrels as of August 22, at a daily average of 86,000 barrels.
During the first 22 days of August, Kurdistan Region and Kirkuk field exports via Ceyhan reached 6.2 million barrels. Total Iraqi oil exports over the same period generated revenues of $2.4 billion, with prices ranging between $56 and $62 per barrel.
The figures align with remarks by Iraqi oil ministry Spokesman Salim al-Rubaye, who told Rudaw on Monday that “daily oil production has reached nearly three million barrels, with exports exceeding 2.4 million barrels per day.”
The US and Israel in late February launched a large-scale aerial campaign against Iran, striking thousands of targets over six weeks of fighting.
Tehran responded with waves of drone and missile strikes across the Middle East, targeting alleged US assets - particularly in Gulf Arab states - as well as Israel.
The conflict has also dealt a severe blow to shipping through the Strait of Hormuz, the route for roughly 90 percent of Iraq's oil exports.
Official figures from Baghdad showed Iraqi crude production fell from around 4.14 million barrels per day (bpd) before the crisis to 1.49 million bpd at its peak. Before the disruptions, Iraq exported approximately 106 million barrels of crude per month.
Mazhar Mohammed Salih, a prominent financial adviser to the Iraqi government, told Rudaw in early March that the export disruptions were costing Iraq between $200 million and $255 million per day.
Hastyar Qadir contributed to this report from Erbil, Kurdistan Region.
