The collapse: February to May
How the Iran war dismantled Iraq's oil export capacity across four months
March
▼82% volume vs Feb
▼71% revenue vs Feb
▼84% daily rate vs Feb
April
▼90% volume vs Feb
▼84% revenue vs Feb
▼91% daily rate vs Feb
May
▼90% volume vs Feb
▼85% revenue vs Feb
▼91% daily rate vs Feb
Sources: Iraq Ministry of Oil / SOMO · The National Context
May figures estimated from official commentary and export tracking; final SOMO figure pending.