Record oil revenues near $11 billion in March
Revenues surged due to spiking global prices, but exports dipped as infrastructure delays threaten to constrain oil sales going forward.
A worker from Iraq's State Company for Oil Projects welds the pipeline connecting the Zubair-1 and Zubair-2 oil depots to the Fao depot, providing more flexibility for both exports and feeding the Shuaiba refinery. (Source: Basra Oil Company)
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