business

Iraq Tells Oil Fields to Start Lifting Output After US-Iran Deal

Bloomberg Markets · Jun 20, 2026, 12:05 PM · Also reported by 4 other sources

Iraq asked operators of five major oil fields to boost production to prewar levels, targeting output of over 3 million barrels a day, after US-Iran deal that aims to fully reopen the Strait of Hormuz.

Read full story on Bloomberg Markets → More top stories

Also covered by

The Atlantic Iran Got a Great Deal That It Could Still Squander Al Jazeera Trump’s Iran deal, Israel’s meltdown DW English Iran war: Even a peace deal won't fix energy crunch Al Jazeera Where do Iran’s political factions stand on the US peace deal?

Aggregated and edited by the Scoop newsroom. We surface news from Bloomberg Markets alongside other reporting so you can compare coverage in one place. Editorial policy · Corrections · About Scoop

Iraq Tells Oil Fields to Start Lifting Output After US-Iran Deal

Also covered by

More in business