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Iraq’s oil exports in February fall below planned levels

An Iraqi oil export terminal in Al Basra. (Image via Pixabay - CC0)

BAGHDAD (AP) — Iraq’s Oil Ministry said Tuesday that crude exports averaged 3.225 million barrels a day in February, far below levels planned to provide the nation with badly needed cash for ongoing military operations against Islamic State extremists. Last month exports grossed about $2.2 billion, based on an average price of about $23 per barrel, ministry spokesman Assem Jihad ...

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