Iraq’s Ministry of Oil announced on Saturday that crude oil exports from all Iraqi fields are expected to resume within the next few days after severe disruptions caused by regional tensions and the temporary closure of the Strait of Hormuz.

According to the ministry, all export facilities and oil fields are prepared to restart shipments as soon as logistical arrangements with international shipping companies are finalized.

Ministry spokesperson Assem Jihad Bazoun said Iraqi authorities are currently coordinating with major tanker companies to restore export contracts.

“The door is open to all companies. Within the next few days, we will resume exports, and all fields are ready for export,” Bazoun told Iraqi state media.

The disruptions significantly affected Iraq’s oil exports in March. The country exported 18.6 million barrels of crude oil, generating approximately $1.95 billion in revenue.

This marked a steep decline compared with February, when Iraq exported 99.8 million barrels, earning about $6 billion.

The ministry attributed the drop largely to regional instability caused by the war involving the United States and Israel against Iran, which heightened security risks in the Strait of Hormuz, the main route used for most Iraqi oil exports.

Iran initially announced the reopening of the strategic waterway through its foreign minister Abbas Araghchi, but the decision was quickly reversed.

The Islamic Revolutionary Guard Corps later said the closure remained in place due to what it described as a continued blockade of Iranian ports.

To mitigate disruptions, Iraq has been exploring alternative export routes. Bazoun said the government continues to diversify its oil shipment outlets.

Among the alternatives used during the crisis was the Baniyas Port, which served as a temporary route for Iraqi crude exports.

Officials also confirmed that Basra ports recently received a supertanker capable of loading 2 million barrels of Iraqi oil, marking the first such shipment since the partial reopening of the Strait of Hormuz.

The ministry also said Baghdad is working to expand export capacity through the northern pipeline system to Ceyhan Port, aiming to reduce dependence on the Gulf route.