Iraq’s State Organization for Marketing of Oil (SOMO) announced on Tuesday that Iraq exported more than 106 million barrels of crude oil in March 2025, reflecting the country’s continued reliance on oil as its main source of revenue.

According to SOMO's data, total crude exports reached 106,663,211 barrels, with the vast majority — 104,740,398 barrels — originating from oil fields in central and southern Iraq.

Exports from the Gayara oil field in Nineveh totaled 1,613,840 barrels, while crude transported from Kirkuk to Jordan accounted for 309,765 barrels.

The report underscores Iraq’s ongoing efforts to maintain production levels amid fluctuating global oil prices and growing regional competition, particularly as some OPEC+ members push for stricter production caps.

Iraq, the second-largest oil producer in OPEC, depends on crude exports for over 90% of its national budget. While the country has repeatedly committed to OPEC+ production agreements, it often faces pressure to balance compliance with the urgent need for revenue to fund infrastructure, public services, and post-conflict reconstruction.

Recent debates within OPEC+ have highlighted tensions between oil-producing nations over quotas, with Iraq frequently advocating for more flexible output policies