Iraq’s oil trade with America saw a major boost last week. The country increased its crude oil exports to the United States by a large margin. This rise highlights Iraq’s growing role as a key oil supplier to the American market.
According to the latest report, the US imported an average of 5.8 million barrels of oil per day. This figure came from ten major suppliers. Compared to the previous week, the total jumped by 661,000 barrels daily. This sharp increase points to strong demand and changing global supply flows.
Iraq’s oil trade with America stood out among these shifts. Iraq exported 235,000 barrels per day to the US last week. The week before, Iraq only shipped 85,000 barrels per day. That means Iraq boosted its oil exports to the US by 150,000 barrels per day. This big jump moved Iraq higher among the top suppliers.
Canada kept its top spot. It exported 3.825 million barrels per day, making up the bulk of US oil imports. Mexico followed with 588,000 barrels per day. Nigeria supplied 464,000 barrels, while Saudi Arabia provided 327,000 barrels.
Other contributors included Colombia with 150,000 barrels per day and Venezuela at 149,000 barrels. Libya also continued to play a role, though at a smaller scale. Despite these figures, Iraq’s oil trade with America drew attention due to the sharp weekly rise.
This export growth reflects deeper market shifts. Global oil demand keeps changing, and countries like Iraq benefit when buyers look for alternative sources. As US refineries adjust to different supply levels, Iraq has become a reliable option.
Also, this development strengthens economic ties between Iraq and the United States. Oil remains central to Iraq’s economy, and the US provides a stable export market. That helps Iraq generate income, support government budgets, and invest in other sectors.
Going forward, Iraq’s oil trade with America may continue to grow. As market needs shift and global supplies fluctuate, Iraq could further expand its oil sales. For both nations, this trade provides mutual economic benefits.