Prime Minister Mr. Ali Faleh Al-Zaidi chairs an expanded meeting of the Ministry of Oil •••••••••• Today, Monday, the Prime Minister, Mr. Ali Faleh Al-Zaidi, chaired an expanded meeting of the Ministry of Oil, in the presence of the Ministers of Finance and Oil, the Director of the Prime Minister’s Office, and the Undersecretaries and Directors-General of all departments and formations of the Ministry. During the meeting, the plans and strategies prepared by the Ministry, the mechanisms for dealing with the repercussions of the Strait of Hormuz crisis, and the proposed solutions to ensure the smooth export of Iraqi oil and increase its export capabilities, were reviewed. The meeting witnessed a discussion of the reality of the oil sector, and the levels of production and export, in light of the exceptional circumstances taking place in the region, the resulting closure of the Strait of Hormuz, and the resulting significant decline in Iraqi oil export rates, where policies, plans and possible solutions were discussed to deal with the repercussions of the crisis, ensure the continuation of oil exports, and enhance alternative export outlets. The Prime Minister stressed the importance of accelerating finding practical solutions, through rehabilitating and developing oil transportation pipelines, and contracting with international companies to market and sell Iraqi oil. Mr. Al-Zaidi appreciated the great efforts made by the Ministry of Oil at this stage, directing that the work of oil companies be 24 hours a day, to ensure the sustainability of production and export operations and increase their rates. He directed His Excellency to take advantage of the current circumstances and turn the crisis into an opportunity for success, by developing oil infrastructure and expanding export outlets. The Prime Minister indicated that the Ministry of Oil has many solutions and opportunities that can be worked on urgently, in order to achieve quick and tangible results. ••••• Media Office of the Prime Minister 17-August-2026