Iraq, Iran Increasing Oil Exports

The video discusses the dynamics of oil production and exports in Iran and Iraq, highlighting their recovery from sanctions and involvement in the OPEC deal. It examines Saudi Arabia's strategy of reducing oil exports to the US, allowing Iraq to increase its market share. Iran's narrowing gap in oil sales to China is also noted. The video concludes with a look at the future of the OPEC deal and the expected increase in market demand.

What strategy have Iran and Iraq employed to increase their oil production?

• They have reduced their oil exports.

• They have stopped working on their oil fields.

• They have collaborated with Saudi Arabia.

• They have increased their production and exports.

How has Iraq's oil export strategy to the US changed recently?

• Iraq has doubled its oil exports to the US compared to Saudi Arabia.

• Iraq has maintained the same level of oil exports to the US.

• Iraq has reduced its oil exports to the US.

• Iraq has stopped exporting oil to the US.

What is the significance of Iran's oil sales to China?

• Iran has stopped selling oil to China.

• Iran's oil sales to China have decreased significantly.

• The gap between Iran and Saudi Arabia's oil sales to China is the narrowest in 8 years.

• Iran's sales to China have surpassed Saudi Arabia's for the first time.

What is expected to happen when the OPEC deal ends?

• Demand for oil will decrease.

• Oil supply will decrease significantly.

• Saudi Arabia will stop exporting oil.

• Saudi Arabia and other suppliers will increase their market presence.

What is anticipated to accommodate the increased oil supply in the future?

• A halt in oil production.

• A reduction in oil exports.

• An increase in global oil demand.

• A decrease in global oil demand.