Crude export routes through Turkey and Jordan have enabled Iraq to hike volumes while easing pressure on aging southern infrastructure. Southern exports are down, but Q3 saw Federal Iraq ship record overall volumes.

Iraqi Oil Minister Thamir Ghadhban came under intense pressure from Saudi Arabia and the other leading lights of the Opec+ production agreement in Abu Dhabi last month. Mr Ghadhban pledged to cut output, but Saudi Energy Minister Prince Abdulaziz bin Salman says he adheres to a...