Iraq ranks second in crude oil exports to US, with $511 million in June shipments

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Iraq ranks second in crude oil exports to US, with $511 million in June shipments

According to data from the US Department of Commerce, Arab nations shipped $1.41 billion worth of crude oil to the United States in June.

With exports totaling $616.15 million and delivering approximately 7.15 million barrels of crude oil, Saudi Arabia topped the list. Iraq came in close behind with 6.05 million barrels worth $511.33 million, which is a slight decrease from the 6.46 million barrels it exported in May.

With exports of 2 million barrels worth $175.81 million, the UAE came in third place. Fourth in terms of value, Libya’s exports to the United States totaled 1.23 million barrels, or $107.64 million.

With 692,000 barrels shipped to the US, Kuwait was the fifth-largest exporter in the group, worth $58.334 million.