Sharp Decline in Ceyhan Supplies: Kirkuk Oil Records 128,000 BPD in May 2026

A May 2026 shipping schedule reveals that Iraqi crude exports from Kirkuk to Turkey are set at 128,000 bpd, marking a 28% decline from April's figures. While Tupras will receive a portion via pipelines, the rest will be shipped from Ceyhan. This reduction highlights the growing strategic importance of northern routes as Iraq's southern ports face severe disruptions due to the ongoing 2026 Hormuz Strait crisis. Data from Kpler shows a drastic drop in overall Iraqi maritime exports compared to 2025 averages, reflecting the heightened risks in Gulf energy corridors during the current fiscal year.