'Iraq sends 2 million barrels of crude through Hormuz in rare tanker move'

 

Iraq’s state-owned Oil Tanker Company said Saturday it had moved 2 million barrels of Iraqi crude through the Strait of Hormuz aboard a very large crude carrier, marking its first operation of that scale in decades.

Director General Ali Qais Abdul Jabbar said carrying the oil beyond Basra gives state marketer SOMO more flexibility to choose where the cargo is sold and potentially secure better prices.

Iraq has previously obtained Iranian approval for its tankers to pass through the Strait of Hormuz, which Tehran has effectively restricted during its conflict with the United States.

https://www.iranintl.com/en/202610039550