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Iraq Shifts Oil Strategy by Arranging Tanker to Move Past Hormuz

Iraq’s state tanker company arranged a very large crude carrier to transport 2 million barrels beyond the Strait of Hormuz, marking a move toward offering oil outside the Persian Gulf.

Iraq Shifts Oil Strategy by Arranging Tanker to Move Past Hormuz

Iraq’s state tanker company arranged a very large crude carrier to transport 2 million barrels beyond the Strait of Hormuz, marking a move toward offering oil outside the Persian Gulf.

Energy Bloomberg Oct 4, 2026

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