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.
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2 matching records found
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.
The continued blockade of the Strait of Hormuz has forced Iraq to look for alternatives to export its oil.
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