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Middle East Oil Markets news and market signals

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Iraq Oil Exports via Hormuz More Than Doubled in August

EnergyBasic

Medium 7/10Crude Oil Asian Refiners

Iraq Oil Exports via Hormuz More Than Doubled in August

Iraq significantly boosted its crude oil exports through the Strait of Hormuz in August, more than doubling shipments compared to July. This surge was facilitated by substantial discounts on Basrah loadings and transit permissions granted by Iran.

September 3, 2026Published 2 hours ago