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tass.comIraqi authorities forecast a return to peacetime output levels after exports fell during recent Middle East fighting. A U.S.-Iran agreement reached this week has eased conditions for recovery.
breakingnews.ieA Chinese-linked very large crude carrier, the Yuan Hua Hu, was reported transiting the Strait of Hormuz via Iranian-designated lanes on the eve of a planned summit between U.S. and Chinese leaders. The vessel carries 2 million barrels of Iraqi oil. If it completes the crossing,…
Vietnam has formally requested that the US Navy permit the Agios Fanourios I oil tanker to proceed, stating it carries Iraqi rather than Iranian oil. Washington has not yet responded to the request. The development adds a new layer to the ongoing saga of the VLCC tanker.
thehindu.comThe U.S. Treasury Department announced sanctions on May 7, 2026, against Iraq's deputy oil minister and senior figures tied to two Iran-aligned militias. Ali Maarij Al-Bahadly was accused of facilitating the diversion of Iraqi oil for the benefit of the Iranian regime and its pro…
syrianews.ccA convoy of 70 Iraqi crude oil tankers crossed into Syria through the al-Yarubiyah border crossing, marking the first such shipment in 14 years, according to SANA. Separately, an Iranian supertanker evaded a U.S. naval blockade to reach the Asia Pacific region. The updates come a…
ecns.cnThe Trump administration has suspended U.S. dollar shipments to Iraq and frozen security cooperation with its military amid concerns over Iran-backed militias. This marks the second delay since the Iran war began in late February. The move affects proceeds from Iraqi oil sales he…
Substrate placeholder — needs reviewThe Iraqi cabinet has authorized the Iraqi Oil Tankers Company to lease available tankers in the Gulf for storage or other purposes. This measure aims to extend refinery operations during periods when oil sales are not feasible. The decision was outlined in an official statement.
Substrate placeholder — needs reviewIran has informed Iraq that it can ship oil through the Strait of Hormuz, prompting Iraq to notify buyers that its terminals are fully operational. The first tanker has already transited the strait carrying Iraqi oil. This development occurs amid U.S. offers of insurance for regi…
An oil tanker loaded with crude from Iraq passed through the Strait of Hormuz, a critical global shipping route, one day after Iran stated that Iraq has a special exemption to use the waterway. The Strait of Hormuz handles about 20% of the world's oil supply. This transit occurs…
apnews.comThe Suezmax tanker Ocean Thunder has crossed the Strait of Hormuz using a new sea lane passing through Iranian territorial waters near Larak Island, carrying 1 million barrels of Iraqi crude oil. This route follows recent developments in regional shipping amid geopolitical tensio…
ecns.cnIran's military announced that Iraq is exempt from shipping restrictions in the Strait of Hormuz, potentially allowing up to 3 million barrels a day of Iraqi oil exports. An Iraqi official noted that the exemption's effectiveness depends on shipping companies' willingness to navi…