Iraqi Oil
7 stories related to this topic, newest first.
thehindu.comIraqi Oil Tankers Enter Syria via al-Yarubiyah Crossing After 14 Years
A 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.cnU.S. Suspends $500 Million Cash Shipment and Halts Military Aid to Iraq
The 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…
Ibrahimuo / Wikimedia (CC BY-SA 4.0)Iraqi Cabinet Authorizes Oil Tankers Company to Lease Vessels in Gulf for Refinery Support
The 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 review · Wikimedia Commons (CC BY-SA 3.0)Iraq Resumes Oil Shipments Through Strait of Hormuz After Iranian Approval
Iran 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…
Photo: Shaah Shahidh / UnsplashIraqi Oil Tanker Transits Strait of Hormuz After Iran's Statement on Exemption
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.comTanker Carrying Iraqi Oil Transits Strait of Hormuz via New Route Near Larak Island
The 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 Exempts Iraqi Ships from Strait of Hormuz Restrictions
Iran'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…