Iraq Ships Oil via New Routes

Iraqi National Oil Company successfully exported two million barrels of oil through alternative routes bypassing the Strait of Hormuz for the first time in decades. According to the company's director, they were tasked with transporting the crude oil using a giant vessel of the VLCC type, based on government directives, to improve sales opportunities and pricing. Future steps include purchasing specialized tankers to increase export capacity, aiming to enhance Iraq's competitiveness in the international oil market and reduce reliance on the Strait, which is a sensitive route for global oil passages.

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