Iraq exports 30M barrels via Strait
A report states that Iraq exported more than 30 million barrels of oil through the Strait of Hormuz in one month, despite restrictions on navigation in the strait due to military and geopolitical tensions. This has affected the country's revenues, which had been heavily reliant on oil exports, decreasing them from around eight billion dollars per month to approximately 1.5 billion dollars. Officials also noted that Iraq continues to export via alternative routes such as Syria and the Turkish port of Ceyhan, amid the suspension of most oilfield production due to the war and Iran's blockade of the strait.
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