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The article focused on Iraq's efforts to overcome its oil export crisis due to the threat to the Strait of Hormuz. Iraq has begun seeking to develop alternative export routes through Turkey and Syria, after exports decreased from about 3.6 million barrels per day to around two million due to restrictions on transit through Hormuz. Officials explained that Iraq has options such as the Syrian and Turkish ports, but current alternatives do not fully compensate for the export losses. Specifically, exports via the Turkish port of Ceyhan are currently no more than 200,000 barrels per day, with a goal of reaching 600,000 barrels. Additionally, transportation by trucks and maritime barges is expensive, time-consuming, and does not cover the volume previously shipped through Hormuz. There are concerns that continued disruptions could lead to reduced production and operational problems. Meanwhile, the company "SOMO" has begun issuing tenders to sell Basra crude outside the Strait of Hormuz. These changes could impact Iraq's revenues, which heavily depend on oil exports. Currently, exports are around 1.3 to 1.4 million barrels per day, compared to 100 million barrels in February. Despite navigation disruptions, Iraq has resumed oil exports to India, with crude flows continuing through alternative ports.
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