Baghdad gas queues as Hormuz oil imports fall
The article discusses Iraq's declining gasoline imports via the Strait of Hormuz following the outbreak of the Middle East war, which has led to long lines at fuel stations in Baghdad. Despite being the second-largest oil producer within OPEC and producing around 4 million barrels per day before the war, Iraq is now facing shortages. These shortages are due to logistical disruptions and the repercussions of the conflict, as the cessation of navigation through the strait affects oil export operations and forces Iraq to import fuel from external sources. The Iraqi Ministry of Oil has confirmed that the shortage is temporary and that additional shipments are on their way. Meanwhile, oil exports increased to 70 million barrels in August, the highest level since the war began, despite ongoing challenges caused by regional conflicts and tensions.
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