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Iraqi Oil Export via Hormuz Approved
Iraq has taken official diplomatic measures to ensure the passage of oil tankers through the Strait of Hormuz, which is surrounded by American and Iranian forces, in order to maintain the smooth flow of its oil exports, which have currently risen to more than two million barrels per day, with expectations to increase to three million barrels soon. Iraq aims to secure ongoing and permanent approval for the transit of these tankers, after its exports were affected by Iranian blockades of the maritime passage due to wartime activities. Previously, Iraq exported around four million barrels daily, but it is now exporting via alternative routes.
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