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Iraq Calls for Iran Oil Export Privileges

Iraq Calls for Iran Oil Export Privileges

The Speaker of the Iraqi Parliament, Hibt Halabousi, called on Iran to grant Baghdad a "special status" in oil exports through the Strait of Hormuz, due to Iraq's exports being affected by navigational disruptions caused by the war between the United States and Iran, which led to a decline in oil revenues. This request comes amid Iraq’s efforts to safeguard its economic interests amidst regional tensions, with Halabousi emphasizing the importance of considering the nature of relations with Iran and providing exemptions to ensure the protection of Iraq's oil interests in the strategic strait.

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