22 Hrs
Source:
أخبار الصين
Iraqi Oil Company transfers crude outside Hormuz
For the first time in decades, the Iraqi National Oil Company has carried out a transport of two million barrels of crude oil aboard a giant vessel outside the Strait of Hormuz. This move aims to improve sales and pricing processes and to avoid risks associated with tensions in the strait. This step comes as part of Iraq's efforts to enhance its oil transportation capabilities, especially following the impact of the Iran-U.S. conflict on navigation in the strait. The company plans to acquire specialized tankers in the future to boost its competitiveness in the regional oil market.
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