Iraq has reached understandings with US to allow oil exports through Hormuz, minister says

USO•2026-11-08

Iraq has reached understandings with the United States to allow its oil exports through the Strait of Hormuz via a shipping lane near Oman, Foreign Minister Fuad Hussein said. He said losses from the Iran war and export disruptions had reached $60 billion.

Iraq has reached understandings with US to allow oil exports through Hormuz, minister says

1. Oil export route

2. Losses and exports

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