Iraq reaches understandings with US to allow oil exports through Hormuz, minister says
USO•Iraq has reached understandings with the United States to allow Iraqi 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.
1. Export route understanding
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 in an interview. He said Iraq's losses from the Iran war and disruptions to oil exports had reached $60 billion.
