Iraq Hikes Oil Exports via Hormuz in Boon for Asian Refiners
OPEC’s second-largest producer, Iraq, more than doubled its crude oil exports via the Strait of Hormuz in August as it offered month-watering discounts for loadings at Basrah in the Persian Gulf and Iran allowed Iraqi oil cargoes to transit the chokepoint. Iraqi oil exports jumped to some 2.34 milli
<p>OPEC’s second-largest producer, Iraq, more than doubled its crude oil exports via the Strait of Hormuz in August as it offered month-watering discounts for loadings at Basrah in the Persian Gulf and Iran allowed Iraqi oil cargoes to transit the chokepoint. Iraqi oil exports jumped to some 2.34 milli</p>