Iraq's oil minister, Bassim Mohammed Hudayyer, said on Aug 8 that closure of the Strait of Hormuz has reduced Iraq's oil exports by about 75%. Iraq is negotiating with Iran for permission to route its exports but coordination is not yet in effect. Be

2026-08-08

Iraq's oil minister, Bassim Mohammed Hudayyer, said on Aug 8 that closure of the Strait of Hormuz has reduced Iraq's oil exports by about 75%. Iraq is negotiating with Iran for permission to route its exports but coordination is not yet in effect. Before recent US–Israel–Iran clashes, Iraq shipped roughly 3.4 mln b/d via the Strait of Hormuz; flows via the strait have fallen since the outbreak. Hudayyer said Iraq needs to find solutions to diversify oil export routes.