Foreign media, citing sources, report UAE state oil company ADNOC is proposing to help Iraq export crude that would bypass the Strait of Hormuz via ‘dark’ ship-to-ship transshipments, moving Basra cargoes to Asian refiners. Sources say the plan would

2026-08-12

Foreign media, citing sources, report UAE state oil company ADNOC is proposing to help Iraq export crude that would bypass the Strait of Hormuz via ‘dark’ ship-to-ship transshipments, moving Basra cargoes to Asian refiners. Sources say the plan would use short-haul rendezvous in the Persian Gulf with vessels reportedly switching off AIS before transferring cargo offshore; ADNOC is a leading Persian Gulf crude exporter.