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.
