Iraq said it had loaded 2 million barrels of crude onto an ultra-large crude carrier (ULCC) outside the Strait of Hormuz to give state oil marketer SOMO greater sales flexibility. Baghdad said it is seeking to buy specialist crude tankers to expand its fleet.

2026-10-04

Iraq said it had loaded 2 million barrels of crude onto an ultra-large crude carrier (ULCC) outside the Strait of Hormuz to give state oil marketer SOMO greater sales flexibility. Baghdad said it is seeking to buy specialist crude tankers to expand its fleet.