Iraq to Export Crude via Multiple Outlets

Iraq Aligns Strategies for Crude Oil Export Expansion

Iraq's cabinet has ratified new procedures for exporting crude oil through specialized companies, both international and local. This initiative aims to diversify export channels. According to the government's statement, the contracts, part of this fresh approach, will be operational for a three-month period starting from September 1.

Iraq approves three month mechanism to export crude via local, international firms

Iraq is seeking to diversify its oil export channels and maintain flexibility in marketing its crude amid the Iran war and the closure of the Strait of Hormuz.

Iraq to Export Crude via Multiple Outlets

Iraq's cabinet approved mechanisms for exporting Iraqi crude through specialized international and local companies and via multiple export outlets, the government said on Tuesday.The contracts under the new mechanism will run for three months starting September 1…