How much Iraqi oil that had been stranded in the Persian Gulf has now exited via the Strait of Hormuz, and over what timeframe?

Approximately 14 million barrels of Iraqi oil that had been stranded in the Persian Gulf exited via the Strait of Hormuz over a 10-day period in late June, equivalent to about 1.4 million barrels per day; all cargoes loaded since late February — which had been stuck inside the Gulf — have now sailed toward their final destinations.

What caused the initial stranding of Iraqi oil, and what changed to allow its recent export?

The stranding began after US and Israeli attacks started on February 28, prompting Iran to nearly close the Strait of Hormuz — a vital choke point — blocking hundreds of ships; exports resumed after the US and Iran agreed to pause hostilities in an effort to reach a lasting peace deal, easing transit through Hormuz.

Iraq's 14 Million Barrels of Stranded Oil Exit via Hormuz

Jun 29, 2026

Following a US-Iran ceasefire, 14 million barrels of stranded Iraqi oil exited the Persian Gulf via the Strait of Hormuz over ten days. Iraq now seeks increased OPEC production quotas to recover lost revenues from the conflict blockade.

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Iraq's 14 Million Barrels of Stranded Oil Exit via Hormuz

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