Iraq's state-owned Oil Tanker Company transported 2 million barrels of crude through the Strait of Hormuz, marking its first such operation in decades. The move grants state marketer SOMO greater sale
Iraq's state-run SOMO launched a tender to sell 2 million barrels of Basrah Heavy oil via ship-to-ship transfer near the Omani coast. Loading is scheduled between September 27-30.
Iraq's state oil marketer SOMO struggles to sell Basra crude after cutting discounts, as high shipping costs and Strait of Hormuz risks deter traders. Buyers remain hesitant despite Baghdad's revenue
Iraq's state oil marketer SOMO is offering crude oil collection outside the Persian Gulf for the first time since the war began, signaling resilient exports despite regional security threats. Major tr
Iraq's state oil marketer SOMO requested Turkey extend the Kirkuk-Ceyhan pipeline agreement by at least a year to allow time for new negotiations before the current deal expires on July 27.
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