Iraq plans to boost oil exports with Strait of Hormuz deal on Friday

Iraq to export crude and naphtha through Syria after Strait of Hormuz closure

Iraq diverts 50,000 bbl/day crude via Syria (from July 2026) after Hormuz closure; oil is 90% of budget. The reroute signals supply-chain concentration risk to tech leaders: single-points-of-failure in infrastructure—energy, networks, vendors—create systemic vulnerability.