RIYADH: Iraq increased oil exports through the Strait of Hormuz and the Ceyhan pipeline in July, Oil Minister Bassem Mohammed Khudair said, as Baghdad sought to recover revenue lost during the disruption of its main export route. Average shipments through the two outlets reached about 1.5 million barrels a day before the latest escalation in the war, Khudair said in an interview with Asharq Bloomberg in Washington broadcast Saturday. While that remains well below Iraq’s pre-war exports, it stands at about three times Bloomberg estimates for June shipments.

Iraq and Syria agreed to revive a long-shuttered oil pipeline to reduce Baghdad's reliance on the Strait of Hormuz after the Iran conflict.

Iraq sends thousands of fuel trucks through Syria after Iran closes the Strait of Hormuz, while advancing a $5 billion pipeline to reshape oil exports.

RIYADH: Iraq increased oil exports through the Strait of Hormuz and the Ceyhan pipeline in July, Oil Minister Bassem Mohammed Khudair said, as Baghdad sought to recover revenue…

Iraq and Syria agreed to restore the Kirkuk-Baniyas pipeline, reducing reliance on Hormuz. WTI reaching $110 in July 2026 at 4.9% YES.

Persian Gulf oil exports briefly recovered to pre-war levels before renewed U.S.-Iran hostilities disrupted tanker traffic through the Strait of Hormuz once again.