Iraq's SOMO now allows ship-to-ship crude transfers near Oman, giving buyers a route that avoids the Strait of Hormuz for the first time since

Iraq's SOMO now allows ship-to-ship crude transfers near Oman, giving buyers a route that avoids the Strait of Hormuz for the first time since

Iraq now allows crude oil collection outside the Persian Gulf for buyers. This move comes as exports continue through the Strait of Hormuz despite disruptions. Iraq's state oil…