Iraq's oil exports increased significantly in August and September. This rise followed wide profit margins and Iranian tanker passage approvals. Buyers were incentivized by substantial discounts offered on Iraqi crude oil. Major importers like China and India are receiving more heavy crude. Shipments are improving supply to key Asian markets.

Iraq's oil exports increased significantly in August and September. This rise followed wide profit margins and Iranian tanker passage approvals. Buyers were incentivized by…

Iraq's oil exports via the Strait of Hormuz nearly doubled in August to 2.34 million bpd, as Iran eased transit and Baghdad cut prices.