Iraq eyes Europe as it seeks to diversify oil exports

Iraq eyes Europe as it seeks to diversify oil exports Iraqi Prime Minister Ali al-Zaidi said on Tuesday that he discussed selling oil to Europe during visits to France and Germany, as Baghdad seeks to diversify its export routes and reduce its reliance on the Strait of Hormuz.

During a press conference with German Chancellor Friedrich Merz in Berlin, Zaidi said "we want to expand and diversify our export routes" He added that "Iraq cannot remain hostage to a single corridor" as recent events have demonstrated, referring to the Strait of Hormuz, which has been blockaded by Iran during war.

Zaidi said that he had discussed oil exports to Europe with Merz and French President Emmanuel Macron, whom he met in Paris on Monday.