S8/10geopolitical

Iraq’s 14 Million Barrels of Trapped Oil Escape Through Hormuz

Iraqi oil stranded by the Middle East conflict has escaped the Persian Gulf over the past 10 days as transit via the Strait of Hormuz eased during an uneasy US-Iran ceasefire.

29 Jun 2026, 14:24 UTCSource: Bloomberg MarketsOriginal source

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