Iraq completes transportation of 2 million barrels of crude oil to the offshore area of the Strait of Hormuz

Iraq has announced that it has completed the transportation of 2 million barrels of crude oil using an ultra-large oil tanker, and this batch of crude oil has now been delivered to waters outside the Strait of Hormuz. It is understood that the Strait of Hormuz is one of the most important oil transportation routes in the world, with nearly one-third of global seaborne oil trade passing through this channel. Iraq's decision to transport crude oil to waters beyond the strait also reflects its strategic considerations in energy export logistics.