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Sunday
November 8, 2026
The Port Journal

Iraq Has Reached Understandings With US To Allow Oil Exports Through Hormuz

Nov 8 (Reuters) – Iraq has reached understandings with the United States to allow Iraqi oil exports through the Strait of Hormuz via a shipping lane near Oman, Foreign Minister Fuad Hussein said in...

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Iraq Has Reached Understandings With US To Allow Oil Exports Through Hormuz
Photo: gCaptain

Oil tanker Al Shaffiah sails at the sea near the Omani coast, as seen from Musandam, Oman, June 26, 2026. REUTERS/Stringer

Nov 8 (Reuters) – Iraq has reached understandings with the United States to allow Iraqi oil exports through the Strait of Hormuz via a shipping lane near Oman, Foreign Minister Fuad Hussein said in an interview with Al Jazeera.

He said Iraq’s losses from the Iran war and disruptions to oil exports had reached $60 billion.

Read Also: Iraq Shifts Oil Strategy By Arranging Tanker To Move Past Hormuz

This story was originally published by gCaptain. Read the full story at gCaptain →

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