Iraq has reached understandings with US to allow oil exports through Hormuz, minister says

L’Iraq ha raggiunto un accordo con gli Stati Uniti per consentire le esportazioni di petrolio attraverso lo Stretto di Hormuz, afferma il ministro


Vessels at the Strait of Hormuz, as seen from Musandam, Oman, November 3, 2026. REUTERS/Stringer (Reuters)

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.

Iraq’s oil exports recovered in October after a sharp drop the previous month. Exports rose to about 3.5 million barrels per day from 2.65 million bpd in September, according to Iraqi energy officials.

(Reporting by Ahmed Rasheed; Editing by Nia Williams)

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