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The Iraqi government is working on alternative plans to export crude oil in case the Strait of Hormuz is closed due to rising tensions between Iran and the United States. Iraq is ensuring that the country will have safe exports that would allow its oil to continue to be exported if tensions cause the Strait of Hormuz to be off-limits.

Iraq seeks alternative oil Export routes amid Hormuz risks

The Iraqi government is working on alternative plans to export crude oil in case the Strait of Hormuz is closed due to rising tensions between Iran and the United States. Iraq is ensuring that the country will have safe exports that would allow its oil to continue to be exported if tensions cause the Strait of Hormuz to be off-limits.

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