Iraq exported 10 million barrels of oil through Strait of Hormuz in April

Iraq’s Oil Minister Bassem Mohammed has announced that the country exported approximately 10 million barrels of oil through the Strait of Hormuz during April. The figure represents a significant portion of Iraq’s total crude oil exports, which are vital to the nation’s economy and government revenue. The Strait of Hormuz remains one of the world’s most critical shipping routes for global energy supplies, with millions of barrels passing through the waterway daily. Iraq, home to some of the world’s largest proven oil reserves, relies heavily on petroleum exports to fund its public sector and development projects. The announcement comes as global oil markets remain attentive to supply flows from major producing nations in the Middle East, where geopolitical tensions can impact energy prices worldwide.

Source: Walla News — Original article in Hebrew.