Iran Eases Oil Tanker Restrictions Through Strait of Hormuz Amid Iraq's Export Push

The Iranian government has granted permission for a number of Iraqi oil tankers to pass through the Strait of Hormuz, following repeated requests from Baghdad. According to IRNA, Iran's state news agency, the move was one of the main demands made by Iraq during a visit by Iranian Parliament Speaker Mohammad Baqer Qalibaf.

The president of Iraq, Nizar Amedi, stated that Iran had eased restrictions on oil tankers passing through the strait in recent days and that Baghdad had discussed exporting Iraqi oil through Hormuz with Iranian officials. Iraq has been one of the countries most affected by the effective closure of the Strait of Hormuz by Iran.

Iraq produced around 4 million barrels of oil per day before the conflict with Iran erupted. Baghdad is working to expand its exports through Turkey's Ceyhan port and plans to start shipping oil through Syria's Baniyas port and Jordan's Aqaba port, according to Iraqi Prime Minister Ali al-Zaidi.