Commodities
Iran Grants Permission for Iraqi Oil Tankers to Pass Through Strait of Hormuz
Iran has granted permission for some Iraqi oil tankers to pass through the Strait of Hormuz, following repeated requests from Baghdad. The move comes after Iranian parliament speaker Mohammad Bagher Ghalibaf visited Iraq and discussed various issues with Iraqi officials.
The special permission was one of Baghdad's main demands during Ghalibaf's visit, according to Iran's state news agency IRNA. This development may have significant implications for the oil trade between the two countries.