Geopolitics

Iraqi Oil Ministry says crude is sold at the port, after which buyers assume responsibility for transporting shipments, and Iraq bears no responsibility for tanker routes through the Strait of Hormuz once vessels leave its ports, Al Arabiya reports

StockNow breaking-news AI analysis

Iraq's Oil Ministry disclaims liability for tanker navigation in the Strait of Hormuz, shifting responsibility to buyers amid heightened regional security threats and industry discussions on alternative pipeline routes.

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