Iran grants permission for a number of Iraqi oil tankers to pass through Hormuz
Iran eased passage for Iraqi tankers after Baghdad pressed for special permission as southern crude exports fell sharply, officials said.
- On Saturday, Iran permitted several Iraqi oil tankers to transit the Strait of Hormuz following repeated requests from Baghdad, state-run media reported. Iraqi President Nizar Amedi confirmed the facilitation of vessel passage.
- Iraq has been among countries most affected by Iran's effective closure of the Strait, prompting repeated diplomatic efforts. Iraqi Parliament Speaker Haibet Al-Halbousi urged Tehran to provide 'special consideration' for Iraqi exports during talks with Mohammad Bagher Ghalibaf.
- Kpler data showed only seven commodity vessels crossed the strait on Thursday, down from 14 a day earlier. July shipments averaged 1.4 million barrels per day, well below pre-disruption Basrah exports of more than 3.3 million barrels per day.
- Prime Minister Ali al-Zaidi said on Friday that Baghdad is expanding exports through Turkey's Ceyhan port to reduce reliance on the waterway. A proposed pipeline to Syria's Baniyas port could cost at least $15 billion.
- Baghdad continues seeking arrangements with the United States to secure crude shipments through the waterway. The State Organization for Marketing of Oil is negotiating with German shipping companies over Iraqi-flagged tankers to bolster export capacity.
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92 Articles
Several Iraqi oil tankers are allowed to pass the strait before Iran despite its closure. They have received a special permit, as well as Chinese and Indian ships.
Iran gave permission for Iraqi oil tankers to pass through the Strait of Ormuz, announced the IRNA state agency on Saturday (22), after the U.S. announced that they will impose an economic blockade on Iranians along with their allies and promise sanctions to those who do not join the bloc. Baghdad would have made several appeals to the Iranian authorities for various channels and permission was granted after a visit by Iranian parliamentarian Mo…
Iraq, which had produced about 4 million barrels of oil a day prior to the war, is now looking for alternative export routes.
Berliner Morgenpost
Iran keeps the road of Hormus, which is important for world trade, closed. For its neighbour, it is now making an exception. News in the blog.
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