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Iraq unable to ship oil to Lebanon plant amid Hormuz closure

Summary by The New Arab
Iraq's National Oil Company (INOC) has been unable to deliver oil to Lebanon due to the continued closure of the Strait of Hormuz and Iraq's cessation of extraction from most of the Basra fields, high-ranking government sources in Baghdad told The New Arab's Arabic-language sister site. The oil, used by Lebanon to operate its power plants, is supplied by Iraq as part of a 2021 agreement between the two countries. Iraq provides Lebanon with 1.5 m…

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The New Arab broke the news in London, United Kingdom on Tuesday, March 17, 2026.
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