UAE Shuttles Iraqi Oil Exports Through the Strait of Hormuz

UAE OIL SHUTTLE: ADNOC Offers To Move Iraqi Crude Through Strait Of Hormuz

The UAE’s state-owned Abu Dhabi National Oil Co. is offering to transport Iraqi oil through the Strait of Hormuz using the same shuttle system it has relied on to move its own crude out of the Persian Gulf, Bloomberg reports. Under the method, vessels make short trips through Hormuz, often with their transponders switched off, […]

Due to the Iran war, Iraq is running out of money

Because of the blockage of the Strait of Hormuz, Iraq cannot export enough oil to fund the country's huge public sector. Protests have already started. Will the Iran war destabilize Iraq again?

UAE Shuttles Iraqi Oil Exports Through the Strait of Hormuz

Abu Dhabi National Oil Co.’s trading arm is offering to shuttle exports of Iraqi oil through the Strait of Hormuz, using its dark-transit playbook to transport Basrah and other crude to refiners in Asia, according to people familiar with the matter.

UAE Shuttles Oil Exports From Iraq Through the Strait of Hormuz

Abu Dhabi National Oil Co. is offering to shuttle exports of Iraqi oil through the Strait of Hormuz, using its dark-transit playbook to transport Basrah and other crude to refiners in Asia, according to people familiar with the matter.

UAE’s ADNOC helps keep Iraqi oil flowing through Strait of Hormuz

Baghdad (IraqiNews.com) — Iraq is collaborating with the UAE’s ADNOC and other international energy merchants to maintain crude exports flowing through the Strait of Hormuz, as Baghdad seeks methods to secure key oil income amidst ongoing disruptions to Gulf shipping. Iraq’s State Organization for Marketing of Oil (SOMO) reported that Abu Dhabi National Oil Company is one of the firms purchasing Iraqi petroleum and successfully transporting ship…

War, trade and Jacky Panjabi's 40-year bet on Dubai

Interview with founder of Jacky’s Began with mail order in Hong Kong Retailers shouldn’t panic, he says The first thing that made Jacky Panjabi look twice at Dubai was the price of an air conditioner. It was 1985, an unpromising time to arrive in the emirate. The Iran-Iraq war was in its fifth year. Baghdad had been attacking Iranian shipping since 1984 while Tehran was mining the Strait of Hormuz and using armed patrol boats to strike Kuwaiti, …