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energyLOWIQ2026-05-05 14:30 UTC

Iraq Offers Huge Discounts for Crude Shipments via Hormuz

OPEC’s second-largest producer, Iraq, is offering huge discounts of up to $33.40 per barrel off the official selling prices for its crude that has to move through the Strait of Hormuz. Iraq’s oil production and exports have been severely crippled due to the hostilities in the Middle East and the de

ORIGINAL SOURCE →via OilPrice.com
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