Iraq "Hikes Oil Exports via Hormuz"

By Tsvetana Paraskova, for OilPrice.com. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News.

Iraq Hikes Oil Exports via Hormuz in Boon for Asian Refiners

OPEC's second-largest producer, Iraq, more than doubled its crude oil exports via the Strait of Hormuz in August as it offered mouth-watering discounts for loadings at Basrah in the Persian Gulf and Iran allowed Iraqi oil cargoes to transit the chokepoint.

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