Iraq "Seeks to Boost Oil Revenue by Cutting Buyers' Discounts"

By Nadim Kawach, for Arabian Gulf Business Insight (AGBI). Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News.

Iraq Seeks to Boost Oil Revenue by Cutting Buyers' Discounts

Iraq is seeking to reduce the discounts on crude oil it offers international buyers in an attempt to increase revenues, despite the high cost of shipping through the Strait of Hormuz.

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