Iraq's Oil Tankers Company said it had moved 2 million barrels of crude out of the country on a very large crude carrier through the Strait of Hormuz.
Iraq's Oil Tankers Company said on Saturday that it had transported 2 million barrels of crude from the country aboard a very large crude carrier through the Strait of Hormuz, Reuters reported. Arab News also carried the company statement.
The shipment is a company-reported transit rather than an independent tally of all Gulf exports. The strait remains a central route for crude and liquefied natural gas moving out of the Gulf.
The announcement came while G7 governments were arranging a release of emergency fuel stocks after months of elevated prices tied to the Iran war and disruption around the strait. Iraq's report indicated that at least one large cargo had completed the passage.
The company did not, in the accounts reviewed, publish the vessel name, the loading terminal, or the destination. Those details were not independently confirmed in the wire summaries.
Energy markets have treated any confirmed Hormuz transit as a signal about whether loadings can continue, even as governments prepare reserve releases to ease diesel and crude prices.