Iraq has offered buyers of its crude oil the option to collect supplies from outside the Persian Gulf for the first time since the Iran war began, according to a Bloomberg report, underlining that exports continue to flow through the Strait of Hormuz despite months of conflict-driven disruption.
Iraq's state oil marketer, SOMO, is offering Basrah Medium and Basrah Heavy crude that can be picked up via ship-to-ship transfer near the Omani coast next month, through a tender, Bloomberg reported, citing a document it had seen.