Economic Expert Highlights SOMO's Success in Bypassing the Strait of Hormuz Closure

mniraq - An economic expert stated that the rise in Iraqi crude oil exports to 2.34 million barrels per day reflects SOMO's success in navigating the Strait of Hormuz closure. The expert noted that this volume represents about 71% of pre-closure export levels, attributing the achievement to flexible pricing discounts and innovative shipping methods utilizing smaller tankers to offload crude outside the strait at competitive prices.