Positive News for Iraqi Market: Exemption of Baghdad's Oil Tankers from Hormuz Restrictions

In urgent and exclusive news reviving declining economic hopes, Iraq officially obtained a comprehensive and exceptional exemption document allowing the safe passage of its oil tankers through the waters of the Strait of Hormuz without subjection to current restrictions. Immediately upon the issuance of this decisive decision, the State Organization for Marketing of Oil (SOMO) urged all its international clients to systematically accelerate loading schedules to ensure Iraqi exports remain entirely unaffected by the navigation crisis, securing the continued flow of hard currency into the treasury.