While speaking at his first press conference since taking office, Iraqi oil minister Basim Mohammed said Iraqi exports through the waterway had become heavily dependent on the arrival of oil tankers, many of which were avoiding the route because of soaring insurance risks.

Iraq oil exports through Strait of Hormuz plunge from 93 million to 10 million barrels in April

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Iraq oil exports through Strait of Hormuz plunge from 93 million to 10 million barrels in April