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Iraq boosts oil exports in August as low prices draw buyers

Source: reuters.com

Energy Markets & PricesGeopolitics & WarTrade Policy & Supply ChainCommodities & Raw Materials
Iraq boosts oil exports in August as low prices draw buyers

Iraq increased August oil exports and is set to raise September shipments, supported by wider profits and Iranian approval for Iraqi tankers to transit the Strait of Hormuz. The improvement in supply/transport visibility should attract buyers, underpinning near-term flow dynamics for crude markets.

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