Iraq Is in Process of Seeking Oil Tankers for Hormuz Strait Runs

Iraq is seeking to hire multiple tankers to move crude through the Strait of Hormuz as Baghdad increases efforts to sell oil into global markets. The need to route shipments via a geopolitically sensitive chokepoint raises uncertainty around near-term shipping logistics and potential crude flow disruptions. While not a quantified earnings or policy change, the development could affect tanker availability and crude transport expectations in the region.