Iraq resumes southern oil exports

Iraq has resumed oil exports from its southern ports after a month-long halt caused by the disruption of shipping through the Strait of Hormuz. According to Reuters, one tanker is now loading, marking the restart of shipments that were suspended due to the regional tensions. The resumption follows Iran's recent declaration that the strait is fully open, which has helped ease the logistical blockades affecting global oil trade. This development is expected to gradually restore Iraq's crude oil output and contribute to stabilizing market supplies.