Iraq Wins Rare Strait of Hormuz Access for Oil Tankers—But at What Cost?

CLAVE 1 / 4Iran has allowed select Iraqi oil tankers to transit the Strait of Hormuz after repeated requests from Baghdad.

CLAVE 2 / 4Iraq’s oil exports rely on Gulf maritime routes, producing 4 million barrels per day before regional hostilities disrupted traffic.

CLAVE 3 / 4Over 90% of Iraq’s state revenue comes from oil sales, forcing Baghdad to seek alternative export channels.

CLAVE 4 / 4Tehran’s exemptions aim to ease economic pressure on Iraq while maintaining its strategic hold over the chokepoint.

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