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Iraq’s 14 Million Barrels of Trapped Oil Escape Through Hormuz
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Iraq’s 14 Million Barrels of Trapped Oil Escape Through Hormuz

Bloomberg Markets · Jun 29, 2026, 2:24 PM

Iraqi oil stranded by the Middle East conflict has escaped the Persian Gulf over the past 10 days as transit via the Strait of Hormuz eased during an uneasy US-Iran ceasefire.

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