Iraq ships 14M barrels of delayed oil after Hormuz tensions ease

About 14 million barrels of Iraqi oil, the delivery of which had been delayed due to the conflict in the Middle East, have left the Persian Gulf over the past 10 days after tensions in the Strait of Hormuz eased amid a ceasefire between the United States and Iran.

Report informs, citing Bloomberg, that vessels carrying Iraqi oil left the Persian Gulf in the second half of June and headed to buyers in Asia, Europe and the United States.