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Macro Finance

UAE Shuttles Iraqi Oil Exports Through the Strait of Hormuz

Bloomberg Markets·August 12, 2026·1 min read

Abu Dhabi National Oil Co.'s trading arm is offering to shuttle exports of Iraqi oil through the Strait of Hormuz, using its dark-transit playbook to transport Basrah and other crude to refiners in Asia, according to people familiar with the matter.

Read at Bloomberg Markets
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