Macro Finance
Iraq Struggles to Sell Oil From Basra After Hiking Its Prices
Bloomberg Markets·September 7, 2026·1 min read
Iraq is struggling to find buyers for its crude from inside the Persian Gulf this month after sharply raising barrel prices, a development that could jeopardize a pickup in the nation's oil flows. The pricing hike appears to have deterred potential purchasers, raising concerns about export momentum.
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