Macro Finance
UAE Shuttles Oil Exports From Iraq Through the Strait of Hormuz
Bloomberg Markets·August 12, 2026·1 min read
Abu Dhabi National Oil Co. 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. The arrangement could help Iraq bypass regional shipping constraints.
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