Iraq has reached understandings with US to allow oil exports through Hormuz, minister says

Vessels at the Strait of Hormuz, as seen from Musandam, Oman, November 3, 2026. REUTERS/Stringer

Nov 8 (Reuters) - ⁠Iraq has reached ⁠understandings with the United ‌States to allow Iraqi oil exports through the Strait ​of Hormuz via ⁠a shipping ⁠lane near Oman, Foreign Minister ⁠Fuad ‌Hussein said in an ⁠interview with Al Jazeera.

He said ​Iraq's ‌losses from the Iran ⁠war ​and disruptions to oil exports had reached $60 ⁠billion.