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Story summary
- The Iranian military command announced Iraq will face no restrictions in the Strait of Hormuz, allowing Iraqi ships to pass freely.
- The move is described as a significant easing of restrictions affecting global energy supplies.
- Recent Western-aligned transits indicate a potential shift in shipping dynamics through the Strait of Hormuz.
- Despite the easing, vessel traffic remains well below pre-war levels and Iraq's oil exports have fallen by 97%.
